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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
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
A client has a requirement for their Payables application:
1) AP must automatically create balancing accounting entries for invoice and payment transactions by using the expense GL Account.
2) Stop the application of a prepayment amount to an invoice or expense report amount that is charged to a different balancing segment.
Which two steps would satisfy both these requirements? (Choose two.)
A. Enable the Prevent Prepayment Application Across Balancing Segments option.
B. Set the Automatic Offset Method to Account.
C. Set the Automatic Offset Method to Accrual.
D. Enable the Prevent Prepayment Application Across Account Segments option.
E. Enable the Prevent Prepayment Application Across Offset Segments option.
F. Set the Automatic Offset Method to Balancing.
Answer: A,B

NEW QUESTION: 2
Which of the following are primary markets?
A. The over-the-counter market for U.S. Government Bonds
B. The repo market
C. The foreign exchange market
D. Auction markets conducted by the U.S. Treasury for U.S. Treasury bills
Answer: D

NEW QUESTION: 3
A recent audit of a company's identity management system shows that 30% of active accounts belong to people no longer with the firm. Which of the following should be performed to help avoid this scenario? (Select TWO).
A. Implement a process where new account creations require management approval.
B. Automatically disable accounts that have not been utilized for at least 10 days.
C. Request that employees provide a list of systems that they have access to prior to leaving the firm.
D. Utilize automated provisioning and de-provisioning processes where possible.
E. Perform regular user account review / revalidation process.
Answer: D,E

NEW QUESTION: 4
Your SAP HANA system CANNOT be reached by SQL. You need to check all connections, transactions, and blocked transactions to understand the root cause.
Which system service do you use to collect the information?
Please choose the correct answer.
Response:
A. preprocessor
B. daemon
C. nameserver
D. sapstartsrv
Answer: D

 

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