Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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.

Show Suggested Answer Hide Answer
Suggested Answer: B

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

Limited Time Offer

25%

Off

Get Premium CFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Paola
8 months ago
Of course it's False! Everyone knows shell companies are just empty shells - they don't buy anything, goods or services!
upvoted 0 times
...
Felicia
8 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.
upvoted 0 times
Giovanna
8 months ago
B) False
upvoted 0 times
...
Cassie
8 months ago
I agree, I think it's more common for shell companies to purchase goods to make their operations seem legitimate.
upvoted 0 times
...
Jules
8 months ago
B) False
upvoted 0 times
...
Jennifer
8 months ago
A) True
upvoted 0 times
...
...
Mitzie
9 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.
upvoted 0 times
...
Mari
9 months ago
Definitely False. Shell companies are all about moving money around through fake transactions, and goods are much easier to track than services.
upvoted 0 times
...
Herminia
9 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.
upvoted 0 times
Mammie
8 months ago
B) False
upvoted 0 times
...
Ronald
8 months ago
I agree, shell companies often use services to hide the source of funds.
upvoted 0 times
...
Kasandra
8 months ago
A) True
upvoted 0 times
...
Buck
8 months ago
That's correct. Services are commonly used in shell company schemes to conceal the origin of money.
upvoted 0 times
...
Merilyn
8 months ago
I agree, shell companies often deal with services to conceal the source of funds.
upvoted 0 times
...
Solange
8 months ago
A
upvoted 0 times
...
Kris
9 months ago
I agree, shell companies often use the purchase of services to hide the source of funds.
upvoted 0 times
...
Janae
9 months ago
A) True
upvoted 0 times
...
...

Save Cancel