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  • Vendor : ACFE
  • Certifications : Certified Fraud Examiner
  • Exam Name : Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Exam Code : CFE-Financial-Transactions-and-Fraud-Schemes
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
SKU: CFE-Financial-Transactions-and-Fraud-Schemes Categories: ,

Description

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    NEW QUESTION: 1
    Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is $5,000 USD. You have an approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the General Ledger for the obligation type for $1,600 USD. You then cancelled the approved PO line of $400 USD. For November 201b, you created a new invoice by matching to the PO for $2,100 USD.
    Which two statements are true?
    A. As you are matching to a purchase order, the system will allow the user to create an invoice with the reservation status of Reserved.
    B. The system always consumes budget of future periods if the limit for the current period is expired, so December 2015 budget will be considered for reservation.
    C. As there are cancellations for $400 USD, the system will partially reserve the funds in November 2015 and fully reserve it in December 2015.
    D. Purchase order encumbrance will be released for $2100 USD.
    E. Encumbrance entries are created only for nonmatched Invoices, so the system will not create any encumbrance accounting entries.
    Answer: A,B

    NEW QUESTION: 2
    For each of the following statements, select Yes if the statement is true. Otherwise, select No.
    NOTE: Each correct selection is worth one point.

    Answer:
    Explanation:

    Explanation:
    Box 1: Yes
    Most services go to private preview then public preview before being released to general availability.
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    Box 2: No
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    Box 3: No
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    You need to determine which API to use for the database model and type.
    Which two APIs should you use? Each correct answer presents a complete solution.
    NOTE: Each correct selection s worth one point.
    A. Gremlin API
    B. Cassandra API
    C. Table API
    D. SQL API
    E. MongoDB APl
    Answer: A,D

    NEW QUESTION: 4
    The project sponsor has cut the resources required for project completion. The project manager cannot complete the project without additional resources.
    Which of the following should the project manager do to obtain the resources?
    A. The project manager should hire additional resources temporarily to complete the project.
    B. The project manager should terminate the project until additional resources are added to the project.
    C. The project manager should ask the project team members to take on more tasks to complete the project on time.
    D. The project manager should identify and document the reasons for the additional resources in a change request.
    Answer: D


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