[Q23-Q42] BraindumpsPass CFE Real Exam Question Answers Updated [Oct 28, 2022]

Q23. Theft of incoming checks usually occurs when ________ is (are) in charge of opening the mail and recording the receipt of payments.

Q24. The behavior profile of employees who are involved in bribery schemes may include:

Q25. Employees steal an incoming payment and then place the incoming funds in an interest bearing account for:

Q26. ________ increase assets and expenses and/or decrease liabilities and/or equity

Q27. According to fraud tree, cash has three following schemes:

Q28. In which phase of competitive bidding process, fraudsters attempt to influence the selection of a contractor by restricting the pool of competitors from whom bids are sought?

Q29. The principle behind full disclosure is:

Q30. ___________ and __________ are used to increase (or decrease) the equity account.

Q31. Which of the following method is NOT used to detect conflicts of interest?

Q32. Every bribe is a two-sided transaction, in which where a vendor bribes a purchaser, there is someone on the vendor’s side of the transaction who is not making an illicit payment.

Q33. According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

Q34. The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

Q35. A tangible asset is one which is:

Q36. Fraudsters use the accounting system as a tool to generate the results they want in ___________ approach:

Q37. The prime targets for skimming schemes which are hard to monitor and predict such as late fees and parking fees, are:

Q38. One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.

Q39. __________ may be defined as the offering, giving, receiving or soliciting anything of value to influence an official act.

Q40. ___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

Q41. Which of the following search is used for unusually high incidence of returns and allowances scheme?

Q42. According to fraud tree, cash has three following schemes: