QUESTION: 89

Which sale occurs when the accomplice of the employee-fraudster "buys" merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

Whole sale
Fake sale
Fraudster sale
Preliminary sale

Answer(s): B

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QUESTION: 90

The forms that allow noncash assets to be moved from one location in a company to another can be used to facilitate the misappropriation of those assets are called:

Inventory usages
Fake sales
Asset requisition
All of the above

Answer(s): C

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QUESTION: 91

False billing scheme states that:

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

Answer(s): D

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QUESTION: 92

If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

Inventory larceny scheme
Asset receiving scheme
Fraudulent purchase
Falsify shipping

Answer(s): A

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Free CFE - Financial Transactions and Fraud Schemes Exam Braindumps (page: 23)

QUESTION: 89

QUESTION: 90

QUESTION: 91

QUESTION: 92