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- Total Questions: 237
- Updated on: Oct 12, 2026
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- Total Questions: 237
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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Overview:
| Certification Vendor: | ACFE (Association of Certified Fraud Examiners) |
|---|---|
| Exam Name: | Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam |
| Exam Number: | CFE-Financial-Transactions-and-Fraud-Schemes |
| Exam Duration: | 120–135 |
| Certificate Validity Period: | 3 years |
| Exam Price: | $450 – $695 USD (varies by membership status) |
| Exam Format: | True/False, Multiple Choice |
| Real Exam Qty: | 100 |
| Available Languages: | Spanish, Arabic, French, Chinese, Portuguese, English, German, Italian |
| Passing Score: | 75% |
| Related Certifications: | CFE-Fraud-Prevention-and-Deterrence CFE-Law CFE-Investigation |
| Recommended Training: | CFE Exam Prep Course Fraud Examiners Manual |
| Exam Registration: | ACFE Official Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online remote proctored (Prometric ProProctor) or onsite at Prometric test centers |
| Pre Condition: | ACFE membership; minimum 50 eligibility points (education + professional experience); approved application |
| Official Syllabus URL: | https://www.acfe.com/examoutline |
ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Other Fraud Schemes | 10–15% | - Procurement and contract fraud - Identity theft and financial crimes - Healthcare fraud - Insurance fraud - Theft of data and intellectual property |
| Asset Misappropriation – Inventory and Other Assets | 5–10% | - Prevention and detection controls - Concealment of asset shrinkage - Inventory theft and misuse |
| Basic Accounting and Auditing Concepts | 15–20% | - Auditing standards and procedures - Internal control frameworks and objectives - Financial statement components and relationships - Fundamental accounting principles |
| Internal Control and Fraud Prevention | 10–15% | - Control testing and evaluation - Fraud risk assessment - Design of anti-fraud controls |
| Asset Misappropriation – Fraudulent Disbursements | 15–20% | - Register disbursement fraud - Electronic payment tampering - Expense reimbursement fraud - Billing schemes - Payroll fraud schemes |
| Corruption Schemes | 5–10% | - Conflicts of interest - Illegal gratuities and extortion - Prevention and detection strategies - Bribery and kickbacks |
| Asset Misappropriation – Cash Receipts | 5–10% | - Prevention and detection methods - Cash larceny - Cash skimming schemes |
| Financial Statement Fraud | 10–15% | - Financial statement analysis techniques - Improper disclosures - Asset and liability misrepresentation - Revenue recognition schemes |
What Candidates Ask About the ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam
The ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes blueprint spans 8 domains — including Financial Statement Fraud (10–15%), Asset Misappropriation – Fraudulent Disbursements (15–20%), Other Fraud Schemes (10–15%). Spend your hours where the percentages are; the full outline above lists every subtopic.
Yes:
After any official course, verify retention with the 237 practice questions for the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes — scored simulation shows what lectures can't.
$450 – $695 USD (varies by membership status) per attempt, 75% to pass. Retakes bill the full fee again, so make the first attempt the prepared one — rehearse with the 237 practice questions from ActualTestsIT until the mark is comfortably behind you.
Through the vendor's official channels:
The ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes is delivered Online remote proctored (Prometric ProProctor) or onsite at Prometric test centers — choose the option that fits your schedule.
120–135 for 100 questions. Train the pace, don't guess it: the ActualTestsIT software and online engines simulate the real test scene and score your performance, so exam day holds no surprises.
ACFE membership; minimum 50 eligibility points (education + professional experience); approved application Vendors adjust eligibility rules over time — verify the current requirements on the official page (official CFE-Financial-Transactions-and-Fraud-Schemes exam page) before registering.
Files first: payment triggers an automatic email within a minute — download on unlimited devices, and contact our round-the-clock team if nothing arrives within 2 hours (check spam). Failure is covered: take the corresponding CFE-Financial-Transactions-and-Fraud-Schemes exam within 60 days of purchase, and if you don't pass, email a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam — we handle it quickly, with the full refund processed within 7 days. Exclusions: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. You may instead exchange for two equal-value products free.
Yes — download the free ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes demo and inspect real questions before paying. Your purchase then stays valid for 365 days with free updates throughout, renewable afterward at 50% off.
The ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes is ACFE's official exam for the Certified Fraud Examiner (CFE) certification, at the Professional level. It validates practical, job-relevant skills — which is why employers shortlist certified candidates. Related credentials include CFE-Law, CFE-Investigation, CFE-Fraud-Prevention-and-Deterrence.
ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes Sample Questions:
Which of the following search is used for unusually high incidence of returns and allowances scheme?
- A. Allowances by vendors
- B. Returns and allowances
- C. Disposals of allowances than reorders
- D. None of the above
Correct Answer: B 🗳️
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A tangible asset is one which is:
- A. Both A & B
- B. Capable of being appraised
- C. Neither A nor B
- D. Capable of being perceived
Correct Answer: A 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
Hannah is a manager at a financial institution. To safeguard the bank and its customers from electronic funds transfer (EFT) fraud, Hannah is implementing several preventive measures. Which of the following is NOT a measure Hannah should take to prevent EFT fraud?
- A. If a customer reports the loss or theft of an access device, then cancel the existing card, PIN, or other form of access and issue a new one.
- B. Separate the duties of bank employees so that the responsibilities for the issuance of access devices are separate from the issuance of PINs.
- C. Send a welcome letter to new customers to determine if the address submitted on the account application is valid.
- D. Mail PINs and other associated account information together to reduce the chance of those items being lost during transit.
Correct Answer: D 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
Which of the following is NOT a phase of the bidding process?
- A. Solicitation
- B. Postsolicitation
- C. Presolicitation
- D. Submission
Correct Answer: B 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
Which of the following are not basic types of non-sharable problems?
- A. Violation of ascribed obligations
- B. Physical isolation
- C. Business reversals
- D. Larceny by fraud
Correct Answer: D 🗳️
Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).
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