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Exam CFE topic 2 question 58 discussion

Actual exam question from ACFE's CFE
Question #: 58
Topic #: 2
[All CFE Questions]

How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

  • A. One
  • B. At least two
  • C. More than two
  • D. None of above
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Suggested Answer: A 🗳️
by Nishant1 at May 17, 2020, 4:06 p.m.

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MILDEM
3 years, 9 months ago
Also agree with you Nishant. Quoting International Fraud Examiners Manual "fraudulent accounting entries always affect at least two accounts and, therefore, at least two categories on the financial statements."
upvoted 1 times
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NomanAzim
4 years, 6 months ago
Agreed with you Nishant
upvoted 1 times
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Nishant1
4 years, 6 months ago
It should be atleast two
upvoted 3 times
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