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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

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

NEW QUESTION: 2
Where does IBM Bluemix store information necessary to allow an application to interact with IBM Data Connect using the Data Load REST API?
A. In a cookie placed on the developer's computer when creating the service
B. In the VCAP_SERVICES environment variable
C. In an associated Cloudant NoSQL database
D. In an encrypted file within the application code
Answer: B
Explanation:
Explanation/Reference:
To ensure that your app can interact with a Data Connect service instance, add code to your app to parse the connection information in the VCAP_SERVICES environment variable.
The value of the VCAP_SERVICES environment variable contains the information that your app needs in order to interact with the Data Connect service.
In the first REST method that your app calls, use the user ID and password from the VCAP_SERVICES environment variable to authenticate by using HTTP basic access authentication. The first call returns an authentication cookie, which other REST calls from your app can use.
References: https://console.bluemix.net/docs/services/dataworks1/index.html#getting-started-with-data- connect

NEW QUESTION: 3
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section. You will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have a table that was created by running the following Transact-SQL statement:

The Products table includes the data shown in the following table:

TotalUnitPrice is calculated by using the following formula:
TotalUnitPrice = UnitPrice * (UnitsInStock + UnitsOnOrder)
You need to ensure that the value returned for TotalUnitPrice for ProductB is equal to 600.00.
Solution: You run the following Transact-SQL statement:

Does the solution meet the goal?
A. Yes
B. No
Answer: B
Explanation:
Explanation
The NULL value in the UnitsOnOrder field would cause a runtime error.

NEW QUESTION: 4
The effective-interest method and the straight-line method of amortizing a bond discount differ in that the effective-interest method results in:
A. Constant annual interest expense over the term of the bonds.
B. Shrinking annual interest expense over the term of the bonds.
C. Escalating annual interest expense over the term of the bonds.
D. Higher total interest expense over the term of the bonds.
Answer: C
Explanation:
Under the effective-interest method, interest expense for each period equals the effective interest rate times the carrying value of the bond issue. As the discount is amortized, the carrying value rises and interest expense increases.


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