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

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  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
HOTSPOT
Identify the area showing the DIMM slots in the image of the motherboard.

Answer:
Explanation:


NEW QUESTION: 2
A Payment Process Request was submitted. Subsequently, the user realized that there are some errors in the payment file.
The payment process was terminated by terminating the payment file.
Which three statements are true?
A. The application sets the status of each payment in the payment file to terminated.
B. The application informs the source product of the terminated documents payable, unlocks the documents, and resets their status so that the documents are available for future selection.
C. The application sets the status of each payment in the payment file to Canceled.
D. The application sets the status of the payment file to Canceled.
E. The application sets the status of the payment file to terminated.
Answer: B,C,E
Explanation:
You can decide to terminate the payment process by terminating the payment file. When you take this action, the application sets the status of the payment file to Terminated and informs the source product of the terminated documents payable. Then, for each payment in the payment file, the application sets the status to Canceled. The source product unlocks the documents and resets their status so that they are available for future selection.
Reference: Fusion Applications Help, Process Payment Files FAQs

NEW QUESTION: 3
Refer to the exhibit.

An entity sells 2,000 bags of product X each year. It has been estimated that the cost of holding one bag of product X is £4.
The cost of placing an order is £250.
where:
Co = cost of placing an order
Ch = cost of holding one unit in inventory for one year
D = annual demand
Calculate the Economic Order Quantity (EOQ) for bags of product X.
Give your answer to the nearest whole number of bags.
Answer:
Explanation:
500 bags

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