Free CFE-Financial-Transactions-and-Fraud-Schemes Practice Exam Questions Online

Why ACFE CFE-Financial-Transactions-and-Fraud-Schemes Practice Exam Questions?

Ready to level up your ACFE CFE-Financial-Transactions-and-Fraud-Schemes exam study? Just TheExamsLab CFE-Financial-Transactions-and-Fraud-Schemes practice tests free.

CFE-Financial-Transactions-and-Fraud-Schemes exam questions are expertly crafted practice tests designed to simulate the real ACFE certification exam environment and help you assess your knowledge and figure out where you are lacking. From our free Certified Fraud Examiner - Financial Transactions and Fraud Schemes CFE-Financial-Transactions-and-Fraud-Schemes practice exam, you will feel secure in passing any question type or time limit. TheExamsLab offers the CFE-Financial-Transactions-and-Fraud-Schemes exam questions 2024. Don’t settle or do it half-heartedly get the best and invest in the best what you want is what you get.

Page: 1 / 38

Total 190 Questions | Updated On: Nov 20, 2024

Add To Cart

Question 1

The seller's price to the buyer is not fixed or determinable when:

A : When the price is not contingent on some future events

B : The transaction includes an option to exchange the product for others

C : A service or membership fee is not subject predictable cancellation during the contract period.

D : Payment terms are not extended for a substantial period.

Answer: B

Question 2

Which of the following is NOT the reason why senior management will overstate business statement?

A : Comply with debit covenants

B : Meet personal performance criteria

C : Trigger performance related compensation

D : Show a pattern of growth to support sale of a business

Answer: A

Question 3

Asset misappropriations have an effect on the liabilities and do also have an indirect effect on the equity account.

A : True

B : False

Answer: B

Question 4

Which of the following is NOT the reason to bribe employees of the purchaser?

A : To ensure receipt of a late bid

B : To extend the bid opening date

C : To ensure bid-splitting

D : To falsify the bid log

Answer: C

Question 5

Bid-rigging scheme occurs when:

A : an employee fraudulently assists a vendor in winning a contract through the competitive bidding process.

B : an employee does not assist a vendor in winning a contract through the competitive bidding process.

C : an employee once assists a vendor in winning a contract through a single competitive bidding process.

Answer: A

Page: 1 / 38

Total 190 Questions | Updated On: Nov 20, 2024

Add To Cart