ACFE CFE-Financial-Transactions-and-Fraud-Schemes Q&A - in .pdf

  • CFE-Financial-Transactions-and-Fraud-Schemes pdf
  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
The Feature Selection node is used for what reasons? (Choose two.)
A. Selects the best fitting model.
B. Screens input fields for problems such as missing data.
C. Selects the best input fields for model.
D. Ranks the models by importance.
Answer: B,C

NEW QUESTION: 2
How many really suffer as a result of labor market problems ? This is one of the most critical yet contentious social policy questions. In many ways, our social statistics exaggerate the degree of har-ship.
Unemployment does not have the same dire consequences today as it did in the 1930's when most of the unemployed were primary bread-winners, when income and earnings were usually much closer to the margin of subsistence, and when there were no countervailing social programs for those failing in the labor market. Increasing affluence, the rise of families with more than one wage earner, the growing predominance of secondary earners among the unemployed, and improved social welfare protection have unquestionably mitigated the consequences of joblessness. Earnings and income data also overstate the dimensions of hard-ship. Among the millions with hourly earnings at or below the minimum wage level, the overwhelming majority are from multiple-earner, relatively affluent families. Most of those counted by the poverty statistics are elderly or handicapped or have family responsibilities which keep them out of the labor force, so the poverty statistics are by no means an accurate indicator of labor market pathologies.
Yet there are also many ways our social statistics underestimate the degree of labour-market-related hardship. The unemployment counts exclude the millions of fully employed workers whose wages are so low that their families remain in poverty. Low wages and repeated or prolonged unemployment frequently interact to undermine the capacity for self-support. Since the number experiencing job-lessness at some time during the year is several times the number unemployed in any month, those who suffer s a result of forced idleness can equal or exceed average annual unemployment, even though only a minority of the jobless in any month really suffer. For every person counted in the month unemployment tallies, there is another working part-time because of the inability to find full-time work, or else outside the labor force but wanting a job. Finally, income transfers in our country have always focused on the elderly, disabled, and dependent, neglecting the needs of the working poor, so that the dramatic expansion of cash and in kind transfers does not necessarily mean that those failing in the labor market are adequately protected.
As a result of such contradictory evidence, it is uncertain whether those suffering seriously as a result of labor market problems number in the hundreds of thousands or the tens of millions, and hence, whether high levels of joblessness can be tolerated or must be countered by job creation and economic stimulus.
There is only one area of agreement in this debate-that the existing poverty, employment, and earnings statistics are inadequate for one of their primary applications, measuring the consequences of labor market problems.
The author uses "labor market problems' in lines 1-2 to refer to which of the following?
A. Strikes and inadequate supplies of labor
B. Trade relationships among producers of goods
C. Shortages of jobs providing adequate income
D. Deficiencies in the training of the work force
E. The over all causes of poverty
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
Which of the following combinations would not be a likely outcome by combining an interest rate swap with a currency swap?
A. A floating rate in the U.S. dollar swapped for fixing rate in foreign currency.
B. A fixed rate in the U.S. dollar swapped for floating rate in a foreign currency.
C. A fixed rate in the U.S. dollar swapped for floating rate in U.S. dollar.
Answer: C
Explanation:
A fixed rate in U.S. dollar swapped for floating rate in U.S. dollar is just a plain vanilla interest rate swap. Hence, this structure would not involve a currency swap and it would not constitute a correct answer.

NEW QUESTION: 4
Betrachten Sie die folgende Liste von Aussagen zu Audits und Management Reviews:
I. Audits sind in der Regel effektiver als Management-Reviews, wenn es darum geht, Fehler zu finden
II. Audits und Management Reviews haben die gleichen Hauptziele, der einzige Unterschied besteht darin
im Zusammenhang mit den Rollen und dem Grad der Formalität
III. Ein typisches Ergebnis eines Audits sind korrigierende Beobachtungen und Empfehlungen
Aktionen und eine Pass / Fail-Bewertung
IV. Ein Audit ist nicht der geeignete Mechanismus, um es bei der Codeüberprüfung zu erkennen
Mängel vor der dynamischen Prüfung
Welche der folgenden Aussagen ist wahr?
K2 1 Kredit
A. I. and III. are true; II. and IV. are false;
B. I, III and IV are true; II. is false;
C. III. and IV. are true; I and II are false;
D. II. and III are true; I. and IV. are false;
Answer: C

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