ACFE CFE-Fraud-Prevention : Certified Fraud Examiner - Fraud Prevention and Deterrence Exam

CFE-Fraud-Prevention real exams

Exam Code: CFE-Fraud-Prevention

Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam

Updated: Jun 17, 2026

Q & A: 286 Questions and Answers

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

1. Which of the following is NOT a purpose served by a professional organization's code of conduct?

A) It provides more direct solutions to professional ethical dilemmas than might exist under general ethical principles
B) It serves as a reference and benchmark for ethical guidance
C) It facilitates practical enforcement and profession-wide Internal discipline.
D) It replaces the need for individuals to consult their own conscience.


2. Which red flag is MOST commonly associated with corruption schemes?

A) Employees with unusually close relationships to vendors or customers
B) Excessive write-offs of inventory
C) Missing fixed assets
D) Frequent bank reconciliation differences


3. A professional organization's code of conduct serves which of the following purposes?

A) A code acts as a substitute for legal and regulatory requirements that apply to the profession.
B) A code provides answers to all ethical dilemmas that the organization's members might encounter.
C) A code offers fewer and less direct solutions to professional ethical dilemmas than might exist under general ethical principles.
D) A code facilitates practical enforcement and internal discipline throughout a profession.


4. During the course of a fraud examination. While, an employee of the ABC Corp.. approaches Blue, a Certified Fraud Examiner (CFE), and tells Blue that she wishes to furnish information in confidence.
Blue also is employed by the ABC Corp. Blue should:

A) Take White's request straight to ABC Corp.'s management
B) Not agree to the request for confidentiality
C) Agree that the information will be held in confidence, even though Blue knows it will not be
D) Tell White that she will try to keep the information as confidential as possible


5. Which of the following is TRUE regarding an organization's ethics program?

A) An ethics program should avoid addressing rewards for ethical behavior and sanctions for unethical behavior
B) Having a written ethics policy is sufficient to communicate management's ethical philosophy and serve as a comprehensive ethics program
C) In designing the ethics program, management should consider how stakeholders throughout the organization define success
D) To be most effective, access to the organization's ethics policy should be restricted to external parties such as vendors and customers


Solutions:

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

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