Certified Fraud Examiner (CFE) — Question 29

Which of the following is NOT the type of billing scheme?

Answer options

• A. Invoicing via shell companies
• B. Invoicing via non-accomplice companies
• C. Invoicing via accomplice companies
• D. Personal purchases with company funds

Correct answer: C

Explanation

The correct answer is C, as invoicing via accomplice companies is indeed a type of billing scheme. In contrast, the other options either describe legitimate practices or are not typically classified as billing schemes, making them incorrect choices.