Exam Code: CFE-Fraud-Prevention-and-Deterrence
Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
Version: V13.25
Q & A: 72 Questions and Answers
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NEW QUESTION: 1
To which of the following types of systems is the concept mean-time-between-failures LEAST applicable?
Response:
A. Radar set.
B. Automobile.
C. Rocket motor.
D. Power generator.
Answer: C
NEW QUESTION: 2
Identify three correct statements about Invoice Approval.
A. Approval rules can be set up at position, job, and supervisory hierarchy levels depending on approval needs.
B. Invoice approval uses Oracle Approval Management to determine who approves invoices and how they will be routed to different approval levels.
C. Invoice approval is required for customer refund payment requests.
D. You can NOT define different approval rules for purchase order matched and unmatched invoice.
E. You can define different approval rules for purchase order matched and unmatched Invoices.
Answer: B,C,D
Explanation:
A: Oracle Fusion Payables supports automatic invoice approval using Approval Management extensions (AMX) of the Oracle SOA Suite and the Oracle Business Process Management (BPM) Suite.
Note: Invoice Approval
If you enable invoice approval, Payables uses the predefined task and rule set FinApInvoiceApproval: InvoiceApprovalRuleSet, which you can configure.
Reference: Fusion Applications help, Approving Invoices: Explained
NEW QUESTION: 3
A new IDS device is generating a very large number of irrelevant events. Which of the following would BEST remedy this problem?
A. Change the IDS filter to data mine the false positives for statistical trending data.
B. Adjust IDS filters to decrease the number of false positives.
C. Adjust IDS filters to increase the number of false negatives.
D. Change the IDS to use a heuristic anomaly filter.
Answer: B
NEW QUESTION: 4
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Answer:
Explanation:
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