ACFE CFE-Law Q&A - in .pdf

  • CFE-Law pdf
  • Exam Code: CFE-Law
  • Exam Name: Certified Fraud Examiner
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
A limit order is best describes as an order:
A. to buy at a specific price or lower
B. to be executed at a specific price or better
C. to sell at a specific price or higher
D. that is in effect for only one day
Answer: B
Explanation:
Explanation/Reference:
Explanation: to be executed at a specific price or better. Choice A is only a buy limit order and choice B is only a sell limit order. Choice C is the correct definition of a "limit order".

NEW QUESTION: 2
HOTSPOT


Answer:
Explanation:

Explanation:

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NEW QUESTION: 3
Which of the following processes is NOT a part of the Project Procurement Management Knowledge Area?
A. Contract Administration
B. Plan Purchases and Acquisitions
C. Develop Project Management Plan
D. Request Seller Responses
Answer: C

NEW QUESTION: 4
Which is true of a leptokurtic distribution?
I). It will be more peaked than the normal distribution.
II). It will have thinner tails than the normal distribution.
III). It will be less peaked than the normal distribution.
IV). It will have fatter tails than the normal distribution.
A. I and II.
B. III and IV.
C. I and IV.
Answer: C
Explanation:
I and IV are true of leptokurtic distributions. This is also called having "excess kurtosis." II and III are characteristic of platykurtic distributions.

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