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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Lynelle

10 days 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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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

20 days 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

22 days 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

25 days 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:

Lynelle

Marva

Avery

Glory

Mozell