ACFE CFE Quiz:1 Topic:2 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for ACFE CFE Exam, according to official ACFE Certified Fraud examiner exam syllabus topic # 2

Question: 1

Which of the following offender types in which people who take the money and run away?

AAbsconders

BLong-term violators

COffender types

DNone of the above

Answer : A

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Question: 2

When situational pressures and perceived opportunities are low and personal integrity is high, occupational fraud is much more likely to occur than when the opposite is true.

ATrue

BFalse

Answer : B

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Question: 3

How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

AOne

BAt least two

CMore than two

DNone of above

Answer : A

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Question: 4

A __________ is a day-by-day, or chronological, record of transactions

AAsset

BJournal

CCheckbook

DLedger

Answer : B

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Question: 5

''Anticipate possible losses and omit potential profits'', this results in:

AAsymmetrical accounting

BSymmetrical accounting

CPlaying accounting

DBearing accounting

Answer : A

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