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Exam Code: CFE-Law
Exam Name: Certified Fraud Examiner
Vendor: ACFE

60 Questions & Answers
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NEW QUESTION: 1
In stabilizing a new issue, the manager may make a "syndicate penalty bid". This means that:
A. the manager will charge the syndicate the value of the shares
B. all stock purchased will be returned to the issuing corporation
C. the underwriter will be penalized his profit on any securities repurchased from his clients
D. any shares repurchased are added to the treasury stock of the issuing corporation
Answer: C
Explanation:
Explanation/Reference:
Explanation: the underwriter will be penalized his profit on any securities repurchased from his clients.
Since clients sell shares back to the syndicate shortly after the offering, the underwriter has not made a proper distribution. The underwriter therefore may be penalized any profit.

NEW QUESTION: 2
Which role is responsible for sponsoring, designing and change managing a process and its metrics?
A. The process owner
B. The service owner
C. The process manager
D. The process practitioner
Answer: A
Explanation:
Explanation/Reference:
Reference: https://en.wikiversity.org/wiki/ITIL/Foundation/Service_Management/ Processes_functions_and_roles

NEW QUESTION: 3
A project sponsor promises the Chief Executive Officer (CEO) that a project will be completed before the next quarterly meeting. The project manager needs to take the following elements into account:
Delivery
Vacation
Cost of overtime
Work effort
Which of the following documents should the project manager use to guarantee the project's success?
A. Schedule
B. SWOT
C. RACI
D. Burn chart
E. Project charter
Answer: D


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