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ACFE Exam CFE Topic 3 Question 37 Discussion

Actual exam question for ACFE's CFE exam

Question #: 37
Topic #: 3

[All CFE Questions]

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

AAssets

BLiabilities

CCredentials

DNone of above

Show Suggested Answer

Suggested Answer: A

by Tarra at Jul 05, 2023, 03:37 PM

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Carmen

29 days ago

I hope the real exam questions aren't as confusing as this one. Maybe Marshall needs to work on his definitions a bit more. Or maybe I just need more coffee.

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Kenia

1 months ago

Haha, 'None of the above'? Nice try, but I doubt the exam writers would make it that easy. I'm going with A - Assets.

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Ashlyn

1 months ago

Credentials? Really? That's just silly. Marshall's definition is clearly about financial terms, not educational qualifications.

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Danilo

1 months ago

Hmm, I'm not so sure about that. Liabilities also seem like a plausible option here. I'll have to think this one through.

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Scarlet

3 days ago

I agree, assets make sense in this context.

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Noelia

11 days ago

I think assets are the correct answer.

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Reed

2 months ago

Assets, of course! Marshall's definition is spot on. I'm confident this is the correct answer.

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Madalyn

1 days ago

I agree, assets are resources controlled by a company.

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Lorrie

18 days ago

Definitely assets, they represent probable future economic benefits.

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Kate

1 months ago

Assets

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Benedict

2 months ago

B) Liabilities

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Eliz

2 months ago

I agree with Verda, assets are probable future economic benefits.

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Verda

2 months ago

A) Assets

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Crissy

2 months ago

B) Liabilities

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Daryl

2 months ago

I agree with Joesph, assets are probable future economic benefits.

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Joesph

3 months ago

A) Assets

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