ACFE Exam CFE Topic 2 Question 41 Discussion

Actual exam question for ACFE's CFE exam

Question #: 41
Topic #: 2

[All CFE Questions]

Which are check tempering frauds in which an employee prepares a fraudulent check and submits it usually along with legitimate checks to an authorized maker who signs it without a proper review?

AEndorse check scheme

BLegitimate check scheme

CPayable check scheme

DConcealed check scheme

Show Suggested Answer

Suggested Answer: D

by Tiffiny at Oct 05, 2023, 06:45 PM

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Veta

1 months ago

Wait, do I get bonus points for coming up with a new option called the 'Invisible check scheme'? That's where the employee just makes the check disappear entirely. Talk about a foolproof plan!

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Starr

4 days ago

User 1: A) Endorse check scheme

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Option A sounds like the one where the employee runs out and goes on a shopping spree with the check. That's not very subtle, is it? I'm going to have to go with D - Concealed check scheme. It's the sneakiest one!

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Blair

2 months ago

C seems the most obvious choice, but you know what they say - the simplest answer is often the right one. I'm going with Payable check scheme. Sounds like a real classic!

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Alise

7 days ago

I agree with you, Payable check scheme does sound like a classic fraud.

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Rodolfo

10 days ago

I'm not sure, but I'll go with Endorse check scheme. It sounds familiar.

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Stephaine

15 days ago

I think it's Concealed check scheme. It sounds sneaky.

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Lynelle

2 months ago

Hmm, I'm torn between B and D. Legitimate checks can be just as tricky, but 'concealed' has a nice ring to it. Maybe I'll just flip a coin and hope for the best!

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Tamekia

1 months ago

I agree, that one sounds sneaky. Let's go with D!

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Berry

2 months ago

I think it's D) Concealed check scheme.

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Marva

2 months ago

I think option D is the correct answer. It sounds like the perfect way to sneak a fraudulent check past the authorized signer. Gotta love that 'concealed' part - they're really hiding it in plain sight!

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Avery

2 months ago

I'm not sure, but I think it could also be D) Concealed check scheme, where the fraudulent check is hidden among others to deceive the authorized maker.

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Glory

3 months ago

I agree with Mozell, because in this scheme the employee can easily slip in a fraudulent check among legitimate ones.

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Mozell

3 months ago

I think the answer is A) Endorse check scheme.

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ACFE Exam CFE Topic 2 Question 41 Discussion

Contribute your Thoughts:

Veta

Starr

Marla

Blair

Alise

Rodolfo

Stephaine

Lynelle

Tamekia

Berry

Marva

Avery

Glory

Mozell