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  • Exam Code: CFE-Financial-Transactions-and-Fraud-Schemes
  • Exam Title: Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam
  • Vendor: ACFE
  • Exam Questions: 186
  • Last Updated: December 18th,2024

Question 1

______ allows the fraud examiner to inspect key attributes on a smaller portion (or sample) of those documents.
Solution:
Statistical sampling

Does this meet the goal?

Correct Answer:A

Question 2

What is sometimes used to overcome well-designed internal controls of a victim company?

Correct Answer:C

Question 3

Which of the following are used in a short term skimming scheme?

Correct Answer:A

Question 4

Which of the following is NOT the method for stealing inventory and other assets?

Correct Answer:D

Question 5

In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.

Correct Answer:D