Free Access to ACFE.CFE-Financial-Transactions-and-Fraud-Schemes.v2025-06-02.q127 with Valid Practice Test (Page 2)

___________ and __________ are used to increase (or decrease) the equity account.

Which of the following scenarios is an example of upcoding?

A.Dr. Johnson, a psychiatrist, regularly sees patients for sessions lasting less then forty minutes, but she submits the claims with a code that indicates the sessions were sixty minutes long.
B.Victor receives payment in exchange for undergoing an unnecessary medical procedure that is then billed to his health care program.
C.Margot inflates a medical bill she is seeking reimbursement for by adding an additional digit to the amount charged.
D.Dr. Hernandez uses four procedure codes when submitting a claim for a coronary bypass he performed that is supposed to be billed using a single procedure code.

What is sometimes used to overcome well-designed internal controls of a victim company?

A voucher is:

A.a mammogram that includes the purchase order that was send to the purchaser, the purchaser invoice listing the benefits and quantity of items purchased, and the internal receiving reports that verify the purchased items have been sold.
B.a figure that includes the sale order that was send to the dealer, the vendor invoice listing the cost and quantity of items sold, and the internal receiving reports that verify the purchased items have been delivered.
C.a report that includes the purchase order that was send to the vendor, the vendor invoice listing the quality and quantity of items purchased, and the external receiving reports that verify the items have been sold.
D.a file that includes the purchase order that was send to the vendor, the vendor invoice listing the cost and quantity of items purchased, and the internal receiving reports that verify the purchased items have been delivered.

Which of the following statements is MOST ACCURATE regarding the methods used for making corrupt payments in corruption schemes?

A.Payers cannot use their credit cards to make corrupt payments because of anti-money laundering rules.
B.Payers often make corrupt payments by selling property to recipients at prices that are higher than the property's market value.
C.Payers' promises of favorable treatment are not considered corrupt payments under bribery laws.
D.Payers often make corrupt payments by providing loans to recipients on favorable terms.

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