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Latest ACFE CFE Braindumps, CFE Valid Dumps Book
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The CFE certification exam administered by the ACFE is a rigorous and comprehensive credential that recognizes professionals who have demonstrated expertise in the prevention, detection, and investigation of fraud. Earning a CFE credential requires significant preparation and study, but the benefits of being a CFE are numerous. CFEs are recognized as experts in the field of fraud and are highly sought after by employers. They have the knowledge and skills necessary to help organizations prevent and detect fraud, and they have access to a global network of professionals who share their knowledge and experiences.
The Association of Certified Fraud Examiners (ACFE) is a professional organization that aims to combat fraud through education, research, and certification. One of the most recognized certifications offered by the ACFE is the Certified Fraud Examiner (CFE) designation. The CFE Certification is a prestigious credential that demonstrates a professional's expertise in fraud prevention, detection, and investigation.
ACFE CFE Certification Exam covers a wide range of topics related to fraud examination, including financial transactions and fraud schemes, legal elements of fraud, investigation techniques, and fraud prevention and deterrence. CFE exam is designed to test candidates’ knowledge and skills in these areas, as well as their ability to apply them in real-world situations. Candidates are required to have a minimum of two years of professional experience in a related field, such as accounting, law enforcement, or auditing, before taking the exam.
ACFE Certified Fraud Examiner Sample Questions (Q64-Q69):
NEW QUESTION # 64
The more power a person has over the bidding process, the more likely the person can influence the selection of a supplier.
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 65
Which of the following is NOT the reason to bribe employees of the purchaser?
- A. To ensure bid-splitting
- B. To extend the bid opening date
- C. To falsify the bid log
- D. To ensure receipt of a late bid
Answer: A
NEW QUESTION # 66
According to SAB 104, for the revenue to be typically considered realized or realizable and earned, which of the following criteria is NOT met:
- A. Timings have been met
- B. Services has been rendered
- C. Persuasive evidence of an arrangement exists
- D. Collectability is reasonably assured
Answer: A
NEW QUESTION # 67
Conflict of interest cases are more easily prevented than detected.
Answer: B
Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 68
_________ revenues involve the recording sales of goods or services hat did not occur.
- A. Fictitious or fabricated revenues
- B. Financial revenues
- C. Concealed revenues
- D. Red flag revenues
Answer: A
NEW QUESTION # 69
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