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The CFE credential is highly valued in the fraud examination industry, and is recognized globally as a standard of excellence in the field. Certified Fraud Examiner certification is awarded to individuals who demonstrate expertise in four key areas: fraud prevention and deterrence, financial transactions and fraud schemes, investigation, and law. To be eligible to take the CFE Exam, candidates must have a bachelor's degree or equivalent and two years of professional experience in a related field.
NEW QUESTION # 57
Which of the following must be present for a fraud to exist?
Answer: D
NEW QUESTION # 58
"Anticipate possible losses and omit potential profits", this results in:
Answer: D
NEW QUESTION # 59
Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:
Answer: A
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 60
Which counts sometimes can give rise to inventory theft detection?
Answer: D
Explanation:
Section: Investigation
NEW QUESTION # 61
In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.
Answer: A
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 62
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