Exam CFE Flashcards, Exam Sample CFE Questions

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ACFE Certified Fraud Examiner Sample Questions (Q129-Q134):

NEW QUESTION # 129
How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

Answer: A

Explanation:
Section: Financial Transactions and Fraud Schemes


NEW QUESTION # 130
_____________ involves purposeful misreporting of financial information about the organization that is intended to mislead those who read it.

Answer: C


NEW QUESTION # 131
In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.

Answer: A

Explanation:
Section: Fraud Prevention and Deterrence


NEW QUESTION # 132
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.

Answer: C


NEW QUESTION # 133
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 # 134
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