CFE DUMPS COLLECTION, CFE PASS EXAM

CFE Dumps Collection, CFE Pass Exam

CFE Dumps Collection, CFE Pass Exam

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Tags: CFE Dumps Collection, CFE Pass Exam, Exam Dumps CFE Collection, CFE Exam Test, CFE Download Fee

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CFE Pass Exam, Exam Dumps CFE Collection

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ACFE Certified Fraud Examiner Sample Questions (Q125-Q130):

NEW QUESTION # 125
_________ assumes the business will go on indefinitely in the future.

  • A. Going concern
  • B. Fair value
  • C. Cost
  • D. Materiality

Answer: A

Explanation:
Section: Financial Transactions and Fraud Schemes


NEW QUESTION # 126
Another way to eliminate competition in the solicitation phase of the selection process is to:

  • A. Solicit bid from fictitious suppliers
  • B. Solicit transaction from fictitious vendors
  • C. None of the above
  • D. Solicit bid-splitting from fictitious vendors

Answer: A


NEW QUESTION # 127
Which of the following method is NOT used to detect conflicts of interest?

  • A. Interviews with purchasing personnel
  • B. Tips & Complaints
  • C. Underbillings of assets
  • D. Review of vendor ownership files

Answer: C


NEW QUESTION # 128
Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?

  • A. Going concern
  • B. Fair value
  • C. Net realizable value
  • D. Cost

Answer: C

Explanation:
Section: Financial Transactions and Fraud Schemes
Explanation


NEW QUESTION # 129
The person or persons who have access to __________ are often the targets of unethical vendors seeking an advantage in the process.

  • A. Tailor specifications
  • B. Sealed bids
  • C. Bid-splitting
  • D. General purchasing

Answer: B


NEW QUESTION # 130
......

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CFE Actual Lab Questions: Certified Fraud Examiner & CFE Study Guide

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