April 2015

TIP #1 - You should guess when you are not sure. Why?

Because if there are four answer options, you have a one-in-four chance of getting that question right. If you have ruled out one or two options as wrong, your chances are even higher. But if you do not guess, you have no chance at all. If you guess five times, you might get one or two more right.


TIP #2 - Answer all questions to the best of your knowledge.

Answer all questions to the best of your knowledge. You should guess when you are not sure. Why? Because if there are four answer options, you have a one-in-four chance of getting that question right. If you have ruled out one or two options as wrong, your chances are even higher. But if you do not guess, you have no chance at all. If you guess five times, you might get one or two more right.


TIP #3 - Take advantage of the Fraud Examiners Manual.

The Fraud Examiners Manual gives you a more detailed explanation of the answer to each study question.

In this video, ACFE Vice President - Education, John D. Gill, J.D., CFE, offers advice on how to take advantage of the Fraud Examiners Manual, which is included with your CFE Exam Prep Course.


TIP #4 - Motivation.

Make sure that you prepare well in advance before taking the CFE Exam so that you can focus all your energy on doing well. Follow up on the priorities you have set for yourself, and don't let others, or other interests, distract you from achieving your goal to become a CFE