What type of symptoms are characterized by increased prices and larger order quantities?

Prepare for the ACFE Certified Fraud Examiner Exam. Access flashcards and multiple-choice questions, each with hints and explanations, to ace your exam! Get started today.

The correct answer focuses on analytical symptoms, which relate to measurable data trends that can indicate potential fraudulent behavior or irregularities within a business. Increased prices and larger order quantities can raise red flags and signal that something may be off in the purchasing process or inventory management. Analytical symptoms are often based on the examination of financial metrics and operational data, making them critical for identifying anomalies that warrant further investigation.

Behavioral symptoms pertain more to individual actions and emotional responses, such as changes in an employee's demeanor or attitude, and are not directly tied to price or order quantities. Lifestyle symptoms reflect changes in an individual's lifestyle that may indicate financial distress or unexplained wealth, but they do not explicitly connect to market transactions. Control symptoms examine the effectiveness and adequacy of controls in place to prevent fraud, but they do not focus on observable data trends like pricing and ordering behaviors.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy