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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
DRAG DROP
Contoso, Ltd., uses Azure web apps for their company portal sites.
Admin users need enough access to effectively perform site monitoring or management tasks.
Management tasks do not include assigning permissions to other users.
You need to grant admin access to a group of 10 users.
How should you configure the connection? To answer, drag the role or object to the correct connection setting. Each item may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

Answer:
Explanation:


NEW QUESTION: 2
-- Exhibit -
Ethnic Architecture
(A)
A. Here is a question that is not as silly as it sound:Have you ever wondered why houses are shaped the way they are? B.Bringing with them many different ideas about how to build a house, settlers from around the world have come to the United States for centuries.
(B)
B. insert a comma after lesson
C. replace lesson with lessen
D. Many of us today take for granted certain features of a house and forget that someone had to invent them.D.The veranda, a covered porch that wraps around the front of many southern houses is probably an adaptation of overhanging roofs found all over the world.E.In addition to the veranda, the South is known for its cooking and its hospitality.(6) Long ago, home builders responded to hot, humid climates by making the cooling shade of a porch a common feature of houses in such places as West Africa, Asia, and the Mediterranean area.
(C)
(7)
For instance, French settlers in New Orleans tried to put the frames of their homes directly on the ground as they had done in France; however, the heat, humidity, and abundant rainfall caused the homes to rot within a few years.(8) The settlers learned a lesson by observing the West Indian Creoles, which built raised houses with many doors and windows to keep cool.
(D)
(9)
Some settlers, like those from Germany, held on to their old building methods even though such methods were no longer necessary.(10) Because of a shortage of wood in some parts of Germany, builders had constructed half-timber houses; they used clay or brick to save wood.(11) When German immigrants settled in Wisconsin where wood was abundant, they still built their familiar half-timber homes.(12) European peasants and their animals once shared a shelter called a "house-barn," which allowed immediate care for the animals during harsh whether.(13) Today's covered breezeways serve a related purpose of protecting people who need to go to their"car barns,"or garages.
(E)
(14)
No matter which country settlers started from, they brought home-building traditions.(15) Some they changed to adapt to their new land, some they abandoned,and some their descendants still use today. -- Exhibit -Sentence 8:The settlers learned a lesson by observing the West Indian Creoles, which built raised houses with many doors and windows to keep cool.
Which correction should be made to sentence 8?
E. replace which with who
F. insert a comma after houses
G. remove the comma after Creoles
Answer: B

NEW QUESTION: 3
APB Opinion No. 28, Interim Financial Reporting, concluded that interim financial reporting should be
viewed primarily in which of the following ways?
A. As useful only if activity is spread evenly throughout the year.
B. As if the interim period were an annual accounting period.
C. As reporting under a comprehensive basis of accounting other than GAAP.
D. As reporting for an integral part of an annual period.
Answer: D
Explanation:
Choice "c" is correct. Interim financial reporting should be viewed as reporting for an integral part of an
annual period.
Choices "a", "b", and "d" are incorrect, per the above rule.

NEW QUESTION: 4
The quarterly data required by SEC Regulation S-K have been omitted. Which of the following statements
must be included in the auditor's report?
A. The company's internal control provides an adequate basis to complete the review.
B. The auditor will review the selected data during the review of the subsequent quarterly financial data.
C. The company has not presented the selected quarterly financial data.
D. The auditor was unable to review the data.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. If the quarterly data required by SEC Regulation S-K have been omitted, the
auditor's report must include a statement indicating that the company has not presented such data.
Choice "A" is incorrect. The auditor's report should only state that the auditor was unable to review
quarterly data required by SEC Regulation S-K when the data have been included, but the auditor has not
reviewed such data.
Choice "B" is incorrect. Generally, the auditor's report does not make reference to a review of interim
financial information, since such information is not a required part of GAAP financial statements. (Note,
however, that the auditor's report might be modified to indicate that the company's internal control was not
sufficient to provide an adequate basis for a review of such information, in situations where quarterly data
is included but not reviewed).
Choice "D" is incorrect. If an entity is required to file quarterly reports, a review of this quarterly data is also
required. Such review should be completed before the quarterly report is filed, not postponed to a
subsequent quarter.


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