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Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
Vendor: ACFE

60 Questions & Answers
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NEW QUESTION: 1
Is 'Join' available as an option for all groups visible through Chatter?
Answer:
Explanation:
No. You can join a public group, but must 'Request to Join' a private group. This will generate an email request to the owner or managers of a private group who can then allow you to join.

NEW QUESTION: 2
Welches der folgenden BEST ermöglicht es einem Informationssicherheitsmanager, die Fähigkeit von Sicherheitsprogrammfunktionen zu kommunizieren?
A. Bewertung der Sicherheitsreife
B. Sicherheitsarchitekturdiagramme
C. Ergebnisse des Schwachstellen-Scans
D. Key Risk Indicators (KRls)
Answer: A

NEW QUESTION: 3
Which of the following should be disclosed in a summary of significant accounting policies?
A. Depreciation expense.
B. Basis of profit recognition on long-term construction contracts.
C. Future minimum lease payments in the aggregate and for each of the five succeeding fiscal years.
D. Composition of sales by segment.
Answer: B
Explanation:
Choice "a" is correct. The summary of significant accounting policies should disclose policies. The only
policy in this question is the "basis" of profit recognition on long-term construction contracts.
The other disclosures are accounting details and would be disclosed in other footnotes, but not in the
summary of significant accounting policies.
Choice "b" is incorrect. The future minimum lease payments should be disclosed, but not in the summary
of significant accounting policies.
Choice "c" is incorrect. Depreciation expense should certainly be disclosed, but not in the summary of
significant accounting policies.
Choice "d" is incorrect. The composition of sales by segment should be disclosed, but not in the summary
of significant accounting policies.


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