Free ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Dumps Questions & Answers

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

• A.Recorded sales
• B.Internal audits
• C.Employee theft
• D.Occupational frauds

Skimming is:

• A.The removal of cash from a victim entity prior to its entry in an accounting system.
• B.The removal of cash from a victim entity after its entry in an accounting system.
• C.None of above
• D.The addition of cash from a victim entity prior to its entry in an accounting system.

Which of the following measures would be MOST EFFECTIVE in helping a company detect electronic payment tampering fraud?

• A.Ask all vendors if they have received any duplicate payments.
• B.Investigate customer complaints about any payments that were applied to their account later than they expected.
• C.Review any non-payroll payments made to employees.
• D.Complete bank reconciliations once a quarter to catch any anomalies in payment amounts and payees.

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

• A.Gambling habit
• B.Drug and/or alcohol addiction
• C.Extravagant lifestyle
• D.All of the above

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.

• A.True
• B.False