Free ACFE CFE Exam Actual Questions

The questions for CFE were last updated On Nov 4, 2024

Question No. 1

Fraudsters use the accounting system as a tool to generate the results they want in ___________ approach:

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Correct Answer: B

Question No. 2

_________ revenues involve the recording sales of goods or services hat did not occur.

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Correct Answer: A

Question No. 3

Revenue is recognized when it is:

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Correct Answer: A

Question No. 4

According to SAB 104, for the revenue to be typically considered realized or realizable and earned, which of the following criteria is NOT met:

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Correct Answer: C

Question No. 5

''Anticipate possible losses and omit potential profits'', this results in:

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Correct Answer: A