ACFE Exam CFE-Investigation Topic 5 Question 71 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 71
Topic #: 5

[All CFE-Investigation Questions]

Which of the following can be obtained from a wire transfer record?

AThe amount of the transfer in question

BThe type of money order used to make the transfer

CThe location of the customs port of entry for the transfer

DThe recipient's government identification number

Show Suggested Answer

Suggested Answer: D

by Cecil at Jul 28, 2023, 10:37 AM

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Benedict

1 months ago

I heard the answer is actually E) The name of the transfer agent's first-born child. Gotta catch those trick questions, am I right?

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Dylan

2 days ago

C) The location of the customs port of entry for the transfer

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Ling

5 days ago

B) The type of money order used to make the transfer

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Rikki

13 days ago

A) The amount of the transfer in question

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Elmira

2 months ago

Wait, you're telling me a wire transfer record doesn't include the recipient's home address, favorite ice cream flavor, and their astrological sign? Preposterous!

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Wendell

16 days ago

C) The location of the customs port of entry for the transfer

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Miesha

1 months ago

B) The type of money order used to make the transfer

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Bambi

1 months ago

A) The amount of the transfer in question

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Mel

2 months ago

C is the winner! I bet the customs port of entry is super relevant to a simple domestic wire transfer. Totally makes sense.

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Tamie

6 days ago

A) The amount of the transfer in question

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Carissa

11 days ago

D) The recipient's government identification number

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Christa

13 days ago

C) The location of the customs port of entry for the transfer

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Margurite

1 months ago

B) The type of money order used to make the transfer

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Augustine

1 months ago

A) The amount of the transfer in question

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Pete

2 months ago

B? Really? What does a money order have to do with a wire transfer? This question is a total mess.

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Shizue

2 months ago

D, of course. How else would they know who the recipient is? Wire transfers need that kind of personal info.

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Georgene

2 months ago

A) The amount of the transfer in question

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Vincent

2 months ago

D, of course. How else would they know who the recipient is? Wire transfers need that kind of personal info.

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Alpha

2 months ago

I'm not sure about that. I think it could also include D) The recipient's government identification number for security purposes.

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Laurel

2 months ago

I agree with Telma. The wire transfer record should definitely have the amount of the transfer.

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Lamonica

2 months ago

Definitely A. That's the whole point of a wire transfer record - to show the amount transferred.

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Glynda

1 months ago

No, you can't get the recipient's government ID number from a wire transfer record.

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Margarita

1 months ago

D) The recipient's government identification number

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Kindra

2 months ago

I agree, the amount is definitely one of the things you can obtain from a wire transfer record.

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Sherill

2 months ago

A) The amount of the transfer in question

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Telma

2 months ago

I think the answer is A) The amount of the transfer in question.

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