ACFE Exam CFE Topic 3 Question 70 Discussion

Actual exam question for ACFE's CFE exam

Question #: 70
Topic #: 3

What is sometimes used to overcome well-designed internal controls of a victim company?

AShell company

BFraudulent invoices

CCollusion

DRubber stamp supervisors

Show Suggested Answer

Suggested Answer: C

by Rosann at Dec 05, 2024, 01:55 PM

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4 days ago

A) Shell company? Sneaky, but not as sneaky as a unicorn in a fraud investigation.

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8 days ago

B) Fraudulent invoices? Classic move, but I'm sure the accounting team has seen it all before.

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12 days ago

I think collusion is sometimes used to overcome internal controls.

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13 days ago

D) Rubber stamp supervisors? Sounds like a recipe for disaster - and a promotion for the bad guys!

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15 days ago

C) Collusion? Gotta love some good old-fashioned teamwork in the world of fraud!

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