Free CFE Exam Braindumps
Certified Financial Examiner (CFE) Questions 86–90 (page: 19)

Updated On: 9-Feb-2026

Physical assets including _________ and ________ are the most commonly misappropriated noncash asset in our study.

  1. Interest & Collusion
  2. Inventory & Equipment
  3. Inventory & Purchase
  4. Sales & Equipment

Answer(s): B



Which of the following is NOT the method for stealing inventory and other assets?

  1. Larceny schemes
  2. Asset requisition and transfer
  3. Purchasing and receiving schemes
  4. Sales & Equipment handling

Answer(s): D



Larceny is the scheme in which an employee simply takes inventory from the company premises without attempting to conceal it in the books and records.

  1. True
  2. False

Answer(s): A



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?

  1. Whole sale
  2. Fake sale
  3. Fraudster sale
  4. Preliminary sale

Answer(s): B



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:

  1. Inventory usages
  2. Fake sales
  3. Asset requisition
  4. All of the above

Answer(s): C



Viewing page 19 of 39
Viewing questions 91 - 95 out of 416 questions


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

AI Tutor AI Tutor 👋 I’m here to help!