최신 CFE-Financial-Transactions-and-Fraud-Schemes 무료덤프 - ACFE Certified Fraud Examiner

문제1

Which of the following is TRUE regarding financial reporting practices and accounting frameworks, such as
U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS)?

A. Management determines which accounting framework an organization will adhere to for financial reporting.

B. Publicly traded companies must adhere to the specific financial reporting practices in their jurisdiction.

C. Both U.S. GAAP and IFRS are considered to be principle-based accounting frameworks.

D. All organizations must use IFRS as their accounting framework if they conduct business internationally.

정답: B

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문제2

Neil, a Certified Fraud Examiner (CFE), discovers that a borrower used the same property as a security, or guarantee, to obtain multiple loans from different financial institutions before they were recorded on his credit report. Which type of loan fraud BEST describes the scheme Neil uncovered?

A. Reciprocal loan arrangements

B. Single-family housing loan fraud

C. Double-pledging collateral

D. Linked financing

정답: C

문제3

Which of the following is NOT a common channel through which an organization's proprietary information is compromised?

A. Company newsletters and contributions to industry publications

B. Mail delivered through a post office box

C. Information displayed at an employee's workstation

D. Staff biographies on company websites

정답: A

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문제4

All of the following measures would help prevent the theft of company inventory EXCEPT:

A. Having different people responsible for receiving inventory and shipping it

B. Restricting inventory access to authorized personnel only

C. Having the purchasing supervisor perform the physical inventory count

D. Using prenumbered inventory receiving reports

정답: D

문제5

Which of the following statements describes a best practice for preventing contract and procurement fraud?

A. Companies should have vendor-monitoring procedures that are based on the red flags of the vendor schemes that pose the greatest risk.

B. Companies should restrict the monitoring of their procurement activities to once a year to ensure comparability over time.

C. Companies should not conduct background checks on vendors until after they are added to the vendor master file.

D. Companies should permit the person who maintains the vendor master file to have the authority to approve invoices for payment.

정답: A

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문제6

All of the following methods would be helpful in detecting a skimming scheme EXCEPT:

A. Examining journal entries for accounts receivable write-offs

B. Comparing register totals to the cash count

C. Confirming customers' outstanding account balances

D. Counting the physical inventory

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제7

Which of the following ratios can be used to assess a company's ability to meet sudden cash requirements?

A. Receivable turnover ratio

B. Debt-to-equity ratio

C. Asset turnover ratio

D. Quick ratio

정답: C

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문제8

When an employee processes a fictitious refund of goods, the victim company's inventory is overstated.

A. True

B. False

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제9

Sergio receives a fraudulent text message that appears to be from his bank. The message claims that there has been suspicious activity on his account and provides a link for him to click on to sign into the bank's website and obtain more information. Sergio is MOST LIKELY being targeted by which of the following types of social engineering schemes?

A. Vishing

B. Pharming

C. Catfishing

D. SMiShing

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제10

Which of the following is a recommended activity that organizations should engage in to protect their proprietary information from threats?

A. Strong devices containing sensitive data in specially constructed quiet rooms

B. Prohibiting all nonemployees from entering the organization's premises

C. Practicing data maximization to limit the information available during a data breach

D. Enlisting a company task force to identify areas most at risk for theft by a competitor

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

최신 CFE-Financial-Transactions-and-Fraud-Schemes 무료덤프 - ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes

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