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CFE Exam - Financial and Fraud Schemes Questions With Correct Solutions, Already Passed!!

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Illegal gratuity - Items to reward a decision after the recipient made the decision. Like a bribe Extortion - getting money by threats Economic extortion - When employee demands money through threats Kickbacks - Improper undisclosed payments made to obtain favorable treatment Three ways to prove...

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Certified Fraud Examiner Exam Questions & Answers Already Passed!!

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Boiler Room - An outbound call center; sells questionable investments. Extortion - Acquiring through force or fear. Current Ratio - Current assets divided by current liabilities; Embezzlement decreases ratio; Liability concealment increases ratio. Scooter Scam - Billing for low quality/unnecessa...

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CFE Exam - Fraud Deterrence Questions And Answers With Complete Updates

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BOD committees required for companies listed on NYSE - (Think NCA - nominating, compensation, audit) 1. Nominating/corp gov committee. 2. Compensation committee 3. Audit Committee T/F: NASDAQ companies require the same corporate governance rules as NYSE - False. They require audit committee an...

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US Government CFE Study Guide Questions With Correct Solutions, Already Passed!!

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Separation of Powers - The constitutional division of powers among the legislative, executive, and judicial branches, with the legislative branch making law, the executive applying and enforcing the law, and the judiciary interpreting the law Checks and Balances - A system that allows each branch...

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CFE Exam - Fraud Prevention and Deterrence Questions And Answers Rated A+

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What did BF Skinner say is the least effective method of changing behavior? - Answer-Punishment because The behavior continues as soon as the punishment is discontinued How is behavior most effectively modified? - Answer-Managing and modifying desires through reinforcement (replacing destructive ...

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CFE-Financial Transactions and Fraud Schemes Questions And Answers With Verified Solutions

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Which of the following is a typical method used to make corrupt payments in bribery and corruption schemes? - Answer-Payment of credit card bills, gifts, travel, entertainment, checks, and other financial interests. Laura, the sales manager of Sam Corp., is afraid sales revenue for the period is ...

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CFE- Investigation Questions And Answers

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System log - Answer-System logs record events executed on an operating system, including miscellaneous events and those generated during system startup, like hardware and controller failures. Common types of system events include starting up and shutting down, configuration updates, and system cr...

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Certified Fraud Examiner (CFE) set 1 from ACFE Questions & Answers Already Passed!!

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According to The Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing, due professional care implies infallibility. A. True B. False - Answer-False Which of the following is TRUE regarding organizational structure? A. Companies with departm...

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CFE Exam- Investigations Questions And Answers Rated A+

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Which of the following are query words or symbols used in search engine queries to instruct search engines to perform special actions when executing a search? A. Limiting factors B. Expansion numerals C. Boolean operators D. Search fields - Answer-C. Boolean operators Boolean operators (or adv...

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