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Certified Fraud Examiner CFE-Financial-Transactions-and-Fraud-Schemes Book

Page: 4 / 6
Question 16

In Cressey’s fraud triangle, its three of the legs are Opportunity, Pressure and

Options:

A.

Violation

B.

Isolation

C.

Rationalization

D.

None of the above

Question 17

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

Options:

A.

Bogus claims

B.

Billing scheme

C.

Reliance billing

D.

Misappropriate claims

Question 18

One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.

Options:

A.

True

B.

False

Question 19

Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:

Options:

A.

Tangible Assets

B.

Intangible Assets

C.

Forced Assets

D.

None of above

Page: 4 / 6
Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
Last Update: May 18, 2024
Questions: 186
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