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ACFE CFE-Fraud-Prevention Exam Overview:

Certification Vendor:ACFE
Exam Name:Fraud Prevention and Deterrence Exam (CFE Exam Section)
Exam Number:CFE-Fraud-Prevention
Passing Score:75%
Real Exam Qty:100
Exam Format:Multiple Choice
Available Languages:English
Related Certifications:Certified Fraud Examiner (CFE)
Exam Duration:120 minutes
Certificate Validity Period:No fixed expiration; certification must be maintained through ongoing CPE requirements
Recommended Training:ACFE Training and Education Resources
Exam Registration:ACFE Certified Fraud Examiner Certification Overview
Sample Questions:ACFE CFE-Fraud-Prevention Sample Questions
Exam Way:Computer-based exam (proctored online or at authorized testing centers)
Pre Condition:Eligibility requirements for the CFE credential apply (education and/or work experience as defined by ACFE), but no prerequisite exam is required for this section.
Official Syllabus URL:https://www.acfe.com/

ACFE CFE-Fraud-Prevention Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Fraud Prevention and Deterrence25%- Fraud risk governance and organizational culture
- Monitoring, auditing, and continuous improvement
- Fraud deterrence strategies and controls
- Ethics and corporate governance
- Fraud risk assessment
- Whistleblowing and reporting mechanisms
- Fraud prevention programs and frameworks
- Internal control systems and evaluation
- Anti-fraud policies and procedures

ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Sample Questions:

1. Devon, an employee at Tilly Corp., repeatedly demonstrates a negative attitude when working with other departments. To address this behavior, Devon's manager tells him that he is no longer allowed to lead cross-departmental projects. This is an example of what type of behavioral response?

A) None of the above
B) Positive reinforcement
C) Negative reinforcement
D) Punishment


2. Jane, a Certified Fraud Examiner (CFE), was hired lo conduct a fraud examination at XYZ Company Her examination did not reveal any conclusive evidence that fraud had occurred or was occurring Consequently. XYZ's management asked Jane to state in her official examination report that the company is free of fraud as a means of assuring the board of directors that the company's anti-fraud controls were effective. The ACFE Code of Professional Ethics prohibits Jane from complying with management's request.

A) True
B) False


3. In the area of criminological theory, deterrence is the theory that tries to prevenl crime by using the threat of criminal sanctions.

A) True
B) False


4. Aaron, a government auditor, is conducting a financial statement audit of a public-sector entity in accordance with the International Standards of Supreme Audit Institutions. Which of the following is TRUE regarding Aaron's consideration of fraud during this engagement?

A) Aaron does not need to comply with the requirements found in International Standard on Auditing
240 as they do not apply to the engagement.
B) Aaron likely does not have the ability to withdraw from the engagement even if fraud is identified during the audit.
C) Aaron should remain alert for fraud but does not need to consider the potential for abuse or other misconduct during the audit engagement.
D) Aaron's audit objectives are likely narrower than those of a private-sector financial statement audit.


5. Which of the following is an example of organizational crime?

A) A salesman offering bribes to secure a contract
B) Management of several construction companies engaging In bid rigging
C) An accounting clerk forging company checks to herself
D) A doctor conspiring with patients to Tile false health care insurance claims


Solutions:

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

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