ACFE Exam CFE Topic 1 Question 57 Discussion

Actual exam question for ACFE's CFE exam

Question #: 57
Topic #: 1

[All CFE Questions]

Most of the shell company schemes involve the purchase of goods rather than services.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Leatha at Jul 04, 2024, 04:57 AM

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Freeman

5 months ago

What, no option for 'Both A and B'? Clearly the people who wrote this exam are part of the shell company conspiracy!

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Jackie

4 months ago

B) False

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Billy

4 months ago

A) True

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Mona

5 months ago

False, I've seen plenty of shell company schemes involving services as well. This question oversimplifies the issue.

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Mable

4 months ago

B) False

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Ryann

4 months ago

False, I've seen plenty of shell company schemes involving services as well. This question oversimplifies the issue.

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Quentin

4 months ago

B) False

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Marylyn

5 months ago

A) True

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Lenna

5 months ago

True, shell companies are often used to disguise the purchase of physical goods rather than services.

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Rosenda

4 months ago

That's correct, shell companies are commonly used to hide the purchase of goods.

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Norah

5 months ago

A) True

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Kris

5 months ago

That's a good point, services can definitely be used in shell company schemes too.

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Arlette

5 months ago

I disagree, I think it's false. Services can also be used to cover up illegal activities.

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Cecily

6 months ago

I believe it's true. Goods are easier to fake invoices for.

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Kris

6 months ago

Do you think most shell company schemes involve the purchase of goods?

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