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Unlock Your Potential with ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Questions

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Posted on: 06/11/25

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Achieving the CFE-Financial-Transactions-and-Fraud-Schemes certification demonstrates a professional's expertise and commitment to the field of fraud examination. It provides individuals with the skills and knowledge needed to detect, investigate, and prevent financial fraud, and also enhances their credibility and earning potential. Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam certification can be obtained by passing the CFE-Financial-Transactions-and-Fraud-Schemes exam, which is a rigorous and challenging test that requires a high level of knowledge and understanding of fraud examination.

ACFE CFE-Financial-Transactions-and-Fraud-Schemes exam is a rigorous and comprehensive certification for professionals seeking to become Certified Fraud Examiners in the field of financial transactions and fraud schemes. It covers a wide range of topics related to fraud detection and prevention, and requires a thorough understanding of the material covered. If you are considering a career in fraud examination, the CFE-Financial-Transactions-and-Fraud-Schemes Exam is an important step in achieving your professional goals.

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ACFE Certified Fraud Examiner - Financial Transactions and Fraud Schemes Exam Sample Questions (Q115-Q120):

NEW QUESTION # 115
Which of the following is one of the categories on the statement of cash flows?

  • A. Cash flows from investing activities
  • B. Cash flows from strategic activities
  • C. Cash flows from revenue activities
  • D. Cash flows from supply chain activities

Answer: C


NEW QUESTION # 116
Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

  • A. Cut-off statements
  • B. Bank confirmation
  • C. Bank confirmation
  • D. Check disbursement

Answer: B


NEW QUESTION # 117
Mario performs surgery on a patient to replace a bone. The surgery should be billed using one code, but Mario bills the surgery using three codes (one for the entire surgery, one for the removal of the bone, and another for the insertion of the artificial bone), which increases the cost. Which of the following BEST describes Mario's scheme?

  • A. Unbundling
  • B. Fictitious services
  • C. False diagnosis
  • D. Upcoding

Answer: A


NEW QUESTION # 118
The principle behind full disclosure is:

  • A. Any material deviation from GAAP must be explained to the reader of the financial information.
  • B. Any material deviation from GAAP must be explained to writer of the financial information.
  • C. Any material deviation from SAS must be explained to the writer oh the financial information.
  • D. None of above

Answer: A


NEW QUESTION # 119
A running count that records how much inventory should be on hand is referred to:

  • A. Fictitious inventory
  • B. Perpetual inventory
  • C. Shrinking inventory
  • D. Altered inventory

Answer: B


NEW QUESTION # 120
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