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UPDATED: May, 2026 SYLLABUS V3.1

CFE-Investigation Exam Questions and Answers

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Exam Code: CFE-Investigation Certified Fraud Examiner
Bank Size: 181 Questions Answers with Expert Explanation
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Last Update: May 19, 2026

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Got questions? We've got answers.

Find quick answers to your most frequent questions right here. We've compiled everything you need to know to get started smoothly.

What is the CFE-Investigation exam, and what does it assess for candidates?
The CFE-Investigation exam evaluates a candidate's ability to detect, investigate, and prevent fraud-related activities. It assesses skills like financial analysis, interviewing techniques, evidence gathering, and legal procedures. The exam is crucial for those pursuing a career in forensic accounting or fraud investigation. Successful candidates demonstrate proficiency in fraud detection and possess a deep understanding of investigative methodologies used in the field.
What is the passing score required for the CFE-Investigation exam?
To pass the CFE-Investigation exam, candidates typically need a score of at least 75%. This threshold ensures that candidates have the essential knowledge and skills required for forensic investigation. The exam consists of multiple-choice questions that evaluate candidates knowledge in various areas, including fraud schemes, legal procedures, investigative techniques, and evidence handling. A passing score reflects proficiency in these essential areas.
How should I prepare for the CFE-Investigation exam effectively?
To prepare for the CFE-Investigation exam, focus on understanding key concepts in fraud prevention, investigation, and legal processes. Use study materials provided by the exam body, practice with sample questions, and review textbooks on forensic accounting. Time management and familiarization with the exam format are important. Joining study groups or attending prep classes can also improve retention and deepen your understanding of complex topics.
Are there any recommended textbooks for preparing for the CFE-Investigation exam?
Yes, recommended textbooks for the CFE-Investigation exam include the "CFE Examination Study Guide" and "Fraud Examination" by W. Steve Albrecht. These resources cover topics like fraud prevention, investigative procedures, legal aspects of fraud, and interviewing techniques. Using a combination of textbooks, practice exams, and online resources will provide comprehensive preparation and improve chances of success on the exam.
Can I take the CFE-Investigation exam online?
Yes, the CFE-Investigation exam can be taken online through a secure proctored environment. You will need a computer with a camera, microphone, and a stable internet connection to ensure a smooth experience. The online platform provides flexibility, allowing candidates to choose convenient times for taking the exam. However, candidates must meet the technical requirements and adhere to exam rules for an uninterrupted experience.
How many questions are in the CFE-Investigation exam, and how long is it?
The CFE-Investigation exam typically consists of 125 multiple-choice questions that test a range of topics, including fraud detection, investigative techniques, and legal issues. The total duration for the exam is about 2.5 to 3 hours. Its important to pace yourself during the exam to ensure that you have sufficient time to answer all the questions and review your responses before submission.
What is the cost of the CFE-Investigation exam, and are there any discounts?
The cost of the CFE-Investigation exam varies depending on your membership status with the Association of Certified Fraud Examiners (ACFE). For members, the fee typically ranges from $400 to $450, while non-members may pay a slightly higher fee. Occasionally, the ACFE offers discounts or promotional rates, particularly during special events or for early registration, so its worth checking their website for any available offers.
How often can I retake the CFE-Investigation exam if I fail?
If you fail the CFE-Investigation exam, you can retake it after a waiting period of 30 days. The retake policy allows candidates to learn from their mistakes and continue their preparation before attempting the exam again. Each retake will incur an additional fee, and it's important to review your incorrect answers from the previous attempt to identify areas that need more focus in preparation.
What is the purpose of CFE-Investigation certification?

The CFE-Investigation certification focuses on equipping professionals with the skills to investigate fraud and related crimes.

What qualifications are required to take the CFE-Investigation exam?

Applicants should have a relevant degree or work experience in fraud prevention or criminal justice.

How long is the CFE-Investigation exam?

The CFE-Investigation exam typically lasts for 4 hours.

What topics are covered in the CFE-Investigation exam?
The exam covers fraud schemes, investigative techniques, legal elements of fraud, and fraud prevention.

What is the passing score for the CFE-Investigation exam?

A passing score is typically 75% or higher.

How can I prepare for the CFE-Investigation exam?

Preparing involves studying fraud examination techniques, legal aspects of investigations, and using official study materials provided by the ACFE.

Is there a recertification requirement for CFE-Investigation?

Yes, CFE-Investigation professionals must earn continuing professional education (CPE) credits every two years.

What career opportunities are available after obtaining CFE-Investigation certification?

Opportunities include roles in fraud examination, corporate security, law enforcement, and compliance.

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19-Apr-2026
Romania Posted by Kiva
CFE-Investigation examined interview techniques, tracing illicit funds, and case documentation. ExamOut's guide helped me internalize investigation flow deeply. Purchase to access took seconds.
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Thanks to ExamOut, I felt prepared to tackle the complexities of investigations and successfully passed the CFE exam.