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Pass-Sure CFE Top Questions - Pass CFE Exam
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To be eligible to take the CFE certification exam, candidates must meet certain requirements set by the ACFE. These requirements include having a minimum of a bachelor's degree or equivalent, having at least two years of relevant professional experience, and being a member of the ACFE. Candidates who meet these requirements can apply to take the exam and must pass it within two years of their application being approved.
The benefits of earning a CFE credential are numerous. CFEs are recognized as experts in the field of fraud and are highly sought after by employers in a variety of industries. They have the knowledge and skills necessary to prevent, detect, and investigate fraud, and they can help organizations save millions of dollars in losses due to fraud. CFEs also have access to a global network of professionals who share their knowledge and experiences.
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The Association of Certified Fraud Examiners (ACFE) is a professional organization dedicated to the prevention, detection, and deterrence of fraud, white-collar crime, and other forms of financial misconduct. The ACFE has over 85,000 members worldwide and provides education, resources, and support to its members. One of the most important programs offered by the ACFE is the CFE (Certified Fraud Examiner) Exam.
ACFE Certified Fraud Examiner Sample Questions (Q61-Q66):
NEW QUESTION # 61
CORRECT TEXT
A ____________ can be very costly for an organization to undertake, both in terms of money and time spent.
Answer:
Explanation:
Pending
NEW QUESTION # 62
____________ is a summary of the account balances carried in a ledger.
- A. General journal
- B. Balance sheet
- C. Income statement
- D. Financial statement
Answer: D
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 63
According to a survey, in principal perpetrator, males in a majority of cases, accounting for ___ percent of frauds versus ___ percent in which a female was the primary culprit.
- A. 62 versus 36
- B. None of the above
- C. 62 versus 37
- D. 61 versus 39
Answer: D
NEW QUESTION # 64
Larceny by Fraud or deception means that:
- A. All of the above
- B. Creates or reinforce a false impression
- C. Fails to correct a false impression
- D. Fails to disclose a known lien, adverse claim or other legal impediment
Answer: A
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 65
Which of the following search is used for unusually high incidence of returns and allowances scheme?
- A. Returns and allowances
- B. Allowances by vendors
- C. None of the above
- D. Disposals of allowances than reorders
Answer: A
Explanation:
Section: Investigation
NEW QUESTION # 66
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