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

The questions for CFE-Financial-Transactions-and-Fraud-Schemes were last updated On Jan 17, 2025

Question No. 1

Organizations that had external audits actually had higher median losses and longer lasting fraud schemes than those organizations that were not audited.

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Correct Answer: A

Question No. 2

''Anticipate possible losses and omit potential profits'', this results in:

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Correct Answer: A

Question No. 3

Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

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Correct Answer: C

Question No. 4

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?

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Correct Answer: A

Question No. 5

Employees with the authority to grant discounts in order to skim revenues may use which authority?

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Correct Answer: A