Free Access ACFE.CFE.v2022-02-03.q138 Practice Test (Page 23)

Question 106

Undisclosed payments made by vendors to employees of purchasing companies are referred to as:

A.Bid-rigging

B.Presolicitaion

C.Kickbacks

D.None of the above

Question 107

Organizations that had external audits actually had higher median losses and longer lasting fraud schemes than those organizations that were not audited.

A.True

B.False

Question 108

Which of the following is NOT the method for stealing inventory and other assets?

A.Larceny schemes

B.Asset requisition and transfer

C.Sales & Equipment handling

D.Purchasing and receiving schemes

Question 109

Which of the following is NOT the phase of the bidding process?

A.Solicitation

B.Postsolicitation

C.Presolicitation

D.Submission

Question 110

Fraudsters use the accounting system as a tool to generate the results they want in
___________ approach:

A.Playing the accounting

B.All of the above

C.Organized accounting

D.beating accounting

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Question 106

Question 107

Question 108

Question 109

Question 110

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