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

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

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

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

Updated: Oct 14, 2026

Q & A: 355 Questions and Answers

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

Certification Vendor:Association of Certified Fraud Examiners (ACFE)
Exam Name:Certified Fraud Examiner (CFE) Exam – Fraud Schemes and Financial Crimes
Exam Number:CFE-FSFC
Real Exam Qty:100 (per section)
Passing Score:75%
Related Certifications:Certified Fraud Examiner (CFE)
Available Languages:English
Certificate Validity Period:No fixed expiration (requires ongoing CPE compliance to maintain certification)
Exam Format:Computer-based testing, Multiple choice
Exam Duration:120 minutes
Sample Questions:Free Download CFE-Fraud-Schemes-and-Financial-Crimes bootcamp pdf
Exam Way:Computer-based, available via online proctoring or authorized testing centers
Pre Condition:Eligibility typically requires either a combination of education (bachelor's degree or equivalent) and fraud-related professional experience (commonly 2 years), plus ACFE membership and passing all four CFE exam sections.
Official Syllabus URL:https://www.acfe.com

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

SectionObjectives
Financial Crimes- Corruption Schemes
  • 1. Bribery
    • 2. Kickbacks
      • 3. Conflicts of interest
        - Financial Statement Fraud
        • 1. Expense understatement
          • 2. Asset overstatement
            • 3. Revenue manipulation
              - Money Laundering
              • 1. Integration stage
                • 2. Layering stage
                  • 3. Placement stage
                    Fraud Schemes- Fraudulent Disbursements
                    • 1. Billing shell companies
                      • 2. Billing schemes
                        • 3. Check tampering
                          - Asset Misappropriation Schemes
                          • 1. Expense reimbursement fraud
                            • 2. Inventory and asset theft
                              • 3. Payroll fraud
                                • 4. Cash theft and skimming

                                  ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam: Worthy Answers

                                  120 minutes for 100 (per section) questions. Whatever your level, daily timed practice with the PassTorrent material builds the pacing you need.

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                                  Yes — have a thorough view of the free ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes demos for an experimental trial before purchasing. Purchases include 365 days of free updates by email, plus discounts on second purchases; renew afterward at 50% off.

                                  The ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes is ACFE's certification exam for Certified Fraud Examiner, at the Professional level. In drastic competition, the certificate is an explicit demonstration of your knowledge. Related credentials include Certified Fraud Examiner (CFE).

                                  The ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes blueprint spans 2 domains — including Financial Crimes, Fraud Schemes. Progress domain by domain at your own level; the complete outline above lists every subtopic.

                                  Eligibility typically requires either a combination of education (bachelor's degree or equivalent) and fraud-related professional experience (commonly 2 years), plus ACFE membership and passing all four CFE exam sections. Eligibility rules change over time, so verify the current requirements on the official page (official CFE-Fraud-Schemes-and-Financial-Crimes exam page) before registering.

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

                                  Question #1

                                  According to a survey, in principal perpetrator cases, males were the primary culprit in a majority of cases, accounting for ___ percent of frauds versus ___ percent for females.

                                  • A. 62 versus 36
                                  • B. None of the above
                                  • C. 61 versus 39
                                  • D. 62 versus 37
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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

                                  Question #2

                                  Aleksander, a Certified Fraud Examiner (CFE), is attempting to identify potential indicators of intrusion into his organization's computer network. Which of the following signs might indicate that an intrusion has occurred?

                                  • A. Network users receive data from a country where one of the organization's clients is located.
                                  • B. Members of leadership receive a reminder to change their login passwords before they expire.
                                  • C. Users are denied access to network files they typically use in their organizational role.
                                  • D. Updates are automatically installed to the operating systems of computers on the network.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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

                                  Question #3

                                  It is recommended for businesses to take which of the following measures to prevent identity theft?

                                  • A. Create employee identification numbers that match employees' government identification numbers.
                                  • B. Limit permissions for accessing customers' personal information to management-level employees or higher.
                                  • C. Encrypt the personal information of employees and customers sent via the company's wireless network.
                                  • D. Refrain from auditing the company's practices involving the handling of information unless required by regulators.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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

                                  Question #4

                                  Aja is implementing measures to help ABC Company detect signs that its proprietary information has been stolen. Which of the following practices would be MOST HELPFUL for Aja to implement?

                                  • A. Assess how frequently employees are accessing the data that they have been provided permission to access.
                                  • B. Monitor competitor websites to determine product release dates and how often new products are launched.
                                  • C. Identify any employees leaving the company who have downloaded an unusually large number of data files.
                                  • D. Conduct regular online searches for competitor financial information that indicates abnormal success.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

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

                                  Question #5

                                  The _______________ cost method of pricing would carry an asset's value on the financial statements as what it would currently cost, considering inflation.

                                  Reveal Solution  Discussion  0

                                  Correct Answer:

                                  Price-level adjusted historical cost
                                  * Rationale for Correct Answer: The price-level adjusted historical cost method adjusts the original purchase price of an asset for inflation, providing a more current value while still tied to historical cost principles. It addresses one of the limitations of strict historical cost accounting.
                                  * Key Concept: Inflation adjustments in asset valuation.
                                  Reference: ACFE Fraud Examiners Manual (2020 International Edition) , Accounting Concepts - Alternative Valuation Methods .

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