ACFE CFE Q&A - in .pdf

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NEW QUESTION: 1
How is the letter x in the standard regression equation best described?
A. Coefficient of determination
B. Dependent Variable
C. Independent Variable
D. Constant coefficient
Answer: C
Explanation:
The letters x in the standard regression equation is the independent variable. For example, in a regression to determine the total cost of production, equal units produced. In preparing the annual profit plan for the coming year, Wilkens Company wants to determine the cost behavior pattern of the maintenance costs. Wilkens has decided to use linear regression by employing the equation = a + bx for maintenance costs. The prior year's data regarding maintenance hours and costs, and the results of the regression analysis, are given below and in the opposite column.

NEW QUESTION: 2
A Visualforce controller is a set of instructions that specify what happens when a user interacts with the components specified in associated Visualforce markup, such as when a user clicks a button or link.Controllers also provide access to the data that should be displayed in a page, and can modify component behavior.
A. True
B. False
Answer: B

NEW QUESTION: 3
Which of the following is the MOST useful input for an information security manager when refreshing the organizations security strategy?
A. Results of a red team exercise
B. Results of a vulnerability scan
C. Results of a security pokey review
D. Results of a security risk assessment
Answer: D

NEW QUESTION: 4
You are using a voucher template to create a journal voucher. The template type is Percent.
The template has four lines with the following amounts:
First line: $100
Second line: $200
Third line: S300
Fourth line: $400
When prompted for a voucher amount you enter $2,000.
What is the default amount on the third line of the journal voucher?
A. $150
B. $600
C. $2,000
D. $300
Answer: B
Explanation:
300/1000*2000=600
Note: Percent - Use this template type if the total amount of the expense varies from period to period, such as a
telephone expense that is allocated to several departments. When you use the template, you can enter the amount
of the new transaction. The offset amounts are distributed to the lines according to the percentage of the original
voucher total that is represented by each voucher line.
Reference: Enter and post invoices for recurring expenses [AX 2012]

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