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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NEW QUESTION: 1
Which supply chain challenge is addressed by SAP IBP Demand?
Please choose the correct answer.
Response:
A. Inability to respond to short term changes in supply and demand
B. Inability to synchronize supply and demand
C. Inability to arrive consensus demand
D. Inability to understand and shape actual demand
Answer: C

NEW QUESTION: 2
An organization has implemented an Agile development process for front end web application development. A new security architect has just joined the company and wants to integrate security activities into the SDLC.
Which of the following activities MUST be mandated to ensure code quality from a security perspective? (Select TWO).
A. Security requirements are story boarded and make it into the build
B. A security design is performed at the end of the requirements phase
C. tatic and dynamic analysis is run as part of integration
D. Daily stand-up meetings are held to ensure security requirements are understood
E. Security standards and training is performed as part of the project
F. For each major iteration penetration testing is performed
Answer: C,F
Explanation:
SDLC stands for systems development life cycle. An agile project is completed in small sections called iterations. Each iteration is reviewed and critiqued by the project team. Insights gained from the critique of an iteration are used to determine what the next step should be in the project. Each project iteration is typically scheduled to be completed within two weeks.
Static and dynamic security analysis should be performed throughout the project. Static program analysis is the analysis of computer software that is performed without actually executing programs (analysis performed on executing programs is known as dynamic analysis). In most cases the analysis is performed on some version of the source code, and in the other cases, some form of the object code.
For each major iteration penetration testing is performed. The output of a major iteration will be a functioning part of the application. This should be penetration tested to ensure security of the application.

NEW QUESTION: 3
Which of the following are included in the expense ratio of a fund?
I. 12b-1 fees
II. brokerage costs incurred by the fund when it buys and sells securities III. redemption fees
IV. management fees
A. I, II, III, and IV
B. I, III, and IV only
C. I, II, and IV only
D. I and IV only
Answer: D
Explanation:
Explanation/Reference:
Explanation: Of the selections, only 12b-1 fees and management fees are included in the expense ratio of the fund. Brokerage costs that the fund incurs when it buys and sells securities are not included (which is why a fund's turnover ratio is important to consider.) Redemption fees are paid by the shareholder to the fund, so it would not be included in a fund's expense ratio since it is not an expense of the fund.

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