CFE-Financial-Transactions-and-Fraud-Schemes Dumps

CFE-Financial-Transactions-and-Fraud-Schemes Free Practice Test

ACFE CFE-Financial-Transactions-and-Fraud-Schemes: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam

QUESTION 6

The excess credits (or debits) on the income statement are used to decrease (or increase) the equity account.

Correct Answer: B

QUESTION 7

Skimming is:

Correct Answer: A

QUESTION 8

Another way to eliminate competition in the solicitation phase of the selection process is to:

Correct Answer: A

QUESTION 9

Physical assets including ______ and ______ are the most commonly misappropriated noncash asset in our study.

Correct Answer: B

QUESTION 10

If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

Correct Answer: A