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Free CFEX Exam Braindumps (page: 14)

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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

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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

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QUESTION: 56

The prime targets for skimming schemes which are hard to monitor and predict such as late fees and parking fees, are:

Revenue sources
Recorded sales
Internal audits
Register manipulations

Answer(s): A

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QUESTION: 57

What can make it easy for an employee to skim sales or receivables?

Revenue sources and recording procedures
Poor collection and recording procedures
Internal audits and recording procedures
Register manipulations and recording procedures

Answer(s): B

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Boopathy commented on August 17, 2023
i need this dump kindly upload it
Anonymous
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Boopathy commented on August 17, 2023
i need this dump kindly upload it
Anonymous
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SKS commented on August 26, 2015
Just downloaded and hope it will be helpful for my exam preparations and will update further after completing my exams
UNITED STATES
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