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ACFE CFE - Financial Transactions and Fraud Schemes Exam Actual Questions
Certified Fraud Examiner - Financial Transactions and Fraud Schemes

CFE - Financial Transactions and Fraud Schemes PDF Dumps
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  • CFE - Financial Transactions and Fraud Schemes Exam Questions
  • Questions: 222 Q&A
  • File Format: PDF Print-able
  • Testing Engine Software:Included
  • Last Updated: 09 May, 2025
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  • Success Rate: 97%
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Passing the ACFE CFE - Financial Transactions and Fraud Schemes (Certified Fraud Examiner - Financial Transactions and Fraud Schemes)

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CFE - Financial Transactions and Fraud Schemes Exam Objectives & Details

As a Certified Fraud Examiner (CFE), you play a crucial role in detecting, preventing, and investigating fraud. The CFE - Financial Transactions and Fraud Schemes exam is an essential step towards earning your CFE designation. This exam focuses on financial transactions and fraud schemes, covering topics such as accounting principles, fraud schemes, money laundering, and forensic analysis.

Exam Objectives:

  • Financial Transactions
  • Accounting Principles
  • Fraud Schemes
  • Money Laundering
  • Investigation
  • Legal Elements of Fraud
  • Forensic Analysis

The CFE - Financial Transactions and Fraud Schemes exam is designed for professionals who want to become experts in fraud prevention, detection, and investigation. This exam is ideal for auditors, investigators, accountants, law enforcement officers, lawyers, and other professionals who want to specialize in financial fraud. Before taking the exam, candidates must have a bachelor's degree or equivalent, plus two years of professional experience in a related field.

Exam Details:

The CFE - Financial Transactions and Fraud Schemes exam consists of 125 multiple-choice questions, and candidates have four hours to complete the exam. The exam is delivered via computer-based testing at designated testing centers. The cost of the exam varies depending on the candidate's location, with prices ranging from $300 to $825. Candidates must score at least 75% to pass the exam.

Related Books:

  • "Financial Statement Fraud: Prevention and Detection" by Zabihollah Rezaee
  • "Fraud Examination" by W. Steve Albrecht, Conan C. Albrecht, and Chad O. Albrecht
  • "Money Laundering: A Guide for Criminal Investigators" by John Madinger and Charles Doyle
  • "Forensic Accounting and Fraud Examination" by Mary-Jo Kranacher, Richard Riley, and Joseph T. Wells
  • "Corporate Fraud Handbook: Prevention and Detection" by Joseph T. Wells
  • "The Psychology of Fraud" by Brian P. Loughman

These books provide in-depth knowledge of the various topics covered in the CFE - Financial Transactions and Fraud Schemes exam. They are an excellent resource for candidates who want to prepare thoroughly for the exam.

In conclusion, the CFE - Financial Transactions and Fraud Schemes exam is an essential step towards earning your CFE designation. This exam covers various topics related to financial transactions and fraud schemes, including accounting principles, fraud schemes, money laundering, and forensic analysis. Professionals who want to specialize in financial fraud prevention, detection, and investigation should take this exam. Candidates must have a bachelor's degree or equivalent, plus two years of professional experience in a related field. To pass the exam, candidates must score at least 75%, and the cost of the exam varies depending on the candidate's location.

It is essential to have a comprehensive understanding of financial transactions, accounting principles, fraud schemes, money laundering, and forensic analysis to pass the CFE - Financial Transactions and Fraud Schemes exam. The exam covers a range of topics, including the investigation of financial fraud, legal elements of fraud, and the detection of fraudulent activities. The exam aims to test your knowledge and skills in detecting, preventing, and investigating financial fraud and related activities.

It is recommended that candidates study the related books mentioned above to prepare for the exam. These books provide a detailed understanding of the topics covered in the exam and are an excellent resource for candidates who want to enhance their knowledge and increase their chances of passing the exam. In addition to reading these books, candidates can take advantage of the various training and review courses offered by the Association of Certified Fraud Examiners (ACFE).

Once you pass the CFE - Financial Transactions and Fraud Schemes exam, you will be recognized as a skilled and knowledgeable professional in the field of fraud prevention and investigation. This certification can enhance your career prospects and open up new job opportunities. With your CFE designation, you will have the necessary skills and expertise to detect, prevent, and investigate financial fraud and related activities.

Overall, passing the CFE - Financial Transactions and Fraud Schemes exam requires a comprehensive understanding of the exam objectives and related topics, as well as preparation and practice. By studying the related books, attending training and review courses, and practicing sample questions, candidates can increase their chances of passing the exam and earning their CFE designation.

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