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ACFE CFE-Fraud-Prevention-and-Deterrence Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Corporate Governance5–10%- Definition and key stakeholders
- Guidance sources (OECD, Treadway Commission)
- Framework and core principles
Topic 2: White-Collar Crime15–20%- Fraud triangle and occupational fraud trends
- Organizational opportunity and contributing factors
- Prosecution and legal aspects
- Organizational vs occupational crime
- Rationalization and control mechanisms
- Impacts on individuals and society
Topic 3: Fraud Prevention Programs15–20%- Whistleblower systems and reporting channels
- Design, implementation, and monitoring
- Training and awareness initiatives
- Code of ethics and organizational culture
Topic 4: ACFE Code of Professional Ethics5–10%- Ethical obligations and compliance
- Principles and standards of conduct
Topic 5: Fraud Risk Assessment15–20%- Risk response and mitigation strategies
- Continuous assessment and improvement
- Identifying and prioritizing risks
- Process and methodology
Topic 6: Management's Fraud-Related Responsibilities10–15%- Internal control and oversight duties
- Reporting obligations and accountability
- Roles in prevention, detection, and deterrence
Topic 7: Understanding Criminal Behavior5–10%- Theories: differential association, social control, social learning
- Behavior modification: punishment vs reinforcement
- Differential reinforcement, rational choice, routine activities theory

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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q281-Q286):

NEW QUESTION # 281
Which of the following is FALSE regarding an organization's anti-fraud policy?

Answer: D


NEW QUESTION # 282
Which of the following statements regarding best practices that organizations can take to protect and support whistleblowers is MOST ACCURATE?

Answer: B


NEW QUESTION # 283
The existence of many specialized departments within a company generally decreases the overall risk of fraud within the organization

Answer: B


NEW QUESTION # 284
According to the authors of Crimes of the Middle Classes, all of the following factors have contributed to the rising problem of economic crime EXCEPT:

Answer: B


NEW QUESTION # 285
(Which of the following statements regarding monitoring employees for warning signs of fraud is MOST ACCURATE?)

Answer: C

Explanation:
The Fraud Prevention Programs chapter explains that effective management oversight includes watching for warning signs associated with fraud. The manual states that employees who steal commonly use the proceeds for lifestyle improvements, such as more expensive cars, extravagant vacations, expensive clothing, new or remodeled homes, recreational property, and outside investments. It specifically says managers should be educated to be observant of these signs. The manual also lists behavioral red flags such as living beyond means and financial difficulties, showing that warning signs do commonly appear. Therefore, an increase in wealth is not always proof of fraud, but unusual lifestyle improvements can be meaningful indicators that deserve attention. For that reason, the most accurate statement is that managers should be instructed to observe employees for unusual lifestyle improvements, including unexplained luxury purchases.


NEW QUESTION # 286
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