Free ACFE-CFE Exam Dumps Preview

A fabricated name and the post office box that an employee uses to collect disbursements from false billings is called:

Forced reconciliation of the account says:

Which check tampering red flag may indicate employees have embezzled cash and charged the embezzlement to expense accounts?

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

______________ can be detected by closely examining the documentation submitted with the cash receipts.

Maintain the presence of a manager or supervisor near the area of the cash register as a deterrent to theft is a prevention for:

When employees avoid detection in a refund scheme to keep the sizes of the disbursement low, is referred to:

When employees avoid detection in a refund scheme to keep the sizes of the disbursement low, is referred to:

According to accounting principles, ________ and ________ should be recorded or atched in the same
accounting period; failing to do so violates the matching principle of AAP.

Which of the following offender types in which people who take the money and run away?

A voucher is:

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

___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

CORRECT TEXT

______________ is required not only for theft, but for procedures to detect errors, avoid waste and insure a proper amount of inventory is maintained.

In physical tampering prevention technique, hidden images can be seen only when the check is held at an angle through:

Physical assets including _________ and ________ are the most commonly misappropriated noncash asset in our study.

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

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

The price of an asset on which the asset is selling at on the open market in a transaction between a willing buyer and a wiling seller is called:

Physical tampering prevention is a check tampering technique that is used to secure bank assisted controls.

Which of the following is the criterion for bid solicitation?

Which of the following can constitute a bribe, even if the illicit payment is never actually made?

According to Hollinger and Clark for Policy development, management must pay attention to:

______________ can be detected by closely examining the documentation submitted with the cash receipts.

Another way to eliminate competition in the solicitation phase of the selection process is to:

The essential elements of a ________ are an actual or constructive taking away of the goods or property of another with the without the consent and against the will of the owner and with a felonious intent.

Which are check tempering frauds in which an employee prepares a fraudulent check and submits it usually along with legitimate checks to an authorized maker who signs it without a proper review?

Occupational fraud and abuse is a (an) __________ of doing business, in much the same way that we pay expenses for electricity, taxes and wages.