Question

Which of the following is not one of the ACFE's types of fraudulent disbursement?

A. Check-tampering schemes
B. Skimming disbursement schemes
C. Expense schemes
D. Register disbursement schemes

Answer 1

The correct answer is D. Register disbursement schemes.

Step-by-step explanation:

The correct answer is D. Register disbursement schemes. Register disbursement schemes are not one of the types of fraudulent disbursement recognized by the Association of Certified Fraud Examiners (ACFE). Let's briefly discuss the other types of fraudulent disbursement:

1. Check-tampering schemes involve altering or forging checks to divert funds for personal use or to a third party.
2. Skimming disbursement schemes occur when funds are stolen before they are recorded in an organization's accounting system.
3. Expense schemes involve manipulating expense reimbursements or creating false expenses for personal gain.

It's important to be familiar with these types of fraudulent disbursement to help prevent and detect fraud.