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CFE-Fraud-Prevention-and-Deterrence Exam Dumps : Certified Fraud Examiner - Fraud Prevention and Deterrence Exam

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ACFE CFE-Fraud-Prevention-and-Deterrence Exam Dumps FAQs

Q. # 1: What is the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence Exam is a certification exam for professionals aiming to become Certified Fraud Examiners (CFE). It tests knowledge in fraud prevention, detection, and deterrence.

Q. # 2: Who should take the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence Exam is ideal for professionals seeking careers in fraud examination, forensic accounting, internal auditing, or loss prevention. It's also valuable for accountants, investigators, and anyone working in fraud-sensitive environments.

Q. # 3: What topics are covered in the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam covers four main areas: Financial Transactions and Fraud Schemes, Law, Investigation, and Fraud Prevention and Deterrence.

Q. # 4: How many questions are on the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam consists of 400 multiple-choice questions, divided into four sections of 100 questions each.

Q. # 5: What is the duration of the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam duration is 2 hours.

Q. # 6: What is the passing score for the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

A passing score is 75% or higher on each section of the ACFE CFE-Fraud-Prevention-and-Deterrence exam.

Q. # 7: What is the difference between ACFE CFE-Fraud-Prevention-and-Deterrence and CFE-Law Exams?

The ACFE CFE-Fraud-Prevention-and-Deterrence and CFE-Law exams are both part of the Certified Fraud Examiner (CFE) certification, but they focus on different areas of fraud examination. Here are the key differences:

  • ACFE CFE-Fraud-Prevention-and-Deterrence Exam: The ACFE CFE-Fraud-Prevention-and-Deterrence Exam covers principles and techniques related to preventing and deterring fraud. It includes topics such as fraud risk assessment, fraud prevention programs, and fraud detection techniques.
  • ACFE CFE-Law Exam: The ACFE CFE-Law Exam concentrates on the legal aspects of fraud examination. It covers laws and regulations related to fraud, legal procedures, and the rights of individuals involved in fraud investigations.

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Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Questions and Answers

Question 1

According to the routine activities theory, all of the following are important elements that influence crime EXCEPT:

Options:

A.

The presence of motivated offenders

B.

The lack of accountability for misdeeds

C.

The absence of capable guardians

D.

The availability of suitable targets

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Question 2

Rosie, a Certified Fraud Examiner (CFE), conducted a fraud examination for her company that led to a confession of guilt from Dean. Which of the following statements in Rosie's verbal report to management would violate the ACFE Code of Professional Ethics?

Options:

A.

"The evidence does not support Dean's confession."

B.

"Dean is guilty of embezzlement."

C.

"Dean's confession is supported by the evidence."

D.

"Dean confessed to embezzlement."

Question 3

In identifying the inherent fraud risks that could apply to the organization, the fraud risk assessment team should discuss:

Options:

A.

The organization's incentive programs

B.

The possibility of management's override of controls

C.

Risks to the organization's reputation

D.

All of the above