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ACFE Certified Fraud Examiner CFE-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: Jun 30, 2026

Q & A: 355 Questions and Answers

CFE-Fraud-Schemes-and-Financial-Crimes Free Demo download:

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ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes Sample Questions:

1. Which of the following actions could management take to make a company's profits appear stronger than they are?

A) Fabricating product-return liabilities
B) Failing to disclose warranty costs
C) Overstating expenses
D) Understating revenue


2. Ada uses her mother's government identification card to impersonate her mother and obtain health care for herself under her mother's insurance benefits. Which type of patient health care fraud scheme is Ada MOST LIKELY committing?

A) Fictitious claims fraud
B) Multiple claims fraud
C) Third-party fraud
D) Misrepresentations fraud


3. Brenda was a cashier at a retail store. When Brenda's friend shopped at the store, she would take her merchandise to Brenda's cash register. Instead of charging her friend, Brenda would record a No-Sale transaction on the register, and her friend would pretend to pay for the merchandise. Brenda's friend would leave the store without paying for the merchandise, and the two would later divide the merchandise between themselves. This scheme can BEST be described as:

A) A false sale scheme
B) A register disbursement scheme
C) A purchasing and receiving scheme
D) A skimming scheme


4. The most common method of detection in corruption cases is:

A) By accident
B) Tips
C) Internal audits
D) Internal controls


5. Which of the following statements is MOST ACCURATE?

A) Government and public sector organizations have more autonomy in how they practice fraud detection than private sector organizations.
B) Government and public sector organizations might need to conduct and respond to fraud risk assessments more frequently than private sector organizations.
C) Government and public sector organizations can usually accept more fraud risk than private sector organizations because there are no shareholders.
D) Government and public sector organizations are required to reprioritize areas of focus for fraud detection less frequently than private sector organizations.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: B

1 Customer ReviewsCustomers Feedback (* Some similar or old comments have been hidden.)

Passing successfully. my friends want to buy too. any discount?

Grover

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