ACFE Exam CFE Topic 3 Question 46 Discussion

Actual exam question for ACFE's CFE exam

Question #: 46
Topic #: 3

[All CFE Questions]

Entering a sales total lower than the amount actually paid by the customer is called:

AUnderrings a sale

BRecording a sale procedure

CInternal sales audits

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Caprice at Jan 29, 2024, 12:30 AM

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Lezlie

2 months ago

All of the above? More like 'all of the ways to get fired and end up in jail!'

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Jamal

7 days ago

C) Internal sales audits

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Glenn

10 days ago

B) Recording a sale procedure

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Lashawnda

14 days ago

A) Underrings a sale

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Edelmira

2 months ago

Recording a sale procedure? Sounds like a fancy way to say 'cooking the books'.

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Monte

7 days ago

D) All of the above

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Ashanti

16 days ago

C) Internal sales audits

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Laquanda

1 months ago

B) Recording a sale procedure

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Oneida

1 months ago

A) Underrings a sale

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Yuonne

2 months ago

D) All of the above makes sense to me, as internal sales audits can also catch underrings a sale.

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Dahlia

2 months ago

I think it's A) Underrings a sale because it involves entering a lower sales total.

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Jennie

2 months ago

I'm no accountant, but I'm pretty sure that's called 'creative accounting' in the real world.

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Lashunda

1 months ago

B) Recording a sale procedure

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Walton

1 months ago

A) Underrings a sale

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Emerson

2 months ago

B) Recording a sale procedure

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Victor

2 months ago

A) Underrings a sale

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William

2 months ago

A) Underrings a sale

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Tegan

2 months ago

I disagree, I think it's C) Internal sales audits because it involves checking for discrepancies.

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Jamal

2 months ago

Underrings a sale? More like undervaluing the customer's hard-earned cash!

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Lucy

1 months ago

D) All of the above

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Tequila

1 months ago

C) Internal sales audits

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Gracia

1 months ago

B) Recording a sale procedure

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Precious

2 months ago

A) Underrings a sale

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Lura

2 months ago

I think it's A too, because it makes sense to enter a lower total to avoid suspicion.

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Macy

3 months ago

A) Underrings a sale

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