Palo Alto Networks

Free CFE Exam Braindumps
Certified Financial Examiner (CFE) Questions 51–55 (page: 12)

Updated On: 9-Feb-2026

Viewing Page 12 of 39 pages.

Download PDF version with 416 Questions

QUESTION: 51

Which of the following is not the skimming scheme?

Unrecorded sales
Fraud & Cost
Theft of checks through the mail
Understand sales and receivables

Answer(s): B

Show Answer Next Question

QUESTION: 52

According to fraud tree, cash has three following schemes:

Skimming, cash larceny and fraudulent disbursements
Fraud analysis, skimming and cash misappropriations
Cash larceny, cash distribution and fraudulent disbursements
Cash distribution, skimming and fraud analysis

Answer(s): A

Show Answer Next Question

QUESTION: 53

Skimming cases can more likely to be detected by:

Internal audits
Accidents
Internal controls
occupational frauds

Answer(s): B

Show Answer Next Question

QUESTION: 54

The most basic skimming scheme occurs when:

An employee sells goods or services to a customer, collects the customer's payment, but makes no record of the sale.
An employee buy goods or services from a customer, drop the customer's payment, but makes no record of the purchase.
An employee sells goods or services to a stakeholder, collects the stakeholder's payment and makes record of the sale too.
An employee buy goods or services from a stakeholder, drop the stakeholder's payment and makes record of the purchase too.

Answer(s): A

Show Answer Next Question

QUESTION: 55

The amount of cash on hand in a register may be compared to the amount showing in the register tape in order to detect _______.

Employee theft
Recorded sales
Internal audits
Occupational frauds

Answer(s): A

Show Answer Next Question

1
…
10
11
12
13
14
…
20
30

Download PDF Next Page

Viewing page 12 of 39
Viewing questions 56 - 60 out of 416 questions

Post your Comments and Discuss Financial CFE exam prep with other Community members:

Comments:

Name:

AI Tutor

AI Tutor 👋 I’m here to help!