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

  • Exam Code: CFE-Fraud-Schemes-and-Financial-Crimes
  • Exam Name: Certified Fraud Examiner -Fraud Schemes and Financial Crimes
  • Updated: Oct 04, 2026   Q&As: 355 Questions and Answers
  • Q & A: 355 Questions and Answers

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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Syllabus Topics:
SectionObjectives
Financial Crimes- Money Laundering
  • 1. Placement, layering, integration stages
    - Banking and Payment Fraud
    • 1. Check and credit card fraud
      • 2. Wire fraud and electronic transfers
        Fraud Investigation and Analysis- Evidence collection and documentation
        • 1. Chain of custody principles
          - Data analysis in fraud detection
          • 1. Trend and anomaly identification
            Fraud Schemes- Financial Statement Fraud
            • 1. Revenue recognition manipulation
              • 2. Asset overstatement and liability concealment
                - Asset Misappropriation Schemes
                • 1. Billing and expense reimbursement fraud
                  • 2. Skimming and cash larceny
                    ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes Sample Questions:
                    Question #1

                    Which of the following is the criterion for bid solicitation?

                    • A. To withdraw low bids
                    • B. Containing false statements
                    • C. Allowing the purchaser to discuss possible employment with the contractor
                    • D. To falsify the bid log
                    Reveal Solution  Discussion  0

                    Correct Answer: B  🗳️

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

                    Question #2

                    Which of the following is an example of a technical security control that organizations can use to secure computer systems and communication networks?

                    • A. Penetration testing
                    • B. Data security
                    • C. Application security
                    • D. Human audits
                    Reveal Solution  Discussion  0

                    Correct Answer: C  🗳️

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

                    Question #3

                    Which of the following is NOT one of the information security goals that should be achieved to secure an e- commerce system for users and account holders?

                    • A. Non-repudiation
                    • B. Accuracy of data
                    • C. Authentication
                    • D. Availability of data
                    Reveal Solution  Discussion  0

                    Correct Answer: B  🗳️

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

                    Question #4

                    Which of the following is the MOST ACCURATE statement about the different types of malware?

                    • A. Ransomware is malicious software that locks the operating system and restricts access to data files.
                    • B. A computer worm is a program that appears useful but monitors and logs keystrokes.
                    • C. A Trojan horse is a hidden program that displays advertisements while the computer is operating.
                    • D. Spyware is a software program with instructions executed every time a computer is turned on.
                    Reveal Solution  Discussion  0

                    Correct Answer: A  🗳️

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

                    Question #5

                    A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:

                    • A. Conversion
                    • B. Fiduciary Capacity
                    • C. None of the above
                    • D. Embezzlement
                    Reveal Solution  Discussion  0

                    Correct Answer: B  🗳️

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

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