ACFE CFE Exam Practice Test Instant Access

Question 1

In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.

ASale requisition

BPurchase requisition

CVoucher handling

DCash generating

Answer : D

Question 2

Which of the following is NOT the type of billing scheme?

AInvoicing via shell companies

BInvoicing via non-accomplice companies

CInvoicing via accomplice companies

DPersonal purchases with company funds

Answer : C

Question 3

The most common method for billing scheme is:

ARegister

BTips

CAccident

DNone of the above

Answer : B

Question 4

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

ABogus claims

BBilling scheme

CReliance billing

DMisappropriate claims

Answer : A

Question 5

Maintain the presence of a manager or supervisor near the area of the cash register as a deterrent to theft is a prevention for:

AFraudulent statement scheme

BAsset misappropriation scheme

CLarceny scheme

DRegister disbursement scheme

Answer : D

Question 6

In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.

ASale requisition

BPurchase requisition

CVoucher handling

DCash generating

Answer : D

Question 7

Which of the following is NOT the type of billing scheme?

AInvoicing via shell companies

BInvoicing via non-accomplice companies

CInvoicing via accomplice companies

DPersonal purchases with company funds

Answer : C

ACFE Certified Fraud examiner Exam Practice Test

Question 1

Question 2

Question 3

Question 4

Question 5

Question 6

Question 7