ACFE CFE PRACTICE TESTS | RELIABLE CFE EXAM BLUEPRINT

ACFE CFE Practice Tests | Reliable CFE Exam Blueprint

ACFE CFE Practice Tests | Reliable CFE Exam Blueprint

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Tags: CFE Practice Tests, Reliable CFE Exam Blueprint, CFE Pass Test, CFE Reliable Real Exam, CFE Cheap Dumps

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Introduction to ACFE CFE Certification Exam

The accounting profession requires workers to become students throughout their lives, keeping up to date with the latest laws and regulations governing their field. For this reason, many accountants specialize in a sub-area, such as fraud. Fraud costs companies billions of dollars every year, and as criminals get smarter, companies must do it too. To prevent and detect fraud, companies turn to industry experts called Certified Fraud Examiners (CFE).

In the late 1980s, the Association of Certified Fraud Examiners (ACFE) launched the CFE Certification. Since then, fraud examiners around the world have obtained this certification to learn about the best fraud prevention practices and advance their careers. CFEs have specialist accounting skills and a deep understanding of how criminals attempt to defraud businesses.

This article explains what a CFE is and how to become a certified fraud examiner. At the end of the article, you can read an interview with a practicing CFE.

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100% Pass Quiz 2025 ACFE CFE: Certified Fraud Examiner – High-quality Practice Tests

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ACFE Certified Fraud Examiner Sample Questions (Q148-Q153):

NEW QUESTION # 148
_________ normally are carried on an organization's books as expenses because they tend to be consumed by the organization within a year of purchase.

  • A. Equity
  • B. Expenses
  • C. Supplies
  • D. Assets

Answer: C


NEW QUESTION # 149
____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

  • A. False credit slip
  • B. False shipping slip
  • C. Fraudulent inventory slip
  • D. False packing slip

Answer: D


NEW QUESTION # 150
Employees steal an incoming payment and then place the incoming funds in an interest bearing account for:

  • A. Short-term skimming
  • B. Concealing the fraud
  • C. All of the above
  • D. Converting stolen checks

Answer: A


NEW QUESTION # 151
____________ is a process by which a bookkeeper records all transactions and can adjust the books.

  • A. Financial statement
  • B. Journal Entries
  • C. Accounting Cycle
  • D. None of all

Answer: B


NEW QUESTION # 152
People commit financial statement fraud to:

  • A. Maintain personal income
  • B. Conceal false business performances
  • C. Preserve personal status/control
  • D. Stand outside the accounting system

Answer: C


NEW QUESTION # 153
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