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CFS Certified Fraud Specialist VIP Practice Exam
CFS — The Certified Fraud Specialist (CFS) designation is issued by the Association of Certified Fraud Specialists (ACFS); the exam consists of approximately 150 multiple-choice questions administered over 3 hours, with a passing score of 70%, and covers fraud prevention, detection, investigation, financial statement fraud, asset misappropriation, corruption, cyber fraud, money laundering, and legal aspects of fraud.
57
Questions
180m
Time Limit
70.00%
To Pass
Question 1 of 57👑 VIP
A senior accounts payable clerk at a mid-sized manufacturing company has been creating fictitious vendors in the ERP system and approving invoices to those vendors. Over 18 months, she has diverted $340,000 to bank accounts she controls. Which element of the fraud triangle best explains why the scheme persisted so long without detection?
Questions 2–57 and full explanations are VIP-exclusive.