[Q34-Q55] CFE-Financial-Transactions-and-Fraud-Schemes Dumps Free Test Engine Player Verified Updated [Mar 13, 2023]

NO.34 ___________ allows the fraud examiner to inspect key attributes on a smaller portion (or sample) of those documents.

NO.35 According to a survey, in principal perpetrator, males in a majority of cases, accounting for ___ percent of frauds versus ___ percent in which a female was the primary culprit.

NO.36 ____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

NO.37 Which of the following is FALSE concerning methods corporate spies generally use to steal information from other organizations?

NO.38 When expenses used to produce income- all of them- should be matched in a consistent manner against that income, this is referred to:

NO.39 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.

NO.40 __________ inventory and other assets is relatively common way for fraudsters to remove assets from the books before or after they are stolen.

NO.41 All of the following measures would help prevent the theft of company inventory EXCEPT:

NO.42 ______________ can be detected by closely examining the documentation submitted with the cash receipts.

NO.43 Collusion or bid-rigging between bidders is called

NO.44 Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

NO.45 ___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

NO.46 In Fraud scale pressure, opportunity and integrity variables all results in a list of ___ possible red flags or indicators of occupational fraud and abuse.

NO.47 ______________ is required not only for theft, but for procedures to detect errors, avoid waste and insure a proper amount of inventory is maintained.

NO.48 Another way to eliminate competition in the solicitation phase of the selection process is to:

NO.49 Bid-rigging scheme occurs when:

NO.50 Financial statement fraud can BEST be describes as:

NO.51 When an employee processes a fictitious refund of goods, the victim company’s inventory is overstated.

NO.52 A particular back surgery contains two basic components (an incision and muscle repair), but it is supposed to be billed using a single procedure code. Heather performs this back surgery on a patient and submits a claim using three codes: one for the full procedure, one for the incision, and one for muscle repair. Which scheme BEST describes Heather’s actions?

NO.53 Which of the following scenarios is an example of an electronic extortion scheme?

NO.54 Physical assets including _________ and ________ are the most commonly misappropriated noncash asset in our study.

NO.55 One of the simplest ways to justify unacceptable conduct and avoid guilt feelings is to invent a good reason for ________.