TIP #1 - Know what to do after you complete the CFE Exam Prep Course. Because you studied with the Prep Course, you already have the CFE Exam installed on your computer. When you have completed your course, we will send you the Exam Activation Key by email, once your complete CFE Exam application is verified. After you enter the Exam Activation Key, you have 30 days to complete all four sections of the CFE Exam and submit it to the ACFE for grading. You must complete each section in one sitting, but you do not have to complete all four sections at once
TIP #2 - Is it true or is it false? If any part of the question is false, then the entire statement is false. However, if part of a statement is true, the entire statement is not necessarily true. Read through each statement carefully and pay attention to the qualifiers and keywords.
• Qualifiers like never, always, and every mean that the statement must be true all of the time. Usually these qualifiers lead to a false answer.
• Qualifiers like usually, sometimes, and generally mean that the statement can be considered true or false depending on the circumstances. Usually these qualifiers lead to an answer of true.
• Pay close attention to words like NOT, FALSE, and INCORRECT in questions. One word can change the entire meaning of the sentence.
TIP #3 - Multiple Choice. It is important that you read all of the options and not stop when you come upon one that seems likely. Eliminate some choices you know are incorrect, and then relate each remaining answer choice back to the question to see if it fits. Narrow down the choice to one or two alternatives, and then compare them and identify how they are different. Finally, make an informed choice.
ACFE Program Director, Bruce Dorris, offers advice on how to take an active role in studying. The questions on the CFE Exam Prep Course mirror the format of the CFE Exam itself.
TIP #4 - Motivation. Tell yourself that you can do it! Self-motivation is important. Reward yourself with positive thoughts when you complete a section. Think about your values and goals and decide if you are reaching them. Decide on your best learning process for the remaining sections. Believe that you can succeed, and you will.