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Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes

Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
Suppose the economy of Carnivalland can produce either 6 corn dogs or 3 toy animals per day while the economy of Fairland can produce either 8 corn dogs or 16 toy animals per year. Then ________ has a comparative advantage in the production of corn dogs while _______ has a comparative advantage in the production of toy animals.
A. Carnivalland, Fairland
B. Fairland, Carnivalland
C. Fairland, Fairland
Answer: A
Explanation:
In Carnivalland, the opportunity cost of 1 corn dog is 1/2 of a toy animal, while in Fairland, the opportunity cost of 1 corn dog is 2 toy animals. Thus, since Carnivalland has to give up fewer toy animals per corn dog, they have a comparative advantage

NEW QUESTION: 2
Which of the interface that Huawei All in One Solution could support? (Multiple Choice)
A. WIFI
B. G.703 64K
C. E&M
D. RS232
Answer: A,B,C

NEW QUESTION: 3
A company is interested in providing customers with incentives to try its store branded products instead of name branded products. Through a loyalty program, customers share their purchase information with the company and are rewarded with loyalty points.
Which two data points are necessary to meet the requirements? (Choose two.)
A. Product Categories
B. Household size
C. Price data
D. Zip codes
E. Rewards ID
Answer: A,C

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