Free Access ACFE.CFE.v2022-02-03.q138 Practice Test (Page 14)

Question 61

Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?

A.Going concern

B.Net realizable value

C.Fair value

D.Cost

Question 62

Which of the following is NOT the reason to bribe employees of the purchaser?

A.To extend the bid opening date

B.To ensure receipt of a late bid

C.To falsify the bid log

D.To ensure bid-splitting

Question 63

__________ can be defined as conduct detrimental to the organization and to the employee.

A.Employee deviance

B.Employee theft

C.Employee fraud

D.All of the above

Question 64

A journal in which all sales made on credit or cash are listed is:

A.Accounts payable journal

B.Accounts receivable journal

C.General journal

D.Disbursement journal

Question 65

A journal in which all sales made on credit or cash are listed is:

A.General journal

B.Disbursement journal

C.Accounts payable journal

D.Accounts receivable journal

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Question 61

Question 62

Question 63

Question 64

Question 65

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