[Apr 04, 2022] Ultimate CFE Guide to Prepare Free Latest ACFE Practice Tests Dumps [Q83-Q103]

NEW QUESTION 83
The principle behind full disclosure is:

NEW QUESTION 84
When employees committing the fraud removes cash from the register and also the item allegedly being returned is debited back into the inventory, this refers to:

NEW QUESTION 85
_________ assumes the business will go on indefinitely in the future.

NEW QUESTION 86
Every bribe is a two-sided transaction, in which where a vendor bribes a purchaser, there is someone on the vendor’s side of the transaction who is not making an illicit payment.

NEW QUESTION 87
According to fraud tree, cash has three following schemes:

NEW QUESTION 88
A fabricated name and the post office box that an employee uses to collect disbursements from false billings is called:

NEW QUESTION 89
What is sometimes used to overcome well-designed internal controls of a victim company?

NEW QUESTION 90
Collusion or bid-rigging between bidders is called

NEW QUESTION 91
________ decrease assets and expenses and/or increase liabilities and/or equity

NEW QUESTION 92
A voucher is:

NEW QUESTION 93
In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.

NEW QUESTION 94
When expenses used to produce income- all of them- should be matched in a consistent manner against that income, this is referred to:

NEW QUESTION 95
What is sometimes used to overcome well-designed internal controls of a victim company?

NEW QUESTION 96
______________ can be detected by closely examining the documentation submitted with the cash receipts.

NEW QUESTION 97
Which of the following is the criterion for bid solicitation?

NEW QUESTION 98
_________ normally are carried on an organization’s books as expenses because they tend to be consumed by the organization within a year of purchase.

NEW QUESTION 99
Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

NEW QUESTION 100
Every bribe is a two-sided transaction, in which where a vendor bribes a purchaser, there is someone on the vendor’s side of the transaction who is not making an illicit payment.

NEW QUESTION 101
Which of the following factors is NOT included in most financial statement schemes?

NEW QUESTION 102
Fraudsters use the accounting system as a tool to generate the results they want in ___________ approach:

NEW QUESTION 103
Which of the following is NOT the example of bribery prevention policies?