Free CFEX Exam Braindumps
Certified Fraud Examiner (CFEX) Questions 37–41 (page: 9)

Updated On: 9-Feb-2026

A _________ is a day-by-day, or chronological, record of transactions

  1. Asset
  2. Journal
  3. Checkbook
  4. Ledger

Answer(s): B



A journal in which all sales made on credit or cash are listed is:

  1. Disbursement journal
  2. Accounts receivable journal
  3. Accounts payable journal
  4. General journal

Answer(s): B



___________is a summary of the account balances carried in a ledger.

  1. Balance sheet
  2. Income statement
  3. Financial statement
  4. General journal

Answer(s): C



___________is a process by which a bookkeeper records all transactions and can adjust the books.

  1. Journal Entries
  2. Accounting Cycle
  3. Financial statement
  4. None of all

Answer(s): A



____________increase assets and expenses and/or decrease liabilities and/or equity

  1. Journal Entries
  2. Debit
  3. Credit
  4. None of all

Answer(s): B



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