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

Questions and Answers: 104

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NEW QUESTION: 1
What would be the primary use case for creating Javascripts in Event Management?
A. To run as part of a remediation workflow for IT alerts that fail to execute
B. To create a customized pull connector to retrieve events on behalf of an event source
C. To automatically populate the Configuration Management Database (CMDB)
D. To parse a nodename out of your raw event data in an event rule
Answer: B

NEW QUESTION: 2
ABC issues 1 million shares from options exercises at $5 and receives $5 million. However, to avoid dilution of EPS, ABC repurchases all of these 1 million shares at the market price of $10. Under GAAP, what amount will ABC report for this transaction?
A. $5 million financing cash inflow.
B. $5 million operating cash inflow.
C. $5 million financing cash outflow.
Answer: C
Explanation:
Under GAAP the firm will report a $5 million net outflow of cash from financing activities (1 million x ($10 - $5)). However, since the options are a form of compensation the cash outflow would be more appropriately categorized as operating cash flow.

NEW QUESTION: 3
Which statement is true about NFS exports in Clustered Data ONTAP?
A. Export policies and rules need to be set at the data Vserver level and export policies are created and
modified by editing /etc/exports on the node with the share.
B. Exports can be either persistent or temporary.
C. Export policies and rules need to be set at the data Vserver level.
D. Export policies are created and modified by editing /etc/exports on the node with the share.
E. Exports can be either persistent or temporary, and export policies and rules need to be set at the data
Vserver level.
Answer: C


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