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Exam Code: CFE
Exam Name: Certified Fraud ExaminerCertification
Version: V16.75
Q & A: 400 Questions and Answers
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NEW QUESTION: 1
Senior management at a financial institution has received allegations of fraud at its derivatives trading desk and has asked the internal audit activity to investigate and issue a report concerning the allegations. The internal audit activity has not yet developed sufficient proficiency regarding derivatives trading to conduct a thorough fraud investigation in this area. Which of the following courses of action should the chief audit executive (CAE) take to comply with the Standards?
A. Contract with an external certified fraud examiner with derivatives experience to perform the investigation and subsequent reporting, with the chief audit executive approving the scope of the investigation and evaluating the adequacy of the work performed.
B. Request that senior management allow a delay of the fraud investigation until the internal audit activity's on-staff certified fraud examiner is able to obtain the appropriate training regarding the analysis of derivatives trading.
C. Request that senior management exclude the internal audit activity from the investigation completely and instead contract with an external certified fraud examiner with derivatives experience to perform all aspects of the investigation and subsequent reporting.
D. Engage the former head of the institution's derivatives trading desk to perform the investigation and submit a report with supporting documentation to the CAE.
Answer: A
NEW QUESTION: 2
Which of the following is an ARP cache poisoning technique aimed at network switches?
A. DNS Poisoning
B. Mac Flooding
C. Man-in-the Middle Attack
D. Replay Attack
Answer: B
Explanation:
Reference:http://www.watchguard.com/infocenter/editorial/135324.asp(see mac flooding)
NEW QUESTION: 3
Which benefit is an advantage to configuring IPv6 over a circuit transport over MPLS for a client?
A. IPv6 software upgrade for PE routers
B. VPN-like IPv6 cloud isolation
C. fully transparent IPv6 communication
D. only minor modifications are required on the existing MPLS core
Answer: C
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