ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes : CFE-Financial-Transactions-and-Fraud-Schemes

CFE-Financial-Transactions-and-Fraud-Schemes real exams

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

Exam Name: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam

Updated: Oct 26, 2026

Q & A: 237 Questions and Answers

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The CFE-Financial-Transactions-and-Fraud-Schemes exam attracts everyone from working professionals to first-time certification candidates, and PassTorrent prepares all of them. 237 practice questions with verified answers, layered content for different starting points, and constant updates keep the material aligned with the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes objectives in 2026.

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Overview:

Certification Vendor:ACFE (Association of Certified Fraud Examiners)
Exam Name:Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
Exam Number:CFE-Financial-Transactions-and-Fraud-Schemes
Passing Score:75%
Exam Duration:120–135
Available Languages:German, Arabic, English, Italian, French, Portuguese, Chinese, Spanish
Exam Price:$450 – $695 USD (varies by membership status)
Exam Format:True/False, Multiple Choice
Certificate Validity Period:3 years
Real Exam Qty:100
Related Certifications:CFE-Law
CFE-Fraud-Prevention-and-Deterrence
CFE-Investigation
Recommended Training:CFE Exam Prep Course
Fraud Examiners Manual
Exam Registration:ACFE Official Registration
Sample Questions:Free Download CFE-Financial-Transactions-and-Fraud-Schemes bootcamp pdf
Exam Way:Online remote proctored (Prometric ProProctor) or onsite at Prometric test centers
Pre Condition:ACFE membership; minimum 50 eligibility points (education + professional experience); approved application
Official Syllabus URL:https://www.acfe.com/examoutline

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

SectionWeightObjectives
Basic Accounting and Auditing Concepts15–20%- Internal control frameworks and objectives
- Fundamental accounting principles
- Auditing standards and procedures
- Financial statement components and relationships
Asset Misappropriation – Inventory and Other Assets5–10%- Prevention and detection controls
- Inventory theft and misuse
- Concealment of asset shrinkage
Asset Misappropriation – Fraudulent Disbursements15–20%- Billing schemes
- Register disbursement fraud
- Electronic payment tampering
- Expense reimbursement fraud
- Payroll fraud schemes
Internal Control and Fraud Prevention10–15%- Control testing and evaluation
- Fraud risk assessment
- Design of anti-fraud controls
Asset Misappropriation – Cash Receipts5–10%- Prevention and detection methods
- Cash larceny
- Cash skimming schemes
Corruption Schemes5–10%- Illegal gratuities and extortion
- Bribery and kickbacks
- Conflicts of interest
- Prevention and detection strategies
Other Fraud Schemes10–15%- Identity theft and financial crimes
- Theft of data and intellectual property
- Healthcare fraud
- Insurance fraud
- Procurement and contract fraud
Financial Statement Fraud10–15%- Revenue recognition schemes
- Financial statement analysis techniques
- Asset and liability misrepresentation
- Improper disclosures

CFE-Financial-Transactions-and-Fraud-Schemes Exam FAQ: Straight Answers for Candidates

The ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam includes 100 and runs for 120–135. Practice pacing with the timed modes in the PassTorrent engines so exam-day time pressure feels familiar rather than frightening.

PassTorrent offers a full refund if you take the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Claims require a scan of your enrollment slip and the official Score Report PDF, submitted within 2 days of the exam, and are processed within 7 days. An alternative is available too: exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing shows up within 2 hours.

ACFE membership; minimum 50 eligibility points (education + professional experience); approved application Since requirements can change, verify the current rules on the official ACFE exam page before scheduling.

The official ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes outline organizes the exam into 8 domains. The three largest are Internal Control and Fraud Prevention (10–15%), Asset Misappropriation – Fraudulent Disbursements (15–20%), and Financial Statement Fraud (10–15%). See the full list in the topics section above — the 237 practice questions at PassTorrent address every domain there.

The CFE-Financial-Transactions-and-Fraud-Schemes exam is a ACFE certification exam that measures the skills defined in the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes syllabus shown above. It feeds into these credential paths: CFE-Law, CFE-Investigation, CFE-Fraud-Prevention-and-Deterrence. Candidates range from students to seasoned professionals, and the material at PassTorrent reflects that — 237 practice questions written in accessible language, with verified answers, in PDF, Desktop Test Engine, and Online Test Engine formats.

Yes — ACFE lists these recommended resources for the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam:

After the coursework, reinforce it with the 237 practice questions from PassTorrent — self-paced, so you can use them whenever your schedule allows.

Registration for the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam costs $450 – $695 USD (varies by membership status), and the passing score is 75%. Retakes cost the same again, which is a good reason to measure your readiness with the PassTorrent practice engines before booking.

Online remote proctored (Prometric ProProctor) or onsite at Prometric test centers Book the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam through these official channels:

After booking, the PassTorrent practice questions — delivered by email within 1 minute of purchase — let you start preparing the same day.

The complete ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes preparation set: 237 practice questions in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows with two practice modes and offline access that simulates the real exam; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS, with test history and performance review. A free demo lets you sample everything first, updates are free for 365 days, renewal afterward costs 50% of the standard price, and installations are unlimited.

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

Question #1

The essential elements of a ________ are an actual or constructive taking away of the goods or property of another without the consent and against the will of the owner and with a felonious intent.

  • A. Abuse
  • B. Larceny
  • C. Fiduciary
  • D. None of the above
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

Question #2

Pilar had to purchase computer equipment for ABC Corporation, her employer. Pilar created a shell company, used the shell company to purchase used computer equipment, and then resold that equipment to ABC Corporation at an increased price. This is an example of a:

  • A. Cash larceny scheme
  • B. Need recognition scheme
  • C. Pay and return scheme
  • D. Pass-through scheme
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

Question #3

A fraudster uses a victim's name, government identification number, and birthdate to impersonate the victim and open a credit card account in the victim's name. This scheme can BEST be described as:

  • A. Criminal identity theft
  • B. Traditional identity theft
  • C. Synthetic identity theft
  • D. New account identity theft
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

Question #4

Accounting records are designed to be kept on subjective rather than objective evidence.

  • A. False
  • B. True
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

Question #5

The excess credits (or debits) on the income statement are used to decrease (or increase) the equity account.

  • A. False
  • B. True
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for PassTorrent members. You can sign-up / login (it's free).

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