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ACFE Exam CFE Topic 4 Question 54 Discussion

Actual exam question for ACFE's CFE exam
Question #: 54
Topic #: 4
[All CFE Questions]

Most of the shell company schemes involve the purchase of goods rather than services.

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Suggested Answer: B

by Ashton at May 22, 2024, 07:36 PM

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Paola
6 months ago
Of course it's False! Everyone knows shell companies are just empty shells - they don't buy anything, goods or services!
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Felicia
7 months ago
Hmm, this is a tricky one. I'm going to have to go with B, though. Services are harder to verify, so that seems more in line with the typical shell company playbook.
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Giovanna
6 months ago
B) False
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Cassie
6 months ago
I agree, I think it's more common for shell companies to purchase goods to make their operations seem legitimate.
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Jules
6 months ago
B) False
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Jennifer
6 months ago
A) True
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Mitzie
7 months ago
I'm going with True. Most shell company schemes I've heard about involve the purchase of physical goods to create a paper trail.
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Mari
7 months ago
Definitely False. Shell companies are all about moving money around through fake transactions, and goods are much easier to track than services.
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Herminia
7 months ago
I think the answer is B. Shell companies usually focus on services rather than goods, as it's easier to hide the source of funds that way.
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Mammie
6 months ago
B) False
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Ronald
6 months ago
I agree, shell companies often use services to hide the source of funds.
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Kasandra
6 months ago
A) True
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Buck
6 months ago
That's correct. Services are commonly used in shell company schemes to conceal the origin of money.
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Merilyn
6 months ago
I agree, shell companies often deal with services to conceal the source of funds.
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Solange
7 months ago
A
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Kris
7 months ago
I agree, shell companies often use the purchase of services to hide the source of funds.
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Janae
7 months ago
A) True
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