Register
Home Quizzes Quiz Detail
Practice Quiz

CFE Exam

458 questions 5.0 rating Mobile friendly
$69.00

Unlock the full practice quiz

Get complete access to the questions, explanations and printable quiz resources.

Full access: unlock all quiz questions and explanations.
Printable review: access the full quiz PDF with correct answers after purchase.

About this Exam

Prepare with the CFE Exam practice quiz. This question bank includes 458 questions covering fraud, company, examiner, employee, and scheme. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
An employee in the accounts receivable department steals a customer's payment before it is recorded in the company's books. To conceal the theft, the employee applies a payment from another customer to the first customer's account. This fraudulent scheme is best described as:
Skimming
Lapping
Cash Larceny
Billing Scheme
Question 2
Which of the following is considered a 'red flag' or behavioral indicator that might suggest an employee is involved in an asset misappropriation scheme?
Consistently refusing to take vacation or share job duties.
Frequently complaining about the company's coffee quality.
Participating in multiple company-sponsored social events.
Requesting additional training on new accounting software.
Question 3
A payroll clerk creates a fictitious employee in the company's payroll system and arranges for the ghost employee's paycheck to be directly deposited into a bank account controlled by the clerk. This type of asset misappropriation is a form of:
Skimming
Expense Reimbursement Fraud
Fraudulent Disbursement
Non-cash Misappropriation
Question 4
What is the primary difference between cash larceny and skimming?
Cash larceny involves stealing from the cash register, while skimming involves stealing inventory.
Skimming involves stealing cash that has already been recorded on the company's books, while cash larceny is the theft of off-book funds.
Cash larceny is the theft of cash that has already been recorded on the company's books, while skimming is the theft of off-book funds.
Cash larceny is a fraudulent disbursement scheme, while skimming is a corruption scheme.
Question 5
An employee uses a company credit card to purchase a home theater system for personal use and submits the expense report with a receipt from a business dinner of the same amount. This is an example of which type of asset misappropriation scheme?
Billing Scheme
Check Tampering
Theft of Non-Cash Assets
Expense Reimbursement Fraud

Ready to test your knowledge?

Buy Now to Access

Additional Information

CFE Exam

This practice set contains 458 questions from the matching question bank and focuses on fraud, company, examiner, employee, and scheme. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

Related Quizzes

ACFE Certified Fraud Examiner (CFE) 1 Practice Exam
10 Qs  |  0 Min
ACFE Certified Fraud Examiner (CFE) Financial Transactions and Fraud Schemes Practice Exam
10 Qs  |  0 Min
ACFE Certified Fraud Examiner (CFE) Fraud Prevention and Deterrence Practice Exam
10 Qs  |  0 Min
ACFE Certified Fraud Examiner (CFE) Investigations Practice Exam
10 Qs  |  0 Min
Care and Prevention CFE Practice Exam
10 Qs  |  0 Min

Frequently Asked Questions

This quiz contains a total of 458 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

Reviews

5.0

Based on 0 reviews

Leave a Review

No reviews yet. Be the first to review!