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

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ACFE CFE-Fraud-Prevention-and-Deterrence Exam Dumps FAQs

Q. # 1: What is the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence Exam is a certification exam for professionals aiming to become Certified Fraud Examiners (CFE). It tests knowledge in fraud prevention, detection, and deterrence.

Q. # 2: Who should take the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence Exam is ideal for professionals seeking careers in fraud examination, forensic accounting, internal auditing, or loss prevention. It's also valuable for accountants, investigators, and anyone working in fraud-sensitive environments.

Q. # 3: What topics are covered in the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam covers four main areas: Financial Transactions and Fraud Schemes, Law, Investigation, and Fraud Prevention and Deterrence.

Q. # 4: How many questions are on the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam consists of 400 multiple-choice questions, divided into four sections of 100 questions each.

Q. # 5: What is the duration of the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

The ACFE CFE-Fraud-Prevention-and-Deterrence exam duration is 2 hours.

Q. # 6: What is the passing score for the ACFE CFE-Fraud-Prevention-and-Deterrence Exam?

A passing score is 75% or higher on each section of the ACFE CFE-Fraud-Prevention-and-Deterrence exam.

Q. # 7: What is the difference between ACFE CFE-Fraud-Prevention-and-Deterrence and CFE-Law Exams?

The ACFE CFE-Fraud-Prevention-and-Deterrence and CFE-Law exams are both part of the Certified Fraud Examiner (CFE) certification, but they focus on different areas of fraud examination. Here are the key differences:

  • ACFE CFE-Fraud-Prevention-and-Deterrence Exam: The ACFE CFE-Fraud-Prevention-and-Deterrence Exam covers principles and techniques related to preventing and deterring fraud. It includes topics such as fraud risk assessment, fraud prevention programs, and fraud detection techniques.
  • ACFE CFE-Law Exam: The ACFE CFE-Law Exam concentrates on the legal aspects of fraud examination. It covers laws and regulations related to fraud, legal procedures, and the rights of individuals involved in fraud investigations.

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Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Questions and Answers

Question 1

Which of the following is NOT included in G20/OECD Principles of Corporate Governance (the Principles)?

Options:

A.

Guidance regarding appropriate board structures, responsibilities, and procedures

B.

Support for establishing stronger protection for foreign shareholders than for domestic shareholders

C.

A request that governments have in place an appropriate framework to support good corporate governance practices

D.

Recognition of the importance of the role of stakeholders in corporate governance

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Question 2

Terrel, a Certified Fraud Examiner (CFE), unknowingly violates the law one night. Which of the following statements about the ACFE Code of Professional Ethics is TRUE?

Options:

A.

This conduct would be a violation of the ACFE Code of Professional Ethics only if Terrel knew the conduct was illegal.

B.

This conduct would be a violation of the ACFE Code of Professional Ethics only if Terrel is arrested.

C.

This conduct would not be a violation of the ACFE Code of Professional Ethics under any circumstances.

D.

This conduct would be a violation of the ACFE Code of Professional Ethics.

Question 3

Which of the following is TRUE regarding the G20/OECD Principles of Corporate Governance?

Options:

A.

They state that a corporate governance framework should promote transparent and fair markets and the efficient allocation of resources.

B.

They assert that a corporate governance framework should ensure that the treatment of shareholders differs based on the class of stock they own.

C.

They are intended to be applicable in emerging markets but not in developed economies.

D.

They are required to be implemented by all corporations in the jurisdictions that have officially adopted them.