Pass the ACFE Certified Fraud Examiner CFE-Financial-Transactions-and-Fraud-Schemes Questions and answers with ValidTests

Spies often create counterfeit employee badges to gain entry into a target company.

Spies often gain direct access to a target company by obtaining employment as a security officer or a member of the maintenance staff.

Spies primarily use social engineering to search for confidential information on employee desks or workstations at the target company.

Spies use technical surveillance to obtain nondocumentary information about target companies that cannot be found through open sources.

Forced Balance

Out-of-balance

False balance

None of all

Property flopping

Air loan

Phantom lien

Daisy chain

Organized accounting

Playing the accounting

beating accounting

All of the above

Internal audits

Internal controls

Tips

By accident

Revenue sources

Recorded sales

Internal audits

Register manipulations

One

At least two

More than two

None of above

After processing a customer's payment, a server returns with the receipt but keeps the payment card hoping that the customer does not notice.

An imitation website is created to deceive users into providing their payment card information.

While processing a payment concealed from the customer's view, a retail employee uses a small device to scan and record the customer's payment card information.

None of the above.

The ghost employee must be a fictitious person.

The ghost employee must be classified as an exempt employee.

The ghost employee must be someone who has never worked for the victim company.

The ghost employee must be added to the payroll.

Affinity fraud

Social control fraud

Bait and switch scheme

Advance-fee scheme