ACFE CFE-Financial-Transactions-and-Fraud-Schemes Q&A - in .pdf

  • CFE-Financial-Transactions-and-Fraud-Schemes pdf
  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
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  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
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NEW QUESTION: 1
Which two statements are true about IPv6 multicast? (Choose two.)
A. The PIM router with the lowest IPv6 address becomes the DR for the LAN.
B. The IPv6 all-routers multicast group is FF02:0:0:0:0:0:0:2.
C. An IPv6 multicast address is an IPv6 address that has a prefix of FF00::/8.
D. Receivers interested in IPv6 multicast traffic use IGMPv6 to signal their interest in the IPv6 multicast group.
Answer: B,C
Explanation:
Multicast addresses in IPv6 have the prefix ff00::/8.
Well-known IPv6 multicast addresses
Address Description
ff02::1 All nodes on the local network segment ff02::2 All routers on the local network segment
Reference. http://en.wikipedia.org/wiki/Multicast_address

NEW QUESTION: 2
When an auditor increases the assessed level of control risk because certain control activities were
determined to be ineffective, the auditor would most likely increase the:
A. Extent of tests of details.
B. Level of inherent risk.
C. Extent of tests of controls.
D. Level of detection risk.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. As the assessed level of control risk increases, the acceptable level of detection risk
for financial statement assertions decreases. To attain a decreased level of detection risk, greater
assurance is needed from substantive tests. Increasing the extent of tests will provide greater assurance.
Choice "A" is incorrect. Tests of controls are used to assess the level of control risk. Once such
assessment is made, there is no need to perform further tests of controls.
Choice "B" is incorrect. As the assessed level of control risk increases, the acceptable level of detection
risk decreases. In this way, the auditor can keep total audit risk to an acceptable level.
Choice "D" is incorrect. Inherent risk is based on the nature of the assertion and cannot be changed.

NEW QUESTION: 3
An organization is redesigning a 3-tier hierarchical network into a collapsed core. What design issue is a primary
concern per Cisco best practices?
A. feature availability
B. resource utilization
C. services delineation
D. port density
Answer: B

NEW QUESTION: 4
A backup administrator is currently using Veritas NetBackup with DD Boost for backups to a Dell EMC Data Domain system. They want to reduce the frequency of full backups in the environment to improve RPO.
Which backup method would allow them to achieve this goal?
A. DD Boost synthetic backups
B. DD Boost using Open Storage backups
C. DD Boost over Fibre Channel
D. DD Boost VTL backups
Answer: A

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