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  • Exam Number/Code : CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name : Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
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NEW QUESTION: 1
Steve Sharp sees a quote for a mutual fund that indicates the fund has a net asset value (NAV) of $26.60 and a public offering price (POP) of $28.00. Based on this, Mr. Sharp quickly ascertains that this fund must have:
A. a front-end load of 5.0%.
B. either a front-end or rear-end load of 5.3%.
C. a front-end load of 5.3%.
D. either a front-end or rear-end load of 5.0%.
Answer: A
Explanation:
Explanation/Reference:
Explanation: A mutual fund that is reported to have a NAV of $26.60 and a POP of $28.00 must have a front-end load of 5.0%. Front-end load = (POP - NAV)/POP = ($28.00 - $26.60)/$28.00 = 5.0%.

NEW QUESTION: 2

A. Option B
B. Option D
C. Option C
D. Option A
Answer: D

NEW QUESTION: 3

A. DB-9
B. RJ-45
C. RS-232
D. DB-25
Answer: B

NEW QUESTION: 4
Under the AWS shared responsibility model, AWS is responsible for which security-related task?
A. Lifecycle management of IAM credentials
B. Firewall configuration
C. Encryption of Amazon EBS volumes
D. Physical security of global infrastructure
Answer: D

 

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