ACFE CFE Flexible Testing Engine & CFE Top Questions

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ACFE Certified Fraud Examiner Sample Questions (Q61-Q66):

NEW QUESTION # 61
Employees steal an incoming payment and then place the incoming funds in an interest bearing account for:

A. All of the above
B. Short-term skimming
C. Concealing the fraud
D. Converting stolen checks

Answer: B

Explanation:
Section: Financial Transactions and Fraud Schemes

NEW QUESTION # 62
A __________ is a day-by-day, or chronological, record of transactions

A. Ledger
B. Checkbook
C. Asset
D. Journal

Answer: D

NEW QUESTION # 63
How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

A. More than two
B. At least two
C. One
D. None of above

Answer: C

NEW QUESTION # 64
Which of the following is the criterion for bid solicitation?

A. To falsify the bid log
B. Allowing the purchaser to discuss possible employment with the contractor
C. Containing false statements
D. To withdraw low bids

Answer: B

Explanation:
Section: Fraud Prevention and Deterrence
Explanation

NEW QUESTION # 65
Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?

A. Net realizable value
B. Fair value
C. Going concern
D. Cost

Answer: A

Explanation:
Section: Financial Transactions and Fraud Schemes
Explanation

NEW QUESTION # 66
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ACFE CFE Flexible Testing Engine & CFE Top Questions

How TestSimulate CFE Practice Questions Can Help You Pass the Exam

ACFE Certified Fraud Examiner Sample Questions (Q61-Q66):

Pass Guaranteed 2025 ACFE CFE –The Best Flexible Testing Engine

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