Free ACFE CFE Exam Actual Questions

The questions for CFE were last updated On Nov 20, 2024

Question No. 1

Persuasive evidence of an arrangement does not exist when:

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Correct Answer: B

Question No. 2

____________ corrupt employees can cause inventory to be fraudulently delivered to themselves or accomplices.

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Correct Answer: B

Question No. 3

According to accounting principles, ________ and ________ should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

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Correct Answer: A

Question No. 4

Which sale occurs when the accomplice of the employee-fraudster ''buys'' merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

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Correct Answer: B

Question No. 5

Which of the following factors is NOT included in most financial statement schemes?

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Correct Answer: B