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Exam Code: CFE-Investigation
Exam Name: Certified Fraud Examiner - Investigation Exam
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Which of the following statements is correct?
A. If one of the assets that would be used by a potential project is already owned by the firm, and if that asset could be leased to another firm if the project is not undertaken, then the net rent that could be obtained should be charged as a cost to the project under consideration.
B. The rent referred to in the other statement is a sunk cost, and as such it should be ignored.
C. In a capital budgeting analysis where part of the funds used to finance the project are raised as debt, failure to include interest expense as a cost in the cash flow statement when determining the project's cash flows will lead to an upward bias in the NPV.
D. The existence of "externalities" reduces the NPV to a level below the value that would exist in the absence of externalities.
E. The preceding statement would be true if "upward" were replaced with "downward."
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The foregone rent is an "opportunity cost" which should be charged to the project under consideration. The cash flows should not take account of interest, because financial costs are dealt with by discounting at the WACC. If interest were deducted to find cash flows, then this cost would be "double counted," and the NPV would be downward biased. Ignoring interest when determining cash flows produces no bias in the NPV whatever. Note also that externalities can be either positive or negative--they tend to be negative if the new project is a substitute for existing products, but positive if the new project is complementary to the firm's other products.
NEW QUESTION: 2
From the User menu, which actions can a user select? (Choose three.)
A. Approve Records
B. Elevate Roles
C. Send Notifications
D. Log Out ServiceNow
E. Impersonate Users
F. Order from Service Catalog
Answer: B,D,E
NEW QUESTION: 3
運用監査の一環として、管理者は、お客様の管理下にあるすべてのセキュリティ責任が適切に実行されていることを示す任務を負います。
次の項目のうち、監査人に提供する責任があるのは顧客ですか? (2つ選択します。)
A. Physical data center access logs
B. Storage device destruction records
C. Xen Hypervisor system logs
D. AWS CloudTrail logs showing API calls
E. Amazon EC2 instance system logs
Answer: B,E
NEW QUESTION: 4
Which of the following involved parties are supported by default for the installed base and installed base items?
There are 3 correct answers to this question.
Response:
A. Sales employee
B. Service technician team
C. Customer
D. Employee responsible
E. Territory manager
Answer: B,C,D
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