Free Access ACFE.CFE.v2022-05-27.q112 Practice Test (Page 7)

The heart of book keeping system is the ___________.

A.Asset

B.Liability

C.Checkbook

D.Journal

False billing scheme states that:

A.employees do not cause their company to purchase merchandise that the company does not need.

B.employees cause their company to purchase merchandise that the company does not need

C.employees cause their company to sale merchandise that the company does not need.

D.employees do not cause their company to sale merchandise that the company does not need.

___________ and __________ are used to increase (or decrease) the equity account.

A.Journal Entries & Debit

B.Journal Entries & transactions

C.Journal Entries & Credit

D.None of all

____________ is a process by which a bookkeeper records all transactions and can adjust the books.

A.Journal Entries

B.Accounting Cycle

C.Financial statement

D.None of all

___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

A.counterfeit checks

B.Cash advances

C.Payable checks

D.Payable cash

Other Version: 889ACFE.CFE.v2024-05-20.q124; 1416ACFE.CFE.v2023-08-28.q145; 2941ACFE.CFE.v2022-02-03.q138; 110ACFE.Prepawayete.CFE.v2021-11-03.by.karen.111q.pdf

Latest Upload: 102Microsoft.GH-100.v2026-01-12.q22; 101GInI.CInP.v2026-01-12.q84; 101Microsoft.MS-900.v2026-01-12.q286; 102UiPath.UiPath-TAEPv1.v2026-01-12.q39; 134SAP.C-LCNC-2406.v2026-01-09.q21; 163Salesforce.CRT-550.v2026-01-09.q122; 130Salesforce.Marketing-Cloud-Intelligence.v2026-01-09.q41; 125CIPS.L4M1.v2026-01-09.q27; 120ISTQB.ATM.v2026-01-09.q49; 119SAP.C_BCBAI_2502.v2026-01-08.q38

Download PDF File