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ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam CFE-Financial-Transactions-and-Fraud-Schemes Question # 10 Topic 2 Discussion

ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam CFE-Financial-Transactions-and-Fraud-Schemes Question # 10 Topic 2 Discussion

CFE-Financial-Transactions-and-Fraud-Schemes Exam Topic 2 Question 10 Discussion:
Question #: 10
Topic #: 2

Forced reconciliation of the account says:


A.

To conceal shrinkage is to alter inventory record so that it matches the physical inventory count.


B.

To conceal inventory is to alter shrinkage record so that it matches the physical inventory count.


C.

To conceal shrinkage is to change the perpetual inventory record so that it matches the physical inventory count.


D.

To conceal write-offs is to change the perpetual inventory record so that it matches the physical inventory count.


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