CFE ACFE Certified Fraud Examiner Free Practice Exam Questions (2025 Updated)
Prepare effectively for your ACFE CFE Certified Fraud Examiner certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
Bank statement are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:
Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.
The amount of cash on hand in a register may be compared to the amount showing in the register tape in order to detect _______.
_________ normally are carried on an organization’s books as expenses because they tend to be consumed by the organization within a year of purchase.
____________ is a process by which a bookkeeper records all transactions and can adjust the books.
A running count that records how much inventory should be on hand is referred to:
______________ is required not only for theft, but for procedures to detect errors, avoid waste and insure a proper amount of inventory is maintained.
__________ can be defined as conduct detrimental to the organization and to the employee.
Asset misappropriation schemes were the “middle children” of the study; they were more common than fraudulent statements and more costly than corruption.
Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.
Which of the following is NOT the reason to bribe employees of the purchaser?
If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:
One of the simplest ways to justify unacceptable conduct and avoid guilt feelings is to invent a good reason for ________.
In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.
Bank statement are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:
