ACFE CFE-Fraud-Prevention-and-Deterrence Q&A - in .pdf

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  • Exam Code: CFE-Fraud-Prevention-and-Deterrence
  • Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
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NEW QUESTION: 1
Which statement about Cisco FabricPath is true?
A. It optimizes STP throughout the Layer 2 network.
B. It is the best solution for interconnecting multiple data centers.
C. The Cisco FabricPath domain appears as a single STP bridge, where each edge port uses the same MAC address.
D. It is a simplified extension of Layer 3 networks across a single data center.
Answer: C

NEW QUESTION: 2
The Receipt Inherit Invoice Number option affects only receipts created by _____.
A. The AutoLockbox program
B. Oracle Cash Management
C. Oracle Trade Management
D. The Automatic Receipts program
Answer: D

NEW QUESTION: 3
Under the uniform capitalization rules applicable to property acquired for resale, which of the following
costs should be capitalized with respect to inventory if no exceptions are met?

A. Option C
B. Option B
C. Option A
D. Option D
Answer: D
Explanation:
Explanation
Choice "d" is correct. Under the uniform capitalization rules, purchasers of inventory for resale may
deduct their marketing costs but must capitalize their off-site storage costs.
Choices "a", "b", and "c" are incorrect. Marketing costs are deductible, but off-site storage must be
capitalized.

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