- Exam Code: CFE-Fraud-Schemes-and-Financial-Crimes
- Exam Name: Certified Fraud Examiner -Fraud Schemes and Financial Crimes
- Updated: Sep 27, 2026
- Q & A: 355 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Fraud Schemes | - Fraudulent Disbursements
|
| Topic 2: Financial Crimes | - Corruption Schemes
|
Which of the following scenarios is an example of an economic extortion scheme?
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Dumps members. You can sign-up / login (it's free).
Brenda was a cashier at a retail store. When Brenda's friend shopped at the store, she would take her merchandise to Brenda's cash register. Instead of charging her friend, Brenda would record a No-Sale transaction on the register, and her friend would pretend to pay for the merchandise. Brenda's friend would leave the store without paying for the merchandise, and the two would later divide the merchandise between themselves. This scheme can BEST be described as:
Correct Answer: A 🗳️
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Which of the following measures is recommended to help prevent payroll fraud?
Correct Answer: C 🗳️
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A method for gaining unauthorized access to a computer system whereby the attacker deceives victims into disclosing personal information or convinces them to commit acts that facilitate the attacker's intended scheme is known as:
Correct Answer: B 🗳️
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Which of the following methods might a procuring employee use to engage in a bid manipulation scheme?
Correct Answer: D 🗳️
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