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Free CFE - Financial Transactions and Fraud Schemes Exam Braindumps (page: 11)

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QUESTION: 41

________ increase assets and expenses and/or decrease liabilities and/or equity

Journal Entries
Debit
Credit
None of all

Answer(s): B

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QUESTION: 42

________ decrease assets and expenses and/or increase liabilities and/or equity

Journal Entries
Debit
Credit
None of all

Answer(s): C

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QUESTION: 43

The excess credits (or debits) on the income statement are used to decrease (or increase) the equity account.

True
False

Answer(s): B

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QUESTION: 44

Delivery has not occurred or services have not been rendered when:

Until installation and customer testing and acceptance has occurred.
A written order exists but contains a right of return.
Both A & B
Neither A nor B

Answer(s): B

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Juliet commented on June 14, 2024
Please give questions for Financial Transactions
Anonymous
upvote

christine commented on May 19, 2024
I have liked the questions shared.
KENYA
upvote

Nosheen commented on March 30, 2024
The study guide has covers all the current exam topics. I sat for my test on Friday and passed with 81%.
INDIA
upvote

kevin commented on September 29, 2023
physical tempering techniques
Anonymous
upvote

kevin commented on September 29, 2023
Physical tempering techniques
Anonymous
upvote