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ACFE Exam CFE Topic 4 Question 60 Discussion

Actual exam question for ACFE's CFE exam
Question #: 60
Topic #: 4
[All CFE Questions]

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

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Suggested Answer: C

by Trevor at Aug 08, 2024, 02:35 AM

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Huey
6 months ago
I think shell companies are another way to get around internal controls.
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Melda
6 months ago
I believe fraudulent invoices can also be used to overcome internal controls.
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Aaron
6 months ago
I agree with Suzi, collusion can be very effective in bypassing controls.
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Jesus
6 months ago
Collusion, huh? I guess the fraudsters are just 'working together' to stick it to the man. That's one way to build team spirit, I guess.
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Cherry
5 months ago
C) Collusion
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Mitsue
5 months ago
B) Fraudulent invoices
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Nobuko
6 months ago
A) Shell company
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Tammara
6 months ago
Shell company? Sounds like the fraudsters are really getting crafty. Next thing you know, they'll be using invisible ink to hide their tracks.
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Denny
6 months ago
Fraudulent invoices, huh? I bet the 'Accounts Payable' department is just loving that one. They probably need a raise after dealing with all that creative accounting.
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Eun
7 months ago
Rubber stamp supervisors? Now that's a terrifying thought. Imagine your boss just rubberstamping everything without a second glance. Talk about a recipe for disaster.
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Joaquin
6 months ago
C) Collusion
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Lashanda
6 months ago
Shell companies are often used to hide fraudulent activities, it's important to be vigilant and not overlook any suspicious behavior.
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Jamie
6 months ago
B) Fraudulent invoices
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Lavonne
6 months ago
Collusion is another way to bypass internal controls, it's scary how people can work together to commit fraud.
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Stefan
6 months ago
A) Shell company
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Walton
6 months ago
Yeah, rubber stamp supervisors can definitely be a red flag for fraud.
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Mendy
7 months ago
Collusion? That's the classic way to get around those pesky internal controls. I bet the fraudsters are high-fiving each other right now.
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Glory
6 months ago
Rubber stamp supervisors can turn a blind eye to fraudulent behavior.
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Candida
6 months ago
Shell companies are also used to hide illegal activities.
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Evangelina
6 months ago
Yeah, fraudsters working together can easily manipulate the system.
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Ranee
6 months ago
Collusion is definitely a common tactic used to bypass internal controls.
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Suzi
7 months ago
I think collusion is sometimes used to overcome internal controls.
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