Free CFEX Exam Braindumps (page: 8)

Page 8 of 41

The difference between assets and liabilities is called:

  1. Equity B.
    Expense C.
    Revenue
  2. Income statement

Answer(s): A



___________is to allow the owner, investors, creditors and others with an interest to know the appropriate book worth of the business at a particular date.

  1. Equity
  2. Balance sheet
  3. Income statement
  4. Financial record

Answer(s): B



Occupational fraud and abuse is a (an) _________ of doing business, in much the same way that we pay expenses for electricity, taxes and wages.

  1. Equity
  2. Balance sheet
  3. Expense
  4. Financial record

Answer(s): C



When expenses used to produce income- all of them- should be matched in a consistent manner against that income, this is referred to:

  1. Equity
  2. Accrual basis accounting
  3. Expense
  4. Financial record

Answer(s): B



Page 8 of 41



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

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
upvote

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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