Free Sales Ending Soon - Use Real CFE PDF Questions [Jun 20, 2026]
Updated Jun-2026 Exam CFE Dumps - Pass Your Certification Exam
To be eligible for the CFE certification exam, candidates must meet specific educational and professional requirements. These include holding a bachelor's degree or equivalent, having at least two years of professional experience in a related field, and being a member of the ACFE. Once a candidate has passed the CFE exam, they must maintain their certification by meeting continuing education requirements and adhering to ethical standards set by the ACFE.
NEW QUESTION # 52
___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.
- A. Payable cash
- B. Payable checks
- C. Cash advances
- D. counterfeit checks
Answer: C
NEW QUESTION # 53
Persuasive evidence of an arrangement does not exist when:
- A. Revenue and corresponding expenses doesn't match each other.
- B. No written or verbal agreement exists.
- C. Timings not meet properly
- D. Capitalized expenses and Liabilities will not be up to satisfied level
Answer: B
Explanation:
Explanation/Reference:
NEW QUESTION # 54
Which of the following are not of Basic types of non-sharable problems?
- A. Business reversals
- B. Physical Isolation
- C. Larceny by Fraud
- D. Violation of ascribed obligations
Answer: C
NEW QUESTION # 55
Which counts sometimes can give rise to inventory theft detection?
- A. Perpetual inventory counts
- B. Physical inventory counts
- C. None of the above
- D. Concealment inventory counts
Answer: B
NEW QUESTION # 56
"Anticipate possible losses and omit potential profits", this results in:
- A. Asymmetrical accounting
- B. Playing accounting
- C. Symmetrical accounting
- D. Bearing accounting
Answer: A
NEW QUESTION # 57
Skimming is:
- A. The removal of cash from a victim entity after its entry in an accounting system.
- B. The addition of cash from a victim entity prior to its entry in an accounting system.
- C. The removal of cash from a victim entity prior to its entry in an accounting system.
- D. None of above
Answer: C
NEW QUESTION # 58
In ___________ scheme, an employee creates false vouchers or submits false invoices to the employer.
- A. Cash generating
- B. Sale requisition
- C. Purchase requisition
- D. Voucher handling
Answer: A
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 59
When employee committing the fraud removes cash from the register and also the item allegedly being returned is debited back into the inventory, this refers to:
- A. Registry destroying records
- B. Register false voids
- C. Fraudulent register occurrences
- D. Concealing register disbursement
Answer: D
NEW QUESTION # 60
Depreciation is especially applicable when companies try to overvalue their assets and net worth; the lower their depreciation expense, the higher the company's profits.
- A. True
- B. False
Answer: A
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 61
Which of the following can constitute a bribe, even if the illicit payment is never actually made?
- A. Corruption in payment
- B. Offering a payment
- C. kickback payment
- D. Overbilling in payment
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 62
Persuasive evidence of an arrangement does not exist when:
- A. Revenue and corresponding expenses doesn't match each other.
- B. No written or verbal agreement exists.
- C. Timings not meet properly
- D. Capitalized expenses and Liabilities will not be up to satisfied level
Answer: B
NEW QUESTION # 63
Which counts sometimes can give rise to inventory theft detection?
- A. Perpetual inventory counts
- B. Physical inventory counts
- C. None of the above
- D. Concealment inventory counts
Answer: B
NEW QUESTION # 64
Bank statement are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:
- A. Account analysis
- B. Check tampering
- C. Check disbursement controls
- D. Bank reconciliation
Answer: C
NEW QUESTION # 65
Inventory shrinkage is the unaccounted-for reduction in the company's inventory that does not results from theft.
- A. True
- B. False
Answer: B
NEW QUESTION # 66
Which of the following is not the skimming scheme?
- A. Unrecorded sales
- B. Understand sales and receivables
- C. Fraud & Cost
- D. Theft of checks through the mail
Answer: C
NEW QUESTION # 67
By removing a tangible asset from the business (a debit), the books will be ___________ by the exact amount of the tangible asset misappropriated.
- A. None of all
- B. Out-of-balance
- C. Journal Entries
- D. False debits
Answer: B
NEW QUESTION # 68
What is sometimes used to overcome well-designed internal controls of a victim company?
- A. Shell company
- B. Rubber stamp supervisors
- C. Fraudulent invoices
- D. Collusion
Answer: D
NEW QUESTION # 69
A process by which several bidders conspire to split contracts up and ensure that each gets a certain amount of work is called:
- A. Fictitious Bidding
- B. Bid opening
- C. Bid log
- D. Bid pooling
Answer: D
NEW QUESTION # 70
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.
- A. Income statement and Long-term contracts
- B. Capitalized expenses and Liabilities
- C. Revenue and Income statement
- D. Revenue and corresponding expenses
Answer: D
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 71
Maintain the presence of a manager or supervisor near the area of the cash register as a deterrent to theft is a prevention for:
- A. Larceny scheme
- B. Register disbursement scheme
- C. Fraudulent statement scheme
- D. Asset misappropriation scheme
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 72
Revenue is recognized when it is:
- A. Realized and Evidenced
- B. Fictitious and Earned
- C. All of the above
- D. Realized and Earned
Answer: D
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 73
In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.
- A. Outside accounting system
- B. Playing the accounting
- C. Organized accounting
- D. Beating accounting
Answer: A
NEW QUESTION # 74
One final means of concealing a register scheme, as with many kinds of fraud, is to destroy all records of the transaction.
- A. True
- B. False
Answer: A
NEW QUESTION # 75
Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:
- A. Tangible Assets
- B. None of above
- C. Intangible Assets
- D. Forced Assets
Answer: C
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 76
The amount of cash on hand in a register may be compared to the amount showing in the register tape in order to detect _______.
- A. Occupational frauds
- B. Recorded sales
- C. Internal audits
- D. Employee theft
Answer: D
Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 77
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