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  1. Home
  2. ACFE Certification
  3. CFE-Financial-Transactions-and-Fraud-Schemes Exam
  4. ACFE.CFE-Financial-Transactions-and-Fraud-Schemes.v2023-01-29.q93 Dumps
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Question 76

A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:

Correct Answer: B
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Question 77

If an analytical review reveals that a company's cost of goods sold has increased by a disproportionate amount relative to its sales, and no changes have occurred in the purchase prices, quantities purchased, or quality of products purchased, what does this most likely indicate?

Correct Answer: C
Explanation/Reference: https://www.acfe.com/uploadedFiles/Shared_Content/Products/Self-Study_CPE/Intro%20to%20Fraud-Chapter%20Excerpt.pdf
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Question 78

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

Correct Answer: C
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Question 79

Which of the following actions could management take to make a company appear more profitable than it actually is?

Correct Answer: C
Explanation/Reference: https://www.acfe.com/uploadedFiles/ACFE_Website/Content/documents/tone-at-the-top-research.pdf
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Question 80

Which sale occurs when the accomplice of the employee-fraudster "buys" merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

Correct Answer: C
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