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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
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
A. You can create multiple approvers for the same manager.
B. The alternate approver must be a part of the regular plan hierarchy.
C. The highest Approval sequence is the final approver.
D. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers.
Answer: A,C,D
Explanation:
Explanation
By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set or sequence of approvers. The alternate approver does not have to be a part of the regular plan hierarchy. You can create multiple approvers for the same manager by identifying the specific individuals and using the approval sequence to determine the order in which approvals occur. The highest sequence is the final approver.
Alternate hierarchies are commonly used when approval control transitions from managers to the HR department.

NEW QUESTION: 2
How is the risk of improper file access affected upon implementing a database system?
A. Risk varies.
B. Risk is increased.
C. Risk is reduced.
D. Risk is not affected.
Answer: B
Explanation:
Explanation/Reference:
Improper file access becomes a greater risk when implementing a database system.

NEW QUESTION: 3
Assuming that the POST is not successful, what is the next course of action for troubleshooting the IBM AnyPlace
Kiosk?
A. secure the AC power cord and all cable connections; power on; make sure the power light is on
B. re-seat the hard disk drive
C. remove the side access cover to verify that the system has memory; reverse the position of the DIMMS
D. refer to the POST Failure Table in the User's Guide; resolve the issue; power on again
Answer: A

 

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