Pass the ACFE Certified Fraud Examiner CFE Questions and answers with CertsForce

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Viewing questions 51-60 out of questions
Questions # 51:

Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

Options:

A.

Check disbursement


B.

Bank confirmation


C.

Bank confirmation


D.

Cut-off statements


Questions # 52:

Which of the following is NOT the reason to bribe employees of the purchaser?

Options:

A.

To ensure receipt of a late bid


B.

To extend the bid opening date


C.

To ensure bid-splitting


D.

To falsify the bid log


Questions # 53:

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

Options:

A.

Invoicing via shell companies


B.

Invoicing via non-accomplice companies


C.

Invoicing via accomplice companies


D.

Personal purchases with company funds


Questions # 54:

A shell company scheme in which actual goods or services are sold to the victim company is known as:

Options:

A.

Maintenance scheme


B.

Allocation scheme


C.

Distribution scheme


D.

Pass-through scheme


Questions # 55:

________ increase assets and expenses and/or decrease liabilities and/or equity

Options:

A.

Journal Entries


B.

Debit


C.

Credit


D.

None of all


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