ACFE CFE-Financial-Transactions-and-Fraud-Schemes Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam Practice Test

Page: 1 / 14
Total 186 questions
Question 1

The principle behind full disclosure is:



Answer : A


Question 2

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?



Answer : C


Question 3

_________ normally are carried on an organization's books as expenses because they tend to be consumed by the organization within a year of purchase.



Answer : A


Question 4

According to Hollinger and Clark for Policy development, management must pay attention to:



Answer : C


Question 5

The heart of book keeping system is the ___________.



Answer : C


Question 6

Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.



Answer : A


Question 7

_________ is defined as a person who works for the victim organization and who is primary culprit

See Below Explanation:




Answer : A


Page:    1 / 14   
Total 186 questions