Most Recent ACFE CFE Exam Dumps

Prepare for the ACFE Certified Fraud examiner exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the ACFE CFE exam and achieve success.

The questions for CFE were last updated on Feb 11, 2025.

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Question No. 1

Financial statement fraud is committed by:

AOrganized criminals

BMid and lower level employees

CSenior Management

DAll of the above

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Correct Answer: D

Question No. 2

Bid-rigging scheme occurs when:

Aan employee fraudulently assists a vendor in winning a contract through the competitive bidding process.

Ban employee does not assist a vendor in winning a contract through the competitive bidding process.

Can employee once assists a vendor in winning a contract through a single competitive bidding process.

Dan employee once assists a vendor in winning a contract through a single competitive bidding process.

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Correct Answer: A

Question No. 3

Fill in the Blanks

_________ is defined as a person who works for the victim organization and who is primary culprit

APrincipalperpetrator

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Correct Answer: A

Question No. 4

Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

ATrue

BFalse

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Correct Answer: A

Question No. 5

Which of the following factors is NOT included in most financial statement schemes?

AFictitious revenues

BPersuasive Evidence

CConcealed liabilities and expenses

DImproper asset valuations

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Correct Answer: B

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