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Question 8

The amount of cash on hand in a register may be compared to the amount showing in the register tape in order to detect _______.

Options:

A.

Employee theft

B.

Recorded sales

C.

Internal audits

D.

Occupational frauds

Question 9

____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

Options:

A.

False shipping slip

B.

False packing slip

C.

Fraudulent inventory slip

D.

False credit slip

Question 10

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

Options:

A.

Bogus claims

B.

Billing scheme

C.

Reliance billing

D.

Misappropriate claims

Question 11

_____________ involves purposeful misreporting of financial information about the organization that is intended to mislead those who read it.

Options:

A.

Fraudulent statement

B.

Corruption

C.

Asset misappropriations

D.

None of above

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Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
Last Update: Dec 22, 2024
Questions: 186
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