Certified Fraud Examiner (CFE) — Question 9

The principal way to detect omitted credits from books of account is through:

Answer options

• A. Forced Balance
• B. Trend analysis
• C. Expense account
• D. None of all

Correct answer: B

Explanation

Trend analysis is effective for spotting discrepancies such as omitted credits, as it examines patterns over time. Forced Balance is not a detection method, and an Expense account does not specifically address missing credits. 'None of all' does not apply since trend analysis is indeed a valid method.