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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 13 discussion

Actual exam question from ACFE's CFE - Financial Transactions and Fraud Schemes
Question #: 13
Topic #: 1
[All CFE - Financial Transactions and Fraud Schemes Questions]

Which of the following is the MOST LIKELY result of a financial statement fraud scheme?

  • A. Understated assets
  • B. Overstated liabilities
  • C. Overstated revenues
  • D. Understated equity
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Suggested Answer: B 🗳️
by 5a97e10 at Nov. 29, 2024, 10:36 p.m.

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5a97e10
4 days, 9 hours ago
Selected Answer: C
C is the answer
upvoted 1 times
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