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- Total Questions:275
- Updated on:Apr 16, 2026
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- Total Questions: 275 Q&A's
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ACFE CFE-Fraud-Prevention-and-Deterrence - Certified Fraud Examiner Practice Exam
- Certification Provider:ACFE
- Exam Code:CFE-Fraud-Prevention-and-Deterrence
- Exam Name:Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
- Certification Name:Certified Fraud Examiner
- Total Questions:275 Questions and Answers With Detailed Explanations
- Updated on:Based on the current CFE-Fraud-Prevention-and-Deterrence exam blueprint. Updated on Apr 16, 2026
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ACFE CFE-Fraud-Prevention-and-Deterrence This Week Results
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Students Passed22
Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
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Average Marks86%
In Real Exam At Testing Centre
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same from this dump86%
Exact Questions as in Real Exam Word by Word
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Total Questions275
ACFE CFE-Fraud-Prevention-and-Deterrence Questions and Answers
CFE-Fraud-Prevention-and-Deterrence Question and Answers
Which of the following Is NOT Included In Ihe five fraud risk management principles described In Fraud Risk Management Guide, a joint publication by COSO and the ACFE?
Which of the following is NOT one of the three elements that have the most influence on crime according to the routine activities theory?
Which of the following Is FALSE regarding a fraud risk assessment?
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CFE-Fraud-Prevention-and-Deterrence FAQs
The ACFE CFE credential stands for Certified Fraud Examiner. It's a globally recognized professional designation that signifies expertise in fraud prevention, detection, deterrence, and investigation. Earning the CFE credential demonstrates a high level of knowledge and skill in the anti-fraud field, leading to increased career opportunities and credibility.
The CFE exam tests knowledge in four core sections:
- Financial Transactions and Fraud Schemes: Understanding different fraud schemes and how they manipulate financial transactions.
- Law: Knowledge of relevant laws and regulations related to fraud.
- Investigations: Skills required to conduct effective fraud investigations.
- Fraud Prevention and Deterrence: Strategies to prevent fraud from occurring and deterring potential fraudsters.
Yes, the Fraud Prevention and Deterrence section has a specific focus. It delves into understanding why people commit fraud and how to prevent it from happening in the first place. This includes studying areas like:
- Developing strong corporate governance.
- Implementing anti-fraud programs.
- Performing fraud risk assessments.
The Fraud Triangle is a model that identifies three key elements that can contribute to fraud:
- Opportunity: When someone has the chance to commit fraud due to weak internal controls or unsupervised access.
- Pressure: Financial pressure, job insecurity, or a desire for extravagant living can motivate someone to commit fraud.
- Rationalization: People may try to justify their actions through various means, like believing they deserve the money or the company won't miss it.
Red flags are indicators that suggest a higher risk of fraud being present. They can be anomalies in financial statements, unusual employee behavior, or weaknesses in a company's control environment. Identifying and investigating red flags promptly can help prevent fraud or detect it early on.
Common examples of red flags include:
- Unexplained fluctuations in financial accounts.
- An employee living beyond their apparent means.
- Reluctance to take vacations or unexpected changes in leave requests.
- Difficulty in reconciling accounts payable or receivable.
The CFE exam is typically 4 hours long and consists of multiple-choice questions. The exact number of questions can vary slightly from year to year.
Eligibility requirements for the CFE exam include having a bachelor's degree, relevant work experience in fraud or a related field, and meeting character, ethics, and continuing professional education requirements set by the ACFE. You can find the full details on the ACFE website.
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