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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

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NEW QUESTION: 1
You have a server named Server1 that has a Server Core installation of Windows Server 2008 R2.
Server1 has the DHCP Server server role and the File Server server role installed.
You need to upgrade Server1 to Windows Server 2012 R2 with the graphical user interface (GUI).
The solution must meet the following requirements:
- Preserve the server roles and their configurations.
- Minimize administrative effort.
What should you do?
A. OnServer1, run setup.exe from the Windows Server 2012 R2 installation media and select Server with a GUI.
B. OnServer1, run setup.exe from the Windows Server 2012 R2 installation media and select Server Core Installation. When the installation is complete, add the Server Graphical Shell feature.
C. Start Server1 from the Windows Server 2012 R2 installation media and select Server Core Installation. When the installation is complete, add the Server Graphical Shell feature.
D. Start Server1 from the Windows Server 2012 R2 installation media and select Server with a GUI.
Answer: C

NEW QUESTION: 2
In 2001, Continental Supply Company was formed to provide drilling equipment and supplies to contractors and oilfield production companies located throughout the United States. At the end of 2005, Continental Supply created a wholly owned foreign subsidiary, International Oilfield Incorporated, to begin servicing customers located in the North Sea. International Oilfield maintains its financial statements in a currency known as the local currency unit (LCU). Continental Supply follows U.S. GAAP and its presentation currency is the U.S. dollar.
For the years 2005 through 2008, the weighted-average and year-end exchange rates, stated in terms of local currency per U.S. dollar, were as follows:

International Oilfield accounts for its inventory using the lower-of-cost-or-rnarlcet valuation method in conjunction with the first-in, first-out, cost flow assumption. All of the inventory on hand at the beginning of the year was sold during 2008. Inventory remaining at the end of 2008 was acquired evenly throughout the year.
At the beginning of 2006, International Oilfield purchased equipment totaling LCU975 million when the exchange rate was LCU 1.00 to SI. During 2007, equipment with an original cost of LCU 108 million was totally destroyed in a fire. At the end of 2007, International Oilfield received a LCU 92 million insurance settlement for the loss. On June 30, 2008, International Oilfield purchased equipment totaling LCU 225 million when the exchange rate was LCU 1.25 to $1.
For the years 2007 and 2008, Continental Supply reported International Oilfield revenues in its consolidated income statement of S375 million and $450 million, respectively. There were no inter- company transactions. Following are International Oilfield's balance sheets at the end of 2007 and 2008:

At the end of 2008, International Oilfield's retained earnings account was equal to $525 million and, to date, no dividends have been paid. All of International Oilfield's capital stock was issued at the end of
2005.
Assuming International Oilfield is a significantly integrated sales division and virtually all operating, investing, and financing decisions are made by Continental Supply, foreign currency gains and losses that arise from the consolidation of International Oilfield should be reported in:
A. shareholders equity.
B. operating cash flow.
C. net income.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Assuming International Oilfield is an integrated sales division and Continental Supply makes virtually ail of the decisions, the functional currency is likely the presentation currency. Thus, the temporal method is used. Under the temporal method, remeasurement gains and losses are reported in the income statement.
(Study Session 6, LOS 23.c)

NEW QUESTION: 3
What do you need to do to implement a completely new Web Service protocol in Magento?
A. Create your own adapter and controller.
B. Create a new API helper.
C. Create your own API resource.
D. Create a new model extended from Mage_Api_Model_Abstract.
Answer: A

NEW QUESTION: 4
A failover system can increase ___________________and ___________________ by using _______________ technology. Select the correct answer.
A. confidentiality, responsiveness, cloud
B. resources, usage thresholds, legacy
C. reliability, availability, clustering
D. flexibility, integrity, real-time
Answer: C


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