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

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NEW QUESTION: 1
Which of the following items has economic value, but not recorded on the balance sheet as an asset?
A. Patents generated from internal research and development.
B. Inventory carried at LIFO.
C. Marketable securities carried as trading securities.
Answer: A
Explanation:
Internally generated patents should be expensed.

NEW QUESTION: 2
Universal Containers builds their customer Community on Napili templates. They create several recommendations that are visible on the home page, including one for their annual conference event. After the event, the Salesforce Admin needs to remove the event recommendation. Where should the Salesforce Admin delete the recommendation?
A. From the Community Workspace
B. From the Community Builder
C. From the All Communities setup page
D. From the Community site
Answer: C

NEW QUESTION: 3
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After you answer a question, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
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A. Yes
B. No
Answer: A

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