Prepare CFE Question Answers Free Update With 100% Exam Passing Guarantee [Q95-Q118]

NO.95 If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

NO.96 Skimming is:

NO.97 The heart of book keeping system is the ___________.

NO.98 Undisclosed payments made by vendors to employees of purchasing companies are referred to as:

NO.99 Delivery has not occurred or services have not been rendered when:

NO.100 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.101 Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.

NO.102 A running count that records how much inventory should be on hand is referred to:

NO.103 Which of the following search is used for unusually high incidence of returns and allowances scheme?

NO.104 When a victim company purchases unnecessary goods or services from a supplier at the direction of the corrupt employee, this results in:

NO.105 Which of the four basic measures, if properly installed and implemented may help prevent inventory fraud?

NO.106 ____________ is a summary of the account balances carried in a ledger.

NO.107 A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:

NO.108 According to Hollinger and Clark for Policy development, management must pay attention to:

NO.109 The heart of book keeping system is the ___________.

NO.110 Which of the following is NOT the reason to bribe employees of the purchaser?

NO.111 Which of the following are not of Basic types of non-sharable problems?

NO.112 Which of the following are used in a short-term skimming scheme?

NO.113 __________ may be defined as the offering, giving, receiving or soliciting anything of value to influence an official act.

NO.114 Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

NO.115 Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

NO.116 Perceived certainty of detection is directly related to employee theft for respondents in all industry sectors, that is the stronger the perception that theft would be detected, the more the likelihood that the employee would engage in deviant behavior.

NO.117 ____________ is a process by which a bookkeeper records all transactions and can adjust the books.

NO.118 A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.