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

  • Exam Code: CFE-Fraud-Prevention
  • Exam Name: Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
  • Updated: Aug 26, 2026
  • Q&As: 286 Questions and Answers

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ACFE CFE-Fraud-Prevention Exam Syllabus Topics:

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

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

1. Based on research regarding the criminogenic nature of organizations, employees with strong personal values and ethics will always disobey a superior's direct order to engage in fraudulent behavior, despite an inherent desire to obey authority figures.

A) True
B) Flase


2. Luis, the internal audit manager for Oak Corporation, is working to formally incorporate the company's fraud risk assessment into its audit process. Which of the following is NOT a way that Oak's audit team should use the fraud risk assessment process and results as part of their audits?

A) To inform the development of audit programs for areas that have been identified as having a high risk of fraud.
B) To validate whether the organization is appropriately managing moderate-to-high fraud risks.
C) To confirm whether there is conclusive evidence that fraud is occurring within the company.
D) To design audit tests to evaluate whether fraud risk controls are operating effectively.


3. According to behaviorists such as B. F. Skinner, which of the following scenarios is MOST LIKELY to occur when an undesired behavior is punished?

A) The behavior will not be affected by the punishment
B) The behavior will be permanently suppressed
C) The behavior will occur more frequently.
D) The behavior will return when punishment ceases


4. A fraud examiner discovers evidence suggesting possible misconduct by a senior executive. The examiner's supervisor instructs him to stop investigating and destroy his working papers. What should the examiner do?

A) Preserve the evidence and act in accordance with professional and legal obligations
B) Destroy the working papers after documenting the request
C) Follow instructions because management has authority over the investigation
D) Ignore the evidence because it involves senior management


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

A) The objectives of the audit are likely narrower than those of a private-sector financial statement audit.
B) The requirements found in International Standard on Auditing (ISA) 240 do not apply to the engagement
C) The auditor has the automatic ability to withdraw from the audit engagement if fraud is found.
D) In addition to fraud, the auditor should remain alert to potential occurrences of abuse during the audit.


Solutions:

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

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