Free Access ACFE.CFE.v2022-02-03.q138 Practice Test (Page 7)

Question 26

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

A.Credentials

B.Liabilities

C.Assets

D.None of above

Question 27

Which of the following are the classifications for the Corruption?

A.Bribery, economic extortion, illegal gratuities and conflicts of interest

B.Corruption, bribery, economic extortion, conflicts of interest

C.Overbilling, bribery, bid-ridding and illegal gratuities

D.economic extortion, bribery, illegal gratuities and corruption

Question 28

Another way to eliminate competition in the solicitation phase of the selection process is to:

A.Solicit bid from fictitious suppliers

B.Solicit transaction from fictitious vendors

C.Solicit bid-splitting from fictitious vendors

D.None of the above

Question 29

Which of the following can constitute a bribe, even if the illicit payment is never actually made?

A.Offering a payment

B.Overbilling in payment

C.kickback payment

D.Corruption in payment

Question 30

____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

A.False shipping slip

B.False credit slip

C.False packing slip

D.Fraudulent inventory slip

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Question 26

Question 27

Question 28

Question 29

Question 30

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