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CFE Questions Exam - New Exam CFE Braindumps

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ACFE CFE (Certified Fraud Examiner) Exam is a professional certification that is designed to help individuals become experts in the field of fraud examination. Certified Fraud Examiner certification is offered by the Association of Certified Fraud Examiners (ACFE), which is the world's largest anti-fraud organization. The ACFE CFE Exam is a globally recognized certification that validates an individual's expertise in detecting and preventing fraud.

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ACFE Certified Fraud Examiner Sample Questions (Q11-Q16):

NEW QUESTION # 11
The more power a person has over the bidding process, the more likely the person can influence the selection of a supplier.

A. True
B. False

Answer: A

Explanation:
Section: Fraud Prevention and Deterrence

NEW QUESTION # 12
SIMULATION
__________ means that traditional bribery statutes proscribe only payments made to influence the decisions of government agents or employees.

Answer:

Explanation:
Official act

NEW QUESTION # 13
Asset misappropriation schemes were the "middle children" of the study; they were more common than fraudulent statements and more costly than corruption.

A. True
B. False

Answer: B

NEW QUESTION # 14
When expenses used to produce income- all of them- should be matched in a consistent manner against that income, this is referred to:

A. Expense
B. Equity
C. Financial record
D. Accrual basis accounting

Answer: D

NEW QUESTION # 15
A running count that records how much inventory should be on hand is referred to:

A. Perpetual inventory
B. Shrinking inventory
C. Altered inventory
D. Fictitious inventory

Answer: A

NEW QUESTION # 16
......

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