ACFE CFE-Investigation Exam Questions : Certified Fraud Examiner - Investigation Exam

  • Exam Code: CFE-Investigation
  • Exam Name: Certified Fraud Examiner - Investigation Exam
  • Updated: Nov 02, 2026
  • Q&As: 184 Questions and Answers

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ACFE CFE-Investigation Exam Syllabus Topics:

TopicDetails
Topic 1
  • Fraud Prevention and Deterrence: This section examines your understanding of why people commit fraud and the ways to prevent it. It also covers topics such as crime causation, white-collar crime, occupational fraud, fraud reduction, and risk evaluation.
Topic 2
  • Law: In this section of the exam, the focus is on the statutes and common law principles used for prosecuting fraudsters. It also measures the skills of candidates such as the knowledge of criminal and civil law, rules of evidence, rights of the accused and accuser, and expert witness matters.
Topic 3
  • Investigations: In this section, the topics covered are basic tools and techniques for collecting data and evidence when conducting a fraud examination. It also covers questions related to interviewing, taking statements, gaining information from public records, tracing illicit transactions, and assessing deception.
Topic 4
  • Financial Transactions and Fraud Schemes: This section of the exam measures the understanding of the types of fraudulent financial transactions incurred in accounting records. It also covers fundamental accounting and auditing theories, fraud schemes, internal controls to stop fraud, and other auditing issues.

Reference: https://www.acfe.com/uploadedFiles/Shared_Content/Products/Books_and_Manuals/2015%20Sample%20Chapter.pdf

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ACFE Certified Fraud Examiner - Investigation Sample Questions:

Question #1

Which of the following is TRUE of a well-written fraud examination report?

  • A. All information provided by witnesses, regardless of relevance, should be included in the report.
  • B. The report should discuss only the evidence that substantiates the fraud allegation
  • C. Technical terms should be included whenever possible to convey professionalism.
  • D. The details of witness interviews should be reported in a separate memorandum.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

Baker, a Certified Fraud Examiner (CFE). is getting prepared to conduct a lengthy and complex interview. To prepare himself. Baker should:

  • A. Take only the documents he wishes to go over
  • B. Write down key points to go over with the respondent
  • C. Writs down a detailed list of questions in advance
  • D. Avoid bringing any notes with him to the interview
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

Which of the following is NOT a recommended strategy when conducting admission-seeking interviews?

  • A. Present a morally acceptable reason for the subject's behavior
  • B. Conduct admission-seeking interviews only when time is not a factor.
  • C. Ensure that accusations are made under conditions of privacy to avoid potential liability
  • D. Minimize empathy while emphasizing the perception of moral wrongdoing
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

The term_____________refers to a process of resolving allegations of fraud from inception to disposition.

  • A. Forensic investigation
  • B. Fraud examination
  • C. Fraud theory
  • D. Fraud management
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

If an important witness becomes hostile and argumentative during an interview, the interviewer should generally.

  • A. Refute the witness's arguments
  • B. Terminate the interview.
  • C. Avoid reacting to the witness.
  • D. Try to reason with the witness
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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