Free ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Actual Questions

The questions for CFE-Financial-Transactions-and-Fraud-Schemes were last updated On Dec 16, 2024

Question No. 1

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

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Correct Answer: A

Question No. 2

__________ may be defined as the offering, giving, receiving or soliciting anything of value to influence an official act.

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Correct Answer: C

Question No. 3

________ decrease assets and expenses and/or increase liabilities and/or equity

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Correct Answer: C

Question No. 4

According to SAB 104, for the revenue to be typically considered realized or realizable and earned, which of the following criteria is NOT met:

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Correct Answer: C

Question No. 5

In which of the following process, all bidders are legally supposed to be placed on the same plane of equality, bidding on the same terms and conditions?

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Correct Answer: C