SOFE SOFA-CFE Exam Actual Questions

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SKU: SOFA-CFE
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The questions for SOFA-CFE were last updated on Oct 3, 2024.

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Question No. 1

Which of the following is the formula for the inventory turnover?

AInventory turnover = Cost of Goods Purchased / Average Inventory

BInventory turnover = Cost of Goods Sold / Average Inventory

CInventory turnover = Cost of Goods Sold / Total Inventory

DInventory turnover = Cost of Goods Purchased / Total Inventory

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Correct Answer: B

Question No. 2

The modification of behavior through the perception of negative sanctions is called:

AEndorsement

BDeterrence

CConsent

DAuthorization

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Correct Answer: B

Question No. 3

What is considered by most professionals to be the cornerstone of an employee reporting program?

AFocus line

BReport Foundation

CHotline

DImputed Reports

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Correct Answer: C

Question No. 4

Which of the following is NOT the type of hotline?

APart-time hotline

BFull-time hotline

CThird-party hotline

DDetective hotline

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Correct Answer: D

Question No. 5

According to Wheelwright; branch of philosophy which is the systematic study of reflective choice, of the standards of right and wrong by which a person is to be guided, and of the goods toward which it may ultimately be directed id called:

AEthics

BMorality

CLegality

DSaintliness

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Correct Answer: A

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