ACFE Exam CFE Topic 4 Question 53 Discussion

Actual exam question for ACFE's CFE exam

Question #: 53
Topic #: 4

[All CFE Questions]

''Anticipate possible losses and omit potential profits'', this results in:

AAsymmetrical accounting

BSymmetrical accounting

CPlaying accounting

DBearing accounting

Show Suggested Answer

Suggested Answer: D

by Arlen at May 09, 2024, 08:06 AM

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4 days ago

Bearing accounting? Is that like when you have to bear the burden of the company's financial woes? Yikes, no thanks!

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8 days ago

Hmm, 'playing accounting'? Sounds like a game I can get behind. Where do I sign up?

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15 days ago

I'm pretty sure this is about asymmetrical accounting. The question description seems to fit that option.

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17 days ago

I'm not sure, but I think it might be B) Symmetrical accounting because it balances potential losses and profits.

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21 days ago

I disagree, I believe it is D) Bearing accounting because it involves taking risks.

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22 days ago

I think the answer is A) Asymmetrical accounting.

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