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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Braindumps - in .pdf Free Demo

  • Exam Code: CFE-Fraud-Schemes-and-Financial-Crimes
  • Exam Name: Certified Fraud Examiner -Fraud Schemes and Financial Crimes
  • Last Updated: Aug 11, 2026
  • Q & A: 355 Questions and Answers
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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Braindumps - Testing Engine PC Screenshot

  • Exam Code: CFE-Fraud-Schemes-and-Financial-Crimes
  • Exam Name: Certified Fraud Examiner -Fraud Schemes and Financial Crimes
  • Last Updated: Aug 11, 2026
  • Q & A: 355 Questions and Answers
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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Syllabus Topics:

SectionObjectives
Fraud Schemes- Asset Misappropriation Schemes
  • 1. Expense reimbursement fraud
    • 2. Inventory and asset theft
      • 3. Cash theft and skimming
        • 4. Payroll fraud
          - Fraudulent Disbursements
          • 1. Billing shell companies
            • 2. Billing schemes
              • 3. Check tampering
                Financial Crimes- Money Laundering
                • 1. Placement stage
                  • 2. Integration stage
                    • 3. Layering stage
                      - Corruption Schemes
                      • 1. Kickbacks
                        • 2. Bribery
                          • 3. Conflicts of interest
                            - Financial Statement Fraud
                            • 1. Asset overstatement
                              • 2. Revenue manipulation
                                • 3. Expense understatement

                                  ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes Sample Questions:

                                  1. A fraudster creates a fictitious identity by combining a person's real government identification number with a fabricated name and birthdate. This scheme can BEST be described as:

                                  A) Simulated identity theft
                                  B) Traditional identity theft
                                  C) Criminal identity theft
                                  D) Synthetic identity theft


                                  2. Which of the following scenarios is an example of upcoding?

                                  A) Hope is diagnosed with an ear infection. Hope's doctor writes her a prescription for a name brand medication instead of prescribing a less expensive generic medication.
                                  B) Steven receives medical services prior to his new insurance going into effect. Before submitting the claim, he changes the service date on his bill so that it will be covered by insurance.
                                  C) Dr. Smith performed a hysterectomy on Roberta. Dr. Smith submits an insurance claim using three procedure codes instead of the single code normally used for a hysterectomy.
                                  D) Dr. Catz spends 15 minutes with a patient. She later submits a bill to the patient's insurance company using a code that corresponds to an office visit lasting 60 minutes.


                                  3. Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

                                  A) False
                                  B) True


                                  4. In which phase of the competitive bidding process do fraudsters attempt to influence the selection of a contractor by restricting the pool of competitors from whom bids are sought?

                                  A) Submission
                                  B) Need recognition
                                  C) False specification
                                  D) Solicitation


                                  5. Which of the following offender types are people who take the money and run away?

                                  A) Offender types
                                  B) Absconders
                                  C) Long-term violators
                                  D) None of the above


                                  Solutions:

                                  Question # 1
                                  Answer: D
                                  Question # 2
                                  Answer: D
                                  Question # 3
                                  Answer: B
                                  Question # 4
                                  Answer: D
                                  Question # 5
                                  Answer: B

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