VIP Exclusive
CFE VIP Certification Exam — Certified Fraud Examiner Practice
CFE — The Certified Fraud Examiner (CFE) credential is issued by the Association of Certified Fraud Examiners (ACFE). The real CFE Exam consists of 500 multiple-choice questions divided into four sections — Financial Transactions and Fraud Schemes, Law, Investigation, and Fraud Prevention and Deterrence — with a 75% passing score required on each section; it is computer-based and open-book.
30
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 30👑 VIP
During an audit of a mid-size manufacturing firm, you discover that a purchasing manager has been awarding contracts exclusively to a vendor owned by his brother-in-law. Invoices are slightly below the competitive-bid threshold, and quality is comparable to market alternatives. Under the ACFE's fraud classification system, this scheme is BEST categorized as which type of occupational fraud?
Questions 2–30 and full explanations are VIP-exclusive.