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ACFE Certified Fraud Examiner Sample Questions (Q160-Q165):
NEW QUESTION # 160
_________ normally are carried on an organization's books as expenses because they tend to be consumed by the organization within a year of purchase.
Answer: C
NEW QUESTION # 161
Fill in blank
One of the simplest ways to justify unacceptable conduct and avoid guilt feelings is to invent a good reason for ________.
Answer:
Explanation:
Embezzling
NEW QUESTION # 162
The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:
Answer: A
NEW QUESTION # 163
Asset misappropriation schemes were the "middle children" of the study; they were more common than fraudulent statements and more costly than corruption.
Answer: A
NEW QUESTION # 164
Which of the following is the criterion for bid solicitation?
Answer: C
NEW QUESTION # 165
......
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