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Latest ACFE CFE-Financial-Transactions-and-Fraud-Schemes Practice Questions BY Good

Question 1

The essential elements of a ________ are an actual or constructive taking away of the goods or property of another with the without the consent and against the will of the owner and with a felonious intent.

  • A. Larceny
  • B. Abuse
  • C. Fiduciary
  • D. None of the above
Question 2

__________ are the amounts which are owned to other entities:

  • A. Supplies
  • B. Expenses
  • C. Assets
  • D. Liabilities