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
Exam Code: CFE
Exam Name: Certified Fraud ExaminerCertification
Version: V16.75
Q & A: 400 Questions and Answers
CFE Free Demo download
About ACFE CFE Exam
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NEW QUESTION: 1
Which of the following are not required disclosures under the Performance Presentation Standards?
A. The existence of a minimum asset size for the inclusion in composites.
B. The inclusion of any non-fee paying portfolios in composites.
C. Portfolio size range and percentage of total assets in the same class.
D. Whether balanced portfolio segments are included in single-asset composites.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The existence of a minimum asset size below which portfolios are excluded from a composite must be disclosed. Whether balanced portfolio segments are included in single-asset composites and an explanation of how cash has been allocated among segments must be disclosed. The inclusion of any non-fee-paying portfolios in composites and included in the definition of total firm assets must be disclosed.
Only the number of portfolios, their description, the amount of assets in a composite, the percentage of the firm's total assets the composite represents need be disclosed. The portfolio size range or percentage of total assets in the same class are only recommended, not required disclosures.
NEW QUESTION: 2
Refer to the exhibit.
The data architect informs the business analyst of an additional data source for Customer data. The values
are stored in a different format.
Users do NOT need to display values in the current format for the NewCustomer.
The business analyst has split the 'Customer' column into two new fields in the New Customer table.
Which steps should the business analyst take to finish integrating the new customer records into the
existing visualizations?
A. 1. Click on the NewCustomer table
2. Select Concatenate tables in the '...' option menu
3. Select the Customer table
4. Edit Mappings to align the 'Customer Name' and 'Status' columns from the two tables
5. Remove the remaining third column from the 'New Customer' row
B. 1. Click on the NewCustomer table
2. Select Concatenate tables in the '...' option menu
3. Select the Customer table
4. Edit Mappings to align the 'Customer Name' and 'Status' columns from the two tables
5. Rename the columns to 'Customer Name' and 'Status'
C. 1. Click on the Customer table
2. Select Concatenate tables in the '...' option menu
3. Select the New Customer table
4. Edit Mappings to align the 'Customer Name' and 'Status' columns from the two tables
5. Rename the columns to 'Customer Name' and 'Status'
D. 1. Click on the Customer table
2. Select Concatenate tables in the '...' option menu
3. Select the New Customer table
4. Edit Mappings to align the 'Customer Name' and 'Status' columns from the two tables
5. Remove the remaining third column from the 'New Customer' row
Answer: D
NEW QUESTION: 3
Suspecting fraud, the chief financial officer (CFO) asked the internal audit activity to investigate a significant increase in travel related expenditures. Work was performed by a qualified internal auditor. Following the completion of the engagement, the chief audit executive (CAE) reported to the CFO that no violations were found and no fraud had occurred. According to the Standards, which of the following principles did the CAE violate?
A. Individual objectivity.
B. Due professional care.
C. Organizational independence.
D. Proficiency.
Answer: B
NEW QUESTION: 4
A. Option D
B. Option A
C. Option B
D. Option C
Answer: C
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