Get Ready with CFE Exam Dumps (2023) [Q51-Q69]

NO.51 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?

NO.52 When an incorrect total is carried from the journal to the ledger or from ledger to the financial statements, this method is called:

NO.53 Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

NO.54 Forced reconciliation of the account says:

NO.55 Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

NO.56 Which of the following is NOT the phase of the bidding process?

NO.57 Skimming cases can more likely to be detected by:

NO.58 Which of the four basic measures, if properly installed and implemented may help prevent inventory fraud?

NO.59 Which of the following is NOT the example of bribery prevention policies?

NO.60 Skimming is:

NO.61 Conflict of interest cases are more easily prevented than detected.

NO.62 Which of the following search is used for unusually high incidence of returns and allowances scheme?

NO.63 Occupational fraud and abuse is a (an) __________ of doing business, in much the same way that we pay expenses for electricity, taxes and wages.

NO.64 Which of the following can constitute a bribe, even if the illicit payment is never actually made?

NO.65 Depreciation is especially applicable when companies try to overvalue their assets and net worth; the lower their depreciation expense, the higher the company’s profits.

NO.66 Which counts sometimes can give rise to inventory theft detection?

NO.67 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.

NO.68 According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

NO.69 A technique by which checks are numbered using a new technique that is revealed by a colored highlighter pen or by a bright light held behind the check is called: