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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:

SectionWeightObjectives
Other Fraud Schemes10–15%- Procurement and contract fraud
- Identity theft and financial crimes
- Healthcare fraud
- Insurance fraud
- Theft of data and intellectual property
Asset Misappropriation – Inventory and Other Assets5–10%- Prevention and detection controls
- Concealment of asset shrinkage
- Inventory theft and misuse
Basic Accounting and Auditing Concepts15–20%- Auditing standards and procedures
- Internal control frameworks and objectives
- Financial statement components and relationships
- Fundamental accounting principles
Internal Control and Fraud Prevention10–15%- Control testing and evaluation
- Fraud risk assessment
- Design of anti-fraud controls
Asset Misappropriation – Fraudulent Disbursements15–20%- Register disbursement fraud
- Electronic payment tampering
- Expense reimbursement fraud
- Billing schemes
- Payroll fraud schemes
Corruption Schemes5–10%- Conflicts of interest
- Illegal gratuities and extortion
- Prevention and detection strategies
- Bribery and kickbacks
Asset Misappropriation – Cash Receipts5–10%- Prevention and detection methods
- Cash larceny
- Cash skimming schemes
Financial Statement Fraud10–15%- 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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

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
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ActualTestsIT members. You can sign-up / login (it's free).

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