ACFE CFE-Investigation Q&A - in .pdf

  • CFE-Investigation pdf
  • Exam Code: CFE-Investigation
  • Exam Name: Certified Fraud Examiner - Investigation Exam
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Northern Trail Outfitters (NTO) uses Marketing Cloud to connect with its individual consumers, retailers and wholesale buyers, and its corporate apparel customers. Marketing Cloud is currently configured with data extensions containing Store, Order, Product, and Contact information. NTO is in the process of implementing Data Designer and linking its data extensions.
How should consumers, retailers, and wholesale buyers be defined in Data Designer?
A. One-to-One Relationship
B. Many-to-Many Relationship
C. One-to-Many Relationship
D. Population
Answer: A

NEW QUESTION: 2
Refer to the exhibit.

What two facts can be determined from the WLAN diagram? (Choose two)
A. The network diagram represents an ad hoc topology.
B. The network diagram represents an extended service set (ESS).
C. The two access points generally are configured with a common SSID to allow roaming from access point to access point.
D. The area of overlap of the two cells represents a basic service set (BSS).
E. Each access point must have a unique SSID.
Answer: B,C

NEW QUESTION: 3
Which of the following statements concerning audit evidence is correct?
A. The difficulty and expense of obtaining audit evidence concerning an account balance is always a valid
basis for omitting the test.
B. A client's accounting data can be sufficient audit evidence to support the financial statements.
C. To be appropriate, audit evidence should be either reliable or relevant, but need not be both.
D. The measure of the sufficiency of audit evidence lies in the auditor's judgment.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. The measure of the sufficiency of audit evidence lies in the auditor's judgment.
Choice "A" is incorrect. To be appropriate, audit evidence should be both reliable and relevant.
Choice "C" is incorrect. The difficulty and expense of obtaining audit evidence concerning an account
balance is not a valid basis for omitting the test when there is no acceptable alternative procedure.
Choice "D" is incorrect. By itself, a client's accounting data cannot be sufficient audit evidence to support
the financial statements. Sufficient, appropriate external evidence must also be obtained to corroborate
management's assertions.

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