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CFE-Financial-Transactions-and-Fraud-Schemes

Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes

Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
What is a description of Governance?
A. How IT resources will be used to meet goals and deliver business value
B. Possible adverse impacts on reaching goals and can arise from actions taken or not taken
C. a process that ensures individuals are aware of regulations, policies, and procedures that must be followed as a result of senior management decisions
D. Who holds the authority to make decisions, determines accountability for actions and responsibility for outcomes, and addresses how expected performance will be evaluated
Answer: D

NEW QUESTION: 2
Entity UK has 6,000 shares of 5% cumulative, US $100 par value preference shares outstanding and 200,000 ordinary shares outstanding. The board of directors last declared dividends for the year ended May 31, Year 1, and there were no dividends in arrears. For the year ended May 31 . Year 3, UK had profit of US $1.750.000. The board of directors is declaring a dividend for ordinary shareholders equivalent to 20% of profit.
The total amount of dividends to be paid by UK at May 31, Year 3, is
A. US $410,000
B. US $206,000
C. US $350,000
D. US $380,000
Answer: A
Explanation:
If an entity has cumulative preference shares, all preference dividends for the current and any unpaid prior years must be paid before any dividends can be paid on ordinary shares. The total preference dividends that must be paid equal US $60, 0006, 000 share, X $100 pare 5% e 2 years), and the ordinary dividend is US $350,000 $1,750.000 x 20 %), for a total of US $410,000.

NEW QUESTION: 3
Refer to the exhibits on the Exhibit 1 and Exhibit 2 tabs.
Exhibit 1.

Exhibit 2.

A company has three HP VAN SDN Controllers deployed in a team with the settings shown in the exhibits.
What is the correct OpenFlow controller configuration for the OpenFlow instance on the switch with IP address 10.1.1.252?
A. one controller with IP address 192.113.23.29 <!--[if results id is 5 digits, insert code here in this format x.xx.xx after the 6, if results id is 6 digits insert code after 192.1 in this format xx.xx.xx]
B. one controller with IP address 192.168.56.16
C. three controllers with IP addresses 192.168.56.14, 192.168.56.15, and 192.168.56.16
D. one controller with IP address 192.168.56.14
E. two controllers with IP addresses 192.168.56.14 and 192.168.56.16
Answer: C
Explanation:
Explanation/Reference:
A team requires one IP address for each controller, plus one IP address that represents the team as a whole.
Each network device must be configured to connect to the IP addresses of all the controllers in the team, but not to the team IP address.
References: HP VAN SDN Controller 2.5 Administrator Guide, page 105
http://h20628.www2.hp.com/km-ext/kmcsdirect/emr_na-c04647289-8.pdf

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