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ACFE CFE Dumps - Pass Exam and Get Career Benefits

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ACFE CFE examination is a rigorous test that covers a wide range of topics related to fraud prevention, detection, and investigation. CFE exam consists of 500 multiple-choice questions that are divided into four sections: Fraud Prevention and Deterrence, Financial Transactions and Fraud Schemes, Investigation, and Law. CFE Exam is administered in a computer-based format and takes approximately eight hours to complete.

ACFE Certified Fraud Examiner Sample Questions (Q103-Q108):

NEW QUESTION # 103
When employees avoid detection in a refund scheme to keep the sizes of the disbursement low, is referred to:

A. Very small disbursements
B. None of the above
C. Simple disbursements
D. Small disbursements

Answer: D

NEW QUESTION # 104
Which of the following factors is NOT included in most financial statement schemes?

A. Fictitious revenues
B. Improper asset valuations
C. Persuasive Evidence
D. Concealed liabilities and expenses

Answer: C

Explanation:
Section: Financial Transactions and Fraud Schemes

NEW QUESTION # 105
Most of the shell company schemes involve the purchase of goods rather than services.

A. False
B. True

Answer: A

NEW QUESTION # 106
Another way to eliminate competition in the solicitation phase of the selection process is to:

A. Solicit bid from fictitious suppliers
B. Solicit bid-splitting from fictitious vendors
C. Solicit transaction from fictitious vendors
D. None of the above

Answer: A

NEW QUESTION # 107
In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.

A. Organized accounting
B. Playing the accounting
C. Outside accounting system
D. Beating accounting

Answer: C

Explanation:
Section: Financial Transactions and Fraud Schemes

NEW QUESTION # 108
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