Get CFE Braindumps & CFE Real Exam Questions [Q77-Q101]

NEW QUESTION 77
The amount of cash on hand in a register may be compared to the amount showing in the register tape in order to detect _______.

NEW QUESTION 78
The behavior profile of employees who are involved in bribery schemes may include:

NEW QUESTION 79
Revenue is recognized when it is:

NEW QUESTION 80
The principal way to detect omitted credits from books of account is through:

NEW QUESTION 81
Which of the following search is used for unusually high incidence of returns and allowances scheme?

NEW QUESTION 82
Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

NEW QUESTION 83
Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

NEW QUESTION 84
Inventory shrinkage is the unaccounted-for reduction in the company’s inventory that does not results from theft.

NEW QUESTION 85
People commit financial statement fraud to:

NEW QUESTION 86
Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

NEW QUESTION 87
____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

NEW QUESTION 88
__________ may be defined as the offering, giving, receiving or soliciting anything of value to influence an official act.

NEW QUESTION 89
In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.

NEW QUESTION 90
A shell company scheme in which actual goods or services are sold to the victim company is known as:

NEW QUESTION 91
Larceny by Fraud or deception means that:

NEW QUESTION 92
Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

NEW QUESTION 93
Revenue is recognized when it is:

NEW QUESTION 94
A journal in which all sales made on credit or cash are listed is:

NEW QUESTION 95
__________ inventory and other assets is relatively common way for fraudsters to remove assets from the books before or after they are stolen.

NEW QUESTION 96
Conflict of interest cases are more easily prevented than detected.

NEW QUESTION 97
By what accountant means that the financial figures presented by the company are at least as much as reflected in the statements, if not more.

NEW QUESTION 98
In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.

NEW QUESTION 99
Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:

NEW QUESTION 100
Employees with the authority to grant discounts in order to skim revenues may use which authority?

NEW QUESTION 101
In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.