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  • Exam Number/Code : CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name : Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which statement is correct regarding intercompany eliminations?
A. Intercompany eliminations are generally required to remove the effect of transactions within the company.
B. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.
C. Intercompany eliminations are needed when a company divests itself of a division.
D. Intercompany eliminations are required for sustainability reporting to show the company's waste output.
Answer: A
Explanation:
Explanation/Reference:
Reference: https://www.readyratios.com/reference/accounting/intercompany_eliminations.html

NEW QUESTION: 2

A. Schedule Deploy
B. Schedule Rollback
C. Schedule Overwrite
D. Schedule Archive
Answer: C

NEW QUESTION: 3
An AWS account owner has setup multiple IAM users. One IAM user only has CloudWatch access. He has setup the alarm action, which stops the EC2 instances when the CPU utilization is below the threshold limit. What will happen in this case?
A. It is not possible to stop the instance using the CloudWatch alarm
B. The user cannot set an alarm on EC2 since he does not have the permission
C. The user can setup the action but it will not be executed if the user does not have EC2 rights
D. CloudWatch will stop the instance when the action is executed
Answer: C

 

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