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ACFE CFE Certification Exam is a rigorous and challenging exam that requires candidates to demonstrate a high level of proficiency in the field of fraud examination. However, passing the exam can lead to a rewarding career as a certified fraud examiner, with opportunities for advancement and higher salaries. The ACFE CFE Certification Exam is a valuable credential for professionals who are interested in pursuing a career in fraud examination, and it is highly respected by employers around the world.
ACFE Certified Fraud Examiner Sample Questions (Q142-Q147):
NEW QUESTION # 142
According to accounting principles, ________ and ________ should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.
- A. Revenue and corresponding expenses
- B. Revenue and Income statement
- C. Income statement and Long-term contracts
- D. Capitalized expenses and Liabilities
Answer: A
NEW QUESTION # 143
Which of the following search is used for unusually high incidence of returns and allowances scheme?
- A. None of the above
- B. Allowances by vendors
- C. Disposals of allowances than reorders
- D. Returns and allowances
Answer: D
NEW QUESTION # 144
When situational pressures and perceived opportunities are low and personal integrity is high, occupational fraud is much more likely to occur than when the opposite is true.
- A. True
- B. False
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 145
What can make it easy for an employee to skim sales or receivables?
- A. Poor collection and recording procedures
- B. Revenue sources and recording procedures
- C. Register manipulations and recording procedures
- D. Internal audits and recording procedures
Answer: A
NEW QUESTION # 146
One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.
- A. True
- B. False
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 147
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