Question 1

The behavior profile of employees who are involved in bribery schemes may include:

AGambling habit

BExtravagant lifestyle

CDrug and/or alcohol addiction

DAll of the above

Answer : D

Question 2

Which of the following is NOT the example of bribery prevention policies?

AReporting gifts

BDiscounts

CBusiness meetings

DResource diversions

Answer : D

Question 3

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

AConflict of interest

BIllegal sale

CUnauthorized purchase

DFinancial disclosure

Answer : A

Question 4

A scheme is classified as a Conflict of interest:

Awhen an employee must have some kind of ownership or employment interest in the vendor submitting the invoice.

Bwhen a salesman must have some kind of ownership or employment interest in the vendor submitting the sales.

Cwhen a purchaser must have some kind of ownership or employment interest in the vendor submitting the purchase.

Dwhen a dealer must have some kind of dealership interest in the vendor submitting the stock.

Answer : A

Question 5

The fraudsters' interest lies with an employer other than a company.

ATrue

BFalse

Answer : B

Free Practice Questions for ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam

Question 1

Question 2

Question 3

Question 4

Question 5