ACFE Certified Fraud examiner Exam Practice Test

A shell company scheme in which actual goods or services are sold to the victim company is known as:

Which of the following method is NOT used to detect conflicts of interest?

__________ is required if and when officers, executives or other persons in trusted positions become subjects of a criminal indictment.

A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

The fraudsters' interest lies with an employer other than a company.

In which phase of competitive bidding process, fraudsters attempt to influence the selection of a contractor by restricting the pool of competitors from whom bids are sought?

In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.