Free CFEX Exam Braindumps (page: 2)

Page 2 of 41

Larceny by Fraud or deception means that:

  1. Creates or reinforce a false impression
  2. Fails to correct a false impression
  3. Fails to disclose a known lien, adverse claim or other legal impediment
  4. All of the above

Answer(s): D



In Cressey's fraud triangle, its three of the legs are Opportunity, Pressure and

  1. Violation
  2. Isolation
  3. Rationalization
  4. None of the above

Answer(s): C



The seller's price to the buyer is not fixed or determinable when:

  1. When the price is not contingent on some future events
  2. The transaction includes an option to exchange the product for others.
  3. A service or membership fee is not subject predictable cancellation during the contract period.
  4. Payment terms are not extended for a substantial period.

Answer(s): B



Which of the following are not of Basic types of non-sharable problems?

  1. Violation of ascribed obligations
  2. Business reversals
  3. Physical Isolation
  4. Larceny by Fraud

Answer(s): D



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Boopathy commented on August 17, 2023
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Boopathy commented on August 17, 2023
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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
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