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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 Price: | $450 – $695 USD (varies by membership status) |
| Certificate Validity Period: | 3 years |
| Available Languages: | English, Chinese, Spanish, French, Italian, Arabic, Portuguese, German |
| Related Certifications: | CFE-Fraud-Prevention-and-Deterrence CFE-Investigation CFE-Law |
| Real Exam Qty: | 100 |
| Exam Duration: | 120–135 |
| Passing Score: | 75% |
| Exam Format: | Multiple Choice, True/False |
| Recommended Training: | CFE Exam Prep Course Fraud Examiners Manual |
| Exam Registration: | ACFE Official Registration |
| Sample Questions: | ![]() |
| 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 |
|---|---|---|
| Asset Misappropriation – Inventory and Other Assets | 5–10% | - Concealment of asset shrinkage - Inventory theft and misuse - Prevention and detection controls |
| Asset Misappropriation – Cash Receipts | 5–10% | - Cash larceny - Cash skimming schemes - Prevention and detection methods |
| Corruption Schemes | 5–10% | - Illegal gratuities and extortion - Prevention and detection strategies - Conflicts of interest - Bribery and kickbacks |
| Other Fraud Schemes | 10–15% | - Procurement and contract fraud - Healthcare fraud - Insurance fraud - Identity theft and financial crimes - Theft of data and intellectual property |
| Asset Misappropriation – Fraudulent Disbursements | 15–20% | - Register disbursement fraud - Payroll fraud schemes - Expense reimbursement fraud - Electronic payment tampering - Billing schemes |
| Basic Accounting and Auditing Concepts | 15–20% | - Financial statement components and relationships - Auditing standards and procedures - Internal control frameworks and objectives - Fundamental accounting principles |
| Financial Statement Fraud | 10–15% | - Improper disclosures - Financial statement analysis techniques - Revenue recognition schemes - Asset and liability misrepresentation |
| Internal Control and Fraud Prevention | 10–15% | - Design of anti-fraud controls - Control testing and evaluation - Fraud risk assessment |
CFE-Financial-Transactions-and-Fraud-Schemes Exam Questions Answered: ACFE Candidates' FAQ
ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes is an official exam run by ACFE (Association of Certified Fraud Examiners) under exam code CFE-Financial-Transactions-and-Fraud-Schemes. Passing it awards the Certified Fraud Examiner (CFE) certification, which sits at the Professional tier. It also counts toward related credentials such as CFE-Law, CFE-Investigation, CFE-Fraud-Prevention-and-Deterrence. Certified professionals remain in shorter supply than the market wants, which is precisely why this exam keeps showing up in conversations about better roles and better pay.
The ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam gives you 120–135 to work through 100 questions. That is a tight ratio, and it punishes candidates who get emotionally attached to any single item. The fix is mechanical: answer what you know, flag what you do not, and keep moving. A few full-length timed runs in the CertkingdomPDF test engine, with its randomized question order, will calibrate your pace far better than untimed reading ever could.
The official fee for ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes is $450 – $695 USD (varies by membership status), and 75% is what passing takes. The uncomfortable part: retakes cost the full $450 – $695 USD (varies by membership status) again, which makes preparation the cheapest line item in this whole project. Before booking, put yourself through repeated scored sessions with the CertkingdomPDF practice tests and compare results over time; a stable margin above the passing line, not a single lucky run, is when you are ready.
ACFE membership; minimum 50 eligibility points (education + professional experience); approved application
Vendor rules do get revised, so treat this as your starting point and confirm the current eligibility details before booking via the official exam page.
ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes registration runs through these official channels.
Worth noting when you schedule: the exam is delivered Online remote proctored (Prometric ProProctor) or onsite at Prometric test centers.
Yes, ACFE (Association of Certified Fraud Examiners) points ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes candidates toward the following training.
Whatever course you choose, close the loop with question practice: the 237 items in the CertkingdomPDF CFE-Financial-Transactions-and-Fraud-Schemes package convert course knowledge into exam-day scoring ability.
It is. CertkingdomPDF publishes a free PDF demo of the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes material, so the product can prove itself before you pay. Your purchase then comes with 365 days of free updates, and once that period ends, extending the update service costs 50% of the regular price. The test engine software itself is verified malware-free and safe to install.
CertkingdomPDF stands behind the product with a 100% money-back guarantee under defined conditions. If you take the ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes exam within 60 days of purchase and fail, you qualify for a full refund, provided the exam corresponds to your product. Sitting the exam within 3 days of purchase does not qualify, and neither do unused downloads, free materials, or expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are resolved within 7 days. You may also choose an exchange instead of a refund: two other exam products of equal value, free, with the update service on your original purchase retained.
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ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes breaks down into 8 official domains, led by Corruption Schemes (5–10%), Asset Misappropriation – Inventory and Other Assets (5–10%), and Internal Control and Fraud Prevention (10–15%). You will find the full topic-by-topic outline above on this page; use the weightings to budget your study hours where they pay back the most.
ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes Sample Questions:
Physical assets including _________ and ________ are the most commonly misappropriated noncash assets in our study.
- A. Sales & Equipment
- B. Interest & Collusion
- C. Inventory & Purchase
- D. Inventory & Equipment
Correct Answer: D 🗳️
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Organizations that had external audits actually had higher median losses and longer-lasting fraud schemes than those organizations that were not audited.
- A. True
- B. False
Correct Answer: A 🗳️
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The price of an asset on which the asset is selling at on the open market in a transaction between a willing buyer and a willing seller is called:
- A. Cost value
- B. Absolute value
- C. Fair value
- D. Material value
Correct Answer: C 🗳️
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Any expenses that are incurred but not paid by the end of the year are counted in our records of profit and loss, and are called:
- A. Accruals
- B. Depreciations
- C. Expenses
- D. Financial record
Correct Answer: A 🗳️
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The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others, is called:
- A. Overbilling
- B. Bribery
- C. Corruption
- D. Conflict of interest
Correct Answer: C 🗳️
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