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

The questions for CFE-Financial-Transactions-and-Fraud-Schemes were last updated On Nov 3, 2024

Question No. 1

Which of the following is the criterion for bid solicitation?

Show Answer Hide Answer
Correct Answer: B

Question No. 2

The difference between assets and liabilities is called:

Show Answer Hide Answer
Correct Answer: A

Question No. 3

According to a survey, in principal perpetrator, males in a majority of cases, accounting for ___ percent of frauds versus ___ percent in which a female was the primary culprit.

Show Answer Hide Answer
Correct Answer: B

Question No. 4

When employee committing the fraud removes cash from the register and also the item allegedly being returned is debited back into the inventory, this refers to:

Show Answer Hide Answer
Correct Answer: D

Question No. 5

Depreciation is especially applicable when companies try to overvalue their assets and net worth; the lower their depreciation expense, the higher the company's profits.

Show Answer Hide Answer
Correct Answer: A