CFE Valid Dumps Questions | Study CFE Materials & Valid Certified Fraud Examiner Exam Prep - Hospital

ACFE CFE exam
  • Exam Code: CFE
  • Exam Name: Certified Fraud Examiner
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
A component that displays the status of an AJAX update request. An AJAX request can either be in progress or complete.
A. apex:actionStatus
B. apex:inputCheckbox
C. apex:dynamicComponent
D. apex:actionPoller
Answer: A

NEW QUESTION: 2
This occurs when the quantity or quality of project deliverables is expanded from the original project plan.
A. Deliverable expansion
B. Scope creep
C. Deadline extension
D. Scope modification
Answer: B

NEW QUESTION: 3
On January 2, 1993, Quo, Inc. hired Reed to be its controller. During the year, Reed, working closely with Quo's president and outside accountants, made changes in accounting policies, corrected several errors dating from 1992 and before, and instituted new accounting policies.
Quo's 1993 financial statements will be presented in comparative form with its 1992 financial statements.
This question represents one of Quo's transactions. List B represents the general accounting treatment required for these transactions. These treatments are:
* Cumulative effect approach - Include the cumulative effect of the adjustment resulting from the accounting change or error correction in the 1993 financial statements, and do not restate the 1992 financial statements.
* Retroactive or retrospective restatement approach - Restate the 1992 financial statements and adjust 1992 beginning retained earnings if the error or change affects a period prior to 1992.
* Prospective approach - Report 1993 and future financial statements on the new basis but do not restate 1992 financial statements.
Item to Be Answered
Quo changed from FIFO to average cost to account for its raw materials and work in process inventories.
List B (Select one)
A. Prospective approach.
B. Cumulative effect approach.
C. Retroactive or retrospective restatement approach.
Answer: C

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