ACFE CFE-Fraud-Prevention-and-Deterrence Q&A - in .pdf

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  • Exam Code: CFE-Fraud-Prevention-and-Deterrence
  • Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Considering the SCOR Model of supply chain operations, which of the following key management
processes does collecting and processing vendor payments fall into?
A. Deliver.
B. Plan.
C. Make.
D. Source.
Answer: D
Explanation:
Choice "b" is correct. Once demand has been planned, it is necessary to procure the resources required
to meet it and to manage the infrastructure that exists for the sources. Collecting and processing vendor
payments falls into the "source" process.
Choices "a", "c", and "d" are incorrect, per the above Explanation: .

NEW QUESTION: 2
Which of the following most likely would be an advantage in using classical variables sampling rather than
probability-proportional-to-size (PPS) sampling?
A. An estimate of the standard deviation of the population's recorded amounts is not required.
B. Any amount that is individually significant is automatically identified and selected.
C. Inclusion of zero and negative balances generally does not require special design considerations.
D. The auditor rarely needs the assistance of a computer program to design an efficient sample.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Inclusion of zero and negative balances requires special design considerations with
PPS sampling, but it does not require special design considerations with classical variables sampling.
Choice "A" is incorrect. An estimate of the standard deviation of the population's recorded amounts is
required for classical variables sampling, but not for PPS sampling.
Choice "B" is incorrect. The auditor is less likely to need a computer program to design an efficient sample
for PPS sampling than for classical variables sampling.
Choice "D" is incorrect. Any amount that is individually significant is more likely to be identified and
selected when using PPS sampling than when using classical variables sampling.

NEW QUESTION: 3
The DeleteExternalOrder() method in the ExternalQueueService service is not throwing a FaultException exception as defined by the FaultContractAttribute attribute in the IExternalQueueService.cs file.
You need to throw the FaultException exception.
Which code segments can you insert at line EQ45 to achieve this goal? (Each correct answer presents a complete solution. Chose all that apply)

A. Option C
B. Option D
C. Option A
D. Option B
Answer: A,D

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