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CFE Latest Exam Pass4sure & CFE Best Vce

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CFE Latest Exam Pass4sure & CFE Best Vce

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The Association of Certified Fraud Examiners (ACFE) Certified Fraud Examiner (CFE) Certification Exam is a globally recognized credential for professionals who specialize in detecting and preventing fraud. Certified Fraud Examiner certification is highly sought after by organizations in both the public and private sectors who seek to protect their assets from fraud, and those who hold it are considered experts in the field of fraud examination.
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ACFE Certified Fraud Examiner Sample Questions (Q45-Q50):NEW QUESTION # 45
Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.
  • A. True
  • B. False
Answer: A
Explanation:
Section: Fraud Prevention and Deterrence

NEW QUESTION # 46
In which of the following process, all bidders are legally supposed to be placed on the same plane of equality, bidding on the same terms and conditions?
  • A. Kickbacks
  • B. Bid-rigging
  • C. Bid solicitation
  • D. Competitive bidding
Answer: D

NEW QUESTION # 47
Bid-rigging scheme occurs when:
  • A. an employee fraudulently assists a vendor in winning a contract through the competitive bidding process.
  • B. an employee once assists a vendor in winning a contract through a single competitive bidding process.
  • C. an employee does not assist a vendor in winning a contract through the competitive bidding process.
  • D. an employee once assists a vendor in winning a contract through a single competitive bidding process.
Answer: A
Explanation:
Section: Fraud Prevention and Deterrence

NEW QUESTION # 48
Another way to eliminate competition in the solicitation phase of the selection process is to:
  • A. Solicit bid from fictitious suppliers
  • B. Solicit bid-splitting from fictitious vendors
  • C. None of the above
  • D. Solicit transaction from fictitious vendors
Answer: A
Explanation:
Section: Fraud Prevention and Deterrence

NEW QUESTION # 49
______________ can be detected by closely examining the documentation submitted with the cash receipts.
  • A. Voided purchases
  • B. Fictitious refunds
  • C. Approved transaction
  • D. None of the above
Answer: B
Explanation:
Section: Investigation

NEW QUESTION # 50
......
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