Free CFEX Exam Braindumps
Certified Fraud Examiner (CFEX) Questions 47–51 (page: 11)

Updated On: 9-Feb-2026

Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

  1. True
  2. False

Answer(s): A



When an incorrect total is carried from the journal to the ledger or from ledger to the financial statements, this method is called:

  1. Forced Balance
  2. Out-of-balance
  3. False balance
  4. None of all

Answer(s): A



The principal way to detect omitted credits from books of account is through:

  1. Forced Balance
  2. Trend analysis
  3. Expense account
  4. None of all

Answer(s): B



Skimming is:

  1. The removal of cash from a victim entity prior to its entry in an accounting system.
  2. The addition of cash from a victim entity prior to its entry in an accounting system.
  3. The removal of cash from a victim entity after its entry in an accounting system.
  4. None of above

Answer(s): A



Which of the following is not the skimming scheme?

  1. Unrecorded sales
  2. Fraud & Cost
  3. Theft of checks through the mail
  4. Understand sales and receivables

Answer(s): B



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