ACFE CFE-Fraud-Schemes-and-Financial-Crimes Question Answer
Black, an accounts receivable clerk, stole Customer A's monthly payment instead of posting it to A's account. When Customer B's payment arrives a few days later, Black applies the payment to Customer A's account. When Customer C's payment arrives a few days after that, Black applies it to Customer B's account. Black's method of crediting one account with money taken from another account is known as:
ACFE CFE-Fraud-Schemes-and-Financial-Crimes Summary
- Vendor: ACFE
- Product: CFE-Fraud-Schemes-and-Financial-Crimes
- Update on: Aug 9, 2026
- Questions: 352
