CFE - Financial Transactions and Fraud Schemes Exam QuestionsBrowse all questions from this exam

CFE - Financial Transactions and Fraud Schemes Exam - Question 47

Which of the following is the MOST APPROPRIATE technique for detecting a nonconforming goods or services scheme?

A.

Determining if contract costs have exceeded or are expected to exceed the contract value

B.

Comparing the direct and indirect labor account totals from the prior year to the current year

C.

Examining change orders that increase the price of the existing contract

D.

Interviewing procurement personnel about the presence of any red flags

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Correct Answer:

Discussion

3 comments

AML_1234Option: A

Dec 23, 2024

A. Determining if contract costs have exceeded

AML_1234Option: C

Jan 6, 2025

A is wrong the C should be the right one

AML_1234Option: D

Jan 7, 2025

C is wrong the correct is the D