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Exam Code: CFE-Fraud-Prevention-and-Deterrence
Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
Vendor: ACFE

60 Questions & Answers
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NEW QUESTION: 1
When a company's stock record books are maintained by an outside registrar or transfer agent, the auditor
should obtain confirmation from the registrar or transfer agent concerning the:
A. Number of shares issued and outstanding.
B. Expected proceeds from stock subscriptions receivable.
C. Amount of dividends paid to related parties.
D. Proper authorization of stock rights and warrants.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. If a client uses a stock transfer agent, confirmations should be used to provide
evidence of shares authorized, issued, and outstanding, as well as to provide evidence of the individual
transactions.
Choice "A" is incorrect. It is the auditor's responsibility to identify, examine, and evaluate the disclosure of
related party transactions. The stock transfer agent would not necessarily know which parties are related
to the client.
Choice "B" is incorrect. The auditor should recalculate, or should review management's calculations of,
stock subscriptions receivable. Confirmation from the stock transfer agent would not be necessary to
review this information.
Choice "D" is incorrect. Proper authorization of stock rights and warrants would best be verified by
reviewing the minutes of Board of Director meetings. Confirmation from the stock transfer agent would not
be necessary to review this information.

NEW QUESTION: 2

Both servers shown in the graphic were licensed for Inside Control and Advanced iLO. Drag the red marker into the icon that indicates a potential SNMP configuration error.
Point and Shoot:

Answer:
Explanation:


NEW QUESTION: 3

Refer to the Exhibit.

An engineer is connecting a Cisco MDS 9700 series multilayer director to a downstream Cisco Nexus 5672UP switch. Which command set must be used to complete the configuration?


A. Option B
B. Option C
C. Option D
D. Option A
Answer: D

NEW QUESTION: 4
A company plans to implement Dynamics 365 Supply Chain Management shipping manifests. The company wants to use a multiple-level manifest process.
You need to ensure that the system is configured for multiple-level manifest processing. What should you validate?
A. All containers are manifested before the container group is manifested.
B. All container types are set up with all four attributes.
C. The allow split picks configuration is enabled.
D. All containers are manifested after the container group is manifested.
Answer: A
Explanation:
Explanation
References:
https://cloudblogs.microsoft.com/dynamics365/no-audience/2016/12/01/improved-packing-functionality-dynami


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