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CFE-Financial-Transactions-and-Fraud-Schemes – Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam

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Showing 4–6 of 10 questions

Question 4

What is sometimes used to overcome well-designed internal controls of a victim company?

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    Shell company

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    Fraudulent invoices

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    Collusion

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    Rubber stamp supervisors


Question 5

When employee committing the fraud removes cash from the register and also the item allegedly being returned is debited back into the inventory, this refers to:

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    Registry destroying records

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    Register false voids

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    Fraudulent register occurrences

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    Concealing register disbursement


Question 6

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

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    Forced Balance

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    Out-of-balance

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    False balance

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    None of all