CFE (Certified Fraud Examiner (ACFE)) — Free Online Mock Test
4 sections × 100 Q × 120 min each (post-Jun-2-2026 format): Financial Transactions, Law, Investigation, Fraud Prevention. 400 MCQ total · pass 75% per section. · Official language: English.
CFE exam at a glance
CFE full-length mock tests
Attempt 50 full-length CFE mock tests, each a distinct question set built on the real 360-question, 440-minute pattern — with instant scoring and section-wise analysis. The first 3 are free.
See all 50 CFE mock tests →CFE key facts & eligibility
| Conducting body | Association of Certified Fraud Examiners (ACFE) |
|---|---|
| Official website | acfe.com ↗ |
| Mode | A computer-based exam in three sections — Fraud Schemes and Financial Crimes, Fraud Investigations and Legal Issues, and Fraud Prevention and Deterrence — with multiple-choice and true/false questions. The first two sections have 120 questions in 2.5 hours each; the third has 70 questions in 1.5 hours. |
| Frequency | On demand — taken through the ACFE once you are eligible. |
| Scoring & marking | You must answer at least 75% of questions correctly in each of the three sections; any unanswered question is scored as incorrect. |
| Score validity | The CFE is maintained with annual continuing professional education and ACFE membership. |
| Language | English. |
Who is eligible for CFE?
You must be an ACFE member of good moral character and meet a points threshold based on education, professional credentials and fraud-related experience — 40 points to sit the exam and 50 points to be awarded the credential.
Last verified July 2026 against ACFE — About the CFE Exam. Always confirm current details on the official website before you register.
CFE section breakdown
The CFE mock test on Wrexa Edge replicates the real exam's section structure — same names, same question count per section, same time limits. No inter-section breaks — the timer runs continuously.
-
Financial Transactions & Fraud Schemes (90 Q)
-
Law (90 Q)
-
Investigation (90 Q)
-
Fraud Prevention & Deterrence (90 Q)
CFE scoring & marking scheme
Strategy: CFE has no negative marking. Attempt every question — blank answers cost you potential marks but cannot pull your score down.
Scale: CFE (pass 75% per section).
How CFE is conducted
- Mode
- Test format
- Backtracking
- Mark for review
CFE time strategy
With 360 questions in 440 minutes, you have about 73 seconds per question on average. Successful candidates aim for the following pacing on each section:
- Financial Transactions & Fraud Schemes (90 Q)
- Law (90 Q)
- Investigation (90 Q)
- Fraud Prevention & Deterrence (90 Q)
Wrexa Edge's analytics show your actual time-per-question after every mock so you can spot which sections you're losing time on.
CFE topics covered
Across the 50 Wrexa Edge variants of CFE, the following topics appear most often (sample distribution from one variant):
Financial Transactions & Fraud Schemes (90 Q)
- Control · 13
- Managing the IAA · 11
- Risk Management · 10
- Independence & Objectivity · 9
- Engagement planning · 9
- Governance · 8
- Code of Ethics · 7
- IPPF · 6
Law (90 Q)
- Ethics — Standards · 17
- Quant — Statistics · 5
- Econ — Microeconomics · 4
- FSA — Cash flow · 4
- FSA — Ratios · 4
- Quant — TVM · 3
- Econ — Macro · 3
- Econ — International · 3
Investigation (90 Q)
- Quant — Statistics · 5
- Econ — Microeconomics · 4
- FSA — Cash flow · 4
- FSA — Ratios · 4
- Equity — Valuation · 4
- Econ — Macro · 3
- Econ — International · 3
- FSA — Inventory · 3
Fraud Prevention & Deterrence (90 Q)
- FSA — Ratios · 4
- Equity — Valuation · 4
- AUD — Reporting · 4
- Corporate — Capital structure · 3
- Equity — CAPM · 3
- Derivatives — Options · 3
- Derivatives — Greeks · 3
- AUD — Risk Assessment · 3
CFE difficulty calibration
Advanced tier. Advanced-level: high-stakes exam with rigorous content depth. Expect 4-8 months of structured prep.
4 sections × 100 Q × 120 min each (post-Jun-2-2026 format): Financial Transactions, Law, Investigation, Fraud Prevention. 400 MCQ total · pass 75% per section. · Official language: English.
Verified content — Wrexa Edge's CFE bank has been deeply curated with real exam-aligned content (estimated 100% syllabus coverage).
How Wrexa Edge prepares you for CFE
- Real test-day interface
- 50 distinct variants
- Detailed analytics
- Spaced repetition (Notebook)
- Optional proctoring
- Free to start
Expert take: what CFE really tests
The CFE, from the ACFE, now has three sections — Fraud Schemes and Financial Crimes, Fraud Investigations and Legal Issues, and Fraud Prevention and Deterrence — each needing at least 75% correct, with unanswered questions counted wrong. Eligibility runs on a points system (40 to sit, 50 to earn) plus ACFE membership.
Preparation tips
- Work directly from the Fraud Examiners Manual and the ACFE prep course — the exam is drawn from them.
- Give the law section special attention; it is where non-lawyers most often fall short of 75%.
- Answer every question — blanks are scored as incorrect.
Common mistakes to avoid
- Under-preparing the legal-issues content relative to the fraud-schemes material.
- Leaving questions blank and losing marks that count as wrong.
CFE study plan
A phase-by-phase roadmap from your first concept to test-ready. Stretch or compress each phase to fit the time you have before your attempt.
- Study asset misappropriation, corruption and financial-statement fraud schemes
- Work from the Fraud Examiners Manual
- Use the ACFE prep course question bank
- Cover investigation techniques, interviewing, evidence and the legal elements of fraud
- Learn the law section carefully — it trips up non-lawyers
- Drill section-specific questions
- Cover fraud prevention, deterrence and risk management
- Sit timed section mocks and clear 75% in each
- Re-drill the weakest of the three sections
Where CFE can take you
A strong CFE result opens up these careers and higher-study paths:
- Anti-fraud specialist
- Audit, forensic & compliance roles
- Cross-disciplinary skill set
- Career and earning signal
Best books & official prep for CFE
- CFE Exam Prep Course — ACFE
- Fraud Examiners Manual — ACFE
Official practice: The ACFE’s official CFE Exam Prep Course and the Fraud Examiners Manual are the primary sources; the prep software mirrors the real exam’s sections and question styles.
Previous-year papers: The ACFE does not release past exams; its official prep course question bank is the closest equivalent.
Frequently asked questions
- What is the CFE exam pattern?
- Certified Fraud Examiner (ACFE) contains 360 questions across 4 sections: Financial Transactions & Fraud Schemes (90 Q), Law (90 Q), Investigation (90 Q), Fraud Prevention & Deterrence (90 Q). Total duration is 440 minutes (about 73 seconds per question).
- Does CFE have negative marking?
- No — CFE has no negative marking. Each correct answer is worth 1 mark, so attempt every question.
- How is CFE scored?
- Scaled score range: 100 to 1000. CFE (pass 75% per section).
- How can I practise CFE online for free?
- Wrexa Edge gives you 3 free full-length CFE mock tests — with instant scoring, detailed explanations and analytics — plus 47 more with Pro. Start practising in under a minute, no card required.
- What is the difficulty level of CFE?
- CFE is rated Advanced difficulty on Wrexa Edge. Advanced-level: high-stakes exam with rigorous content depth. Expect 4-8 months of structured prep. 4 sections × 100 Q × 120 min each (post-Jun-2-2026 format): Financial Transactions, Law, Investigation, Fraud Prevention. 400 MCQ total · pass 75% per section. · Official language: English.
- How long is the CFE exam?
- CFE runs for 440 minutes total across 4 sections. On Wrexa Edge the timer is enforced exactly as on the real exam — including no inter-section breaks.
- What topics are covered in CFE?
- CFE is split into: Financial Transactions & Fraud Schemes (90 Q), Law (90 Q), Investigation (90 Q), Fraud Prevention & Deterrence (90 Q). Each section is timed and weighted separately. 4 sections × 100 Q × 120 min each (post-Jun-2-2026 format): Financial Transactions, Law, Investigation, Fraud Prevention. 400 MCQ total · pass 75% per section. · Official language: English.
- What tools or aids are allowed during CFE?
- No special tools are required. Note: real exam is proctored — Wrexa Edge mirrors this with a webcam-based proctoring flow you can enable.
- Is the CFE test adaptive?
- No — CFE is a fixed-form (linear) test. Every candidate sees the same number of questions per section.
- How many CFE mock tests does Wrexa Edge offer?
- Wrexa Edge generates 50 distinct CFE variants — each with different question content, not just shuffled options — the first 3 free for everyone and 47 more with Pro. That's 18000 unique practice questions in the real test-day interface.
- Is there a free CFE test series 2026?
- Yes. The Wrexa Edge CFE test series for 2026 gives you 3 free full-length mock tests (50 in total) plus subject-wise and topic-wise tests — instant scoring and detailed analysis, no card required.
- Are CFE previous year question–style papers included?
- Every CFE mock is modelled on the official exam pattern and the style of previous years' papers — the same 360-question structure, sections and marking — so your practice mirrors the real paper you'll sit.
- Which is the best free CFE mock test online?
- Wrexa Edge's CFE mock test replicates the real exam interface, timing and marking scheme, with instant score, section-wise analysis and 50 fresh variants — a strong free choice for 2026 preparation.
- Can I take the CFE mock test on mobile?
- Yes. CFE mock tests run in any browser on mobile, tablet or desktop — no app or download needed. Start on your phone and your progress and analytics sync when you sign in.
- What is the CFE syllabus?
- The CFE syllabus maps to its 4 sections: Financial Transactions & Fraud Schemes (90 Q), Law (90 Q), Investigation (90 Q), Fraud Prevention & Deterrence (90 Q). Wrexa Edge's mock tests cover the complete syllabus topic by topic — see the topics-covered breakdown above — so you practise every area at real exam difficulty.
- What is the eligibility for CFE?
- You must be an ACFE member of good moral character and meet a points threshold based on education, professional credentials and fraud-related experience — 40 points to sit the exam and 50 points to be awarded the credential. Wrexa Edge focuses on realistic CFE practice: 3 free full-length mocks in the exact exam pattern, ready whenever you are.
- When is the CFE exam and how should I prepare?
- Official CFE exam dates are announced by the conducting body for each cycle — check the latest notification for the current schedule. To be ready, follow a phased study plan and take full-length timed mocks; Wrexa Edge gives you 3 free CFE mocks with instant scoring so you can track your readiness week by week.
Related exams & practice tests
Candidates preparing for CFE also practise these on Wrexa Edge:
Browse more: All Finance & Professional exams → · All Global exams → · Full exam catalog →
Ready to ace CFE?
Join thousands of candidates practising on Wrexa Edge. Free signup, 50 variants per exam, instant scoring.
Start practising free →