SOFE Exam SOFA-CFE Topic 8 Question 101 Discussion

Actual exam question for SOFE's Certified Financial Examiner exam

Question #: 101
Topic #: 8

[All Certified Financial Examiner Questions]

The most common method of misappropriating funds from the payroll is the:

Acrediting wages

Bghost employee payment

Coverpayment of wages

Dfraudulent disbursements

Show Suggested Answer

Suggested Answer: C

by Roslyn at Sep 18, 2024, 12:17 PM

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Eveline

12 days ago

I'm not sure, but I think D) fraudulent disbursements could also be a method used to misappropriate funds.

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Emilio

13 days ago

Overpayment of wages, hands down. That's a classic move, right up there with the 'I accidentally deposited too much' excuse.

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Kathrine

14 days ago

I agree with Kiera, ghost employee payment is a common method of misappropriating funds from the payroll.

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Willow

18 days ago

Hmm, I'd say it's the fraudulent disbursements. Can't go wrong with a classic!

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Mayra

6 days ago

A) crediting wages

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Bobbye

19 days ago

Definitely the ghost employee payment. I've heard some crazy stories about that one!

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Merri

3 days ago

C) overpayment of wages

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Gertude

5 days ago

B) ghost employee payment

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Mary

6 days ago

A) crediting wages

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Kiera

22 days ago

I think the answer is B) ghost employee payment.

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