Online Access Free ACFE.CFE.v2022-03-11.q170 Practice Test (Page 8)

CFE Exam Question 31

Which of the following is the criterion for bid solicitation?

A.Containing false statements

B.Allowing the purchaser to discuss possible employment with the contractor

C.To withdraw low bids

D.To falsify the bid log

CFE Exam Question 32

The seller's price to the buyer is not fixed or determinable when:

A.The transaction includes an option to exchange the product for others.

B.When the price is not contingent on some future events

C.Payment terms are not extended for a substantial period.

D.A service or membership fee is not subject predictable cancellation during the contract period.

CFE Exam Question 33

In Fraud scale pressure, opportunity and integrity variables all results in a list of ___ possible red flags or indicators of occupational fraud and abuse.

A.81

B.82

C.83

D.84

CFE Exam Question 34

A voucher is:

A.a file that includes the purchase order that was send to the vendor, the vendor invoice listing the cost and quantity of items purchased, and the internal receiving reports that verify the purchased items have been delivered.

B.a mammogram that includes the purchase order that was send to the purchaser, the purchaser invoice listing the benefits and quantity of items purchased, and the internal receiving reports that verify the purchased items have been sold.

C.a report that includes the purchase order that was send to the vendor, the vendor invoice listing the quality and quantity of items purchased, and the external receiving reports that verify the items have been sold.

D.a figure that includes the sale order that was send to the dealer, the vendor invoice listing the cost and quantity of items sold, and the internal receiving reports that verify the purchased items have been delivered.

CFE Exam Question 35

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

A.Organized accounting

B.Playing the accounting

C.All of the above

D.beating accounting

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