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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
Refer to the Exhibit.

The following forecast cash flows relate to a proposed investment in new delivery vehicles at a total cost of $75,000.
The internal rate of return (IRR) of the proposed investment is (to two decimal places)
Answer:
Explanation:
14.20%

NEW QUESTION: 2
Custom object with billing state, province and zip code. How we can make sure that Zip code is Correct as per billing State ?
A. Create Validation rule and use HLOOKUP to check zip code against stored Billing State
B. Create Validation rule and use VLOOKUP to check zip code against stored Billing State
C. Create WOrkflow to automatically update Zip code from stored Billing State
Answer: B

NEW QUESTION: 3
During which phase of development is it MOST appropriate to begin assessing the risk of a new application system?
A. Feasibility
B. Testing
C. Development
D. Design
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Risk should be addressed as early in the development of a new application system as possible. In some cases, identified risks could be mitigated through design changes. If needed changes are not identified until design has already commenced, such changes become more expensive. For this reason, beginning risk assessment during the design, development or testing phases is not the best solution.

 

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