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  • Exam Number/Code : CFE
  • Exam Name : Certified Fraud Examiner
  • Questions and Answers : 260 Q&As
  • Price: $ 99.00 $ 39.00
CFE

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NEW QUESTION: 1
What routine security measure is most effective in protecting against emerging threats?
A. Updating the disaster recovery plan
B. System patches
C. Vulnerability assessments
D. Properly configuring the firewall
Answer: B
Explanation:
Many new threats depend on exploiting system flaws. By routinely patching your system, you will achieve a significant level of protection against emerging threats.
Answer option C is incorrect. Updating a disaster recovery plan will not be effective against emerging threats.
Answer option B is incorrect. Obviously the firewall should be properly configured, but that is less effective against emerging threats.
Answer option D is incorrect. A vulnerability assessment is usually only useful against known threats, not emerging threats.

NEW QUESTION: 2
What is the purpose of using billing due lists? (Choose two)
A. To process sales orders and deliveries that are due for billing
B. To periodically create billing documents
C. To initiate a dunning run in Financials
D. To release orders that are blocked for billing
Answer: A,B

NEW QUESTION: 3
You plan to run an automatic update on the ABC classifications of all items.
You need to identify which ABC code to update based on the sales of eachitem in a given period.
Which ABC code should you identify?
A. Carrying cost
B. Value
C. Revenue
D. Margin
Answer: C
Explanation:
BC code for revenue
A classifier that names categories in an ABC classification that ranks discrete categories of
items according to their revenue.
Note:ABC classification
A system for ranking discrete categories of items according to Pareto's 80/20 principle that
states that a small percentage of items account for the largest fraction of significance.
Incorrect:
Not Value, Not Margin: not such ABC codes.
Not D:ABC code for carrying cost classification
A classifier that names categories in an ABC classification that ranks discrete categories of
items according to their carrying cost.

 

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Latest CFE Test Format | Test CFE Objectives Pdf & Answers CFE Free - Cads-Group


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