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Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
Vendor: ACFE

60 Questions & Answers
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NEW QUESTION: 1
A bank employee programs an internal payment system to transfer half a cent of each transaction to her personal bank account. What type of risk does this behavior illustrate?
A. Technology risk
B. Payment risk
C. Surety risk
D. Fiduciary risk
Answer: A

NEW QUESTION: 2
What is a key value proposition for the Strategic Business Planning solution?
A. Takes a "top-down" view that aggregates pre-calculated results from multiple risk systems (Algorithmics. IBM.in-house. other vendors), providing risk and return analysis
B. Runs RiskWatch-based calculations to ensure consistency across all calculations and risk areas
C. Provides a central and single view of the customer, control over the entire credit sanctioning, approval and activation process
D. Correlates risks through integrated stress testing which prepares the bank for market-wide stress situations
Answer: A

NEW QUESTION: 3
Which of the following is a best practice for protecting mobile devices that use RDP to access highly sensitive information? (Select TWO).
A. Block firewall traffic
B. Block internal storage
C. Block network connectivity
D. Block SD storage
E. Block personal backup
Answer: B,D

NEW QUESTION: 4
Examine this function:

Which statement will successfully invoke this function in SQL*Plus?
A. START CALC_PLAYER_AVG(31)
B. EXECUTE CALC_PLAYER_AVG(31);
C. CALC_PLAYER('Ruth');
D. SELECT CALC_PLAYER_AVG(PLAYER_ID) FROM PLAYER_BAT_STAT;
E. CALC_PLAYER_AVG(31);
Answer: D


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