ACFE CFE-Fraud-Schemes-and-Financial-Crimes exam dumps : Certified Fraud Examiner -Fraud Schemes and Financial Crimes

  • Exam Code: CFE-Fraud-Schemes-and-Financial-Crimes
  • Exam Name: Certified Fraud Examiner -Fraud Schemes and Financial Crimes
  • Updated: Sep 27, 2026     Q & A: 355 Questions and Answers

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About ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam

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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Corruption Schemes5–10%- Illegal gratuities and extortion
- Bribery and kickbacks
- Conflicts of interest
Topic 2: Asset Misappropriation – Cash Disbursements10–15%- Check and payment tampering
- Billing schemes
- Expense reimbursement schemes
- Payroll schemes
Topic 3: Theft of Data and Intellectual Property5–10%- Safeguarding proprietary information
- Data and IP theft methods
- Corporate espionage
Topic 4: Asset Misappropriation – Cash Receipts5–10%- Cash skimming schemes
- Cash larceny schemes
- Prevention and detection methods
Topic 5: Asset Misappropriation – Non-Cash Assets5–10%- Concealment techniques
- Misuse of assets
- Inventory and equipment theft
Topic 6: Financial Statement Fraud10–15%- Expense and liability understatements
- Timing and disclosure manipulations
- Detection and red flags
- Revenue and asset overstatements
Topic 7: Industry-Specific Financial Crimes15–25%- Cyber-enabled and cryptocurrency fraud
- Healthcare fraud
- Real estate and securities fraud
- Financial institution fraud
- Insurance fraud
Topic 8: Identity Theft1–5%- Prevention and detection
- Types and techniques
Topic 9: Accounting Concepts5–10%- Basic accounting principles
- Internal control fundamentals
- Recording and summarizing transactions
- Financial statements structure

ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes Sample Questions:

Question #1

Which of the following search is used for unusually high incidence of returns and allowances scheme?

  • A. Allowances by vendors
  • B. None of the above
  • C. Disposals of allowances than reorders
  • D. Returns and allowances
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

Which of the following methods is NOT used to detect conflicts of interest?

  • A. Underbillings of assets
  • B. Tips & Complaints
  • C. Review of vendor ownership files
  • D. Interviews with purchasing personnel
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

__________ means that traditional bribery statutes proscribe only payments made to influence the decisions of government agents or employees.

Reveal Solution  Discussion  0

Correct Answer:

Commercial bribery
* Rationale for Correct Answer: Traditional bribery laws historically applied only to government officials . When bribery occurs in the private sector (commercial setting), it is known as commercial bribery . Modern laws and internal company codes address this as well.
* Key Concept: Commercial bribery vs. government bribery.
Reference: ACFE Fraud Examiners Manual (2020 International Edition) , Corruption - Commercial Bribery .

Question #4

A fictitious revenue scheme often results in which of the following situations?

  • A. A lack of accounts receivable written off as bad debt expense
  • B. A low amount of outstanding accounts receivable
  • C. Accounts receivable that are consistently paid several days late
  • D. An increase in accounts receivable that are long overdue
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

When an employee processes a fictitious refund of goods for cash, which of the following consequences occurs?

  • A. The register log matches the amount of cash in the register.
  • B. The victim company's reported inventory balance is understated.
  • C. Merchandise is returned to the company's stockroom.
  • D. The amount of cash in the register remains unchanged.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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