FREE PDF CFE RELIABLE MOCK TEST - HOW TO STUDY & WELL PREPARE FOR ACFE CFE EXAM

Free PDF CFE Reliable Mock Test - How to Study & Well Prepare for ACFE CFE Exam

Free PDF CFE Reliable Mock Test - How to Study & Well Prepare for ACFE CFE Exam

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Tags: CFE Reliable Mock Test, CFE PDF VCE, Exam CFE Experience, CFE Study Test, New CFE Test Cost

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Patriotic reasons

As a Kenyan patriot, it is your responsibility to equip yourself with CFE skills so that you can play a role in President Uhuru's Big 4 program. As a CFE, you can play a role in ensuring that the misappropriation of public and private resources is reduced. The Big 4 builds on reports from investigative and judicial agencies such as the Office of the Director of Public Prosecutors (ODPP), the Office of the Director of Criminal Investigations (DCI), the Office of the Ethics and Anti-Corruption Commission (OEACC), among the others

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CFE PDF VCE & Exam CFE Experience

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ACFE Certified Fraud Examiner Sample Questions (Q46-Q51):

NEW QUESTION # 46
False billing scheme states that:

  • A. employees do not cause their company to sale merchandise that the company does not need.
  • B. employees do not cause their company to purchase merchandise that the company does not need.
  • C. employees cause their company to purchase merchandise that the company does not need
  • D. employees cause their company to sale merchandise that the company does not need.

Answer: C

Explanation:
Section: Financial Transactions and Fraud Schemes
Explanation


NEW QUESTION # 47
copyright are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:

  • A. Account analysis
  • B. Check disbursement controls
  • C. Check tampering
  • D. Bank reconciliation

Answer: B


NEW QUESTION # 48
Occupational fraud and abuse is a (an) __________ of doing business, in much the same way that we pay expenses for electricity, taxes and wages.

  • A. Financial record
  • B. Equity
  • C. Expense
  • D. Balance sheet

Answer: C


NEW QUESTION # 49
By removing a tangible asset from the business (a debit), the books will be ___________ by the exact amount of the tangible asset misappropriated.

  • A. Journal Entries
  • B. False debits
  • C. Out-of-balance
  • D. None of all

Answer: C

Explanation:
Section: Financial Transactions and Fraud Schemes


NEW QUESTION # 50
The most basic skimming scheme occurs when:

  • A. An employee buy goods or services from a stakeholder, drop the stakeholder's payment and makes record of the purchase too.
  • B. An employee sells goods or services to a customer, collects the customer's payment, but makes no record of the sale.
  • C. An employee buy goods or services from a customer, drop the customer's payment, but makes no record of the purchase.
  • D. An employee sells goods or services to a stakeholder, collects the stakeholder's payment and makes record of the sale too.

Answer: B


NEW QUESTION # 51
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