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Exam CFE - Financial Transactions and Fraud Schemes All Questions

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Exam CFE - Financial Transactions and Fraud Schemes topic 1 question 55 discussion

Actual exam question from ACFE's CFE - Financial Transactions and Fraud Schemes
Question #: 55
Topic #: 1
[All CFE - Financial Transactions and Fraud Schemes Questions]

Which of the following actions could management take to make a company appear more profitable than it actually is?

  • A. Expensing costs instead of capitalizing them
  • B. Recording warranty liabilities
  • C. Understanding liabilities
  • D. Understating assets
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Suggested Answer: C 🗳️
by GaryLee at Nov. 20, 2024, 8:34 p.m.

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GaryLee
1 week, 6 days ago
C. Understanding liabilities - Wrong word - Understating
upvoted 1 times
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