ACFE CFE-Financial-Transactions-and-Fraud-Schemes Q&A - in .pdf

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NEW QUESTION: 1
In Warehouse Management stock overview what do we mean by "Available Stock"? (Choose two)
A. The material which has "Not being moved in the warehouse"
B. The material which are "Available" in the context of the availability check
C. The material which are for "Unrestricted-use" in the sense of Inventory Management stock overview
D. "Can be removed from the stock" as long as the storage bin has not been blocked
Answer: A,D

NEW QUESTION: 2
The high cost of short-term financing has recently caused an entity to reevaluate the terms of credit it extends to its customers. The current policy is 1/10, net 60. If customers can borrow at the prime rate, at what prime rate must the entity change its terms of credit in order to avoid an undesirable extension in its collection of receivables?
A. 2%
B. 8%
C. 7%
D. 5%
Answer: B
Explanation:
Terms of 1/10, net 60 mean that a buyer can save 1% of the purchase price by paying 50 days early. In essence, not taking the discount results in the buyer's borrowing 99% of the in price for 50 days at a total interest charge of 1% of the invoice price. Because a year has 7.3 50-day per periods 365 50), the credit terms 1/10, net 60 yield an effective annualized interest charge of approximately 7.371 [(I% 99%) 7.3]. If the prime rate were higher than 7.37%, the buyer would prefer to borrow from the vendor i.e., not pay within the discount period) rather than from a bank. Consequently, an 8% prime rate could cause the vendor's receivables to increase. An entity sells 10,000 skateboards a year at US $66 each. All sales are on credit, with terms of 3/10. net 30, which means three percent discount if percent it is made within 10 days; otherwise full payment is due at the end of 30 days. One half of the customers are expected to take advantage of the discount and pay on day 10. The other half are expected to pay on day 30. Sales are ,, ict id to be uniform throughout the year for both types of customers.

NEW QUESTION: 3
A customer has completed the installation of an 802.11ac greenfield deployment at their corporate headquarters. They would like to leverage 802.11ac enhanced speeds on the trusted employee WLAN. In order to configure the employee WLAN, what Layer 2 security policies are valid?
A. WEP
B. WPA(AES)
C. OPEN
D. WPA2 (TKIP)
Answer: C

NEW QUESTION: 4
Your network contains an Active Directory domain named contoso.com. The domain contains a server named Server3 that runs Windows Server 2012 and has the DHCP Server server role installed.
DHCP is configured as shown in the exhibit. (Click the Exhibit button.)

You need to ensure that only Scope1, Scope3, and Scope5 assign the same DNS servers to DHCP clients. The solution must minimize administrative effort.
What should you do?
A. Configure the Scope Options.
B. Create a superscope and scope-level policies.
C. Configure the Server Options.
D. Create a superscope and a filter.
Answer: A
Explanation:
B. Any DHCP scope options configured for assignment to DHCP clients http://technet.microsoft.com/en-us/library/dd759218.aspx http://technet.microsoft.com/en-us/library/cc757682(v=WS.10).aspx

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