TIP #1 - Studying well in advance pays off at the end. Study every day or as frequently as your schedule allows with a time budget in mind. Start by following these three steps:
1. Begin studying soon after you purchase the Prep Course.
2. Develop and follow a plan for getting yourself through this volume of material, starting with the section you are most familiar with.
3. At the beginning of each study session, complete a 10-minute review of your previous study session.
TIP# 2 - You should guess when you are not sure. If there are four possible 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 - Qualify for the Money-Back Pass Guarantee. To qualify for the Money-Back Pass Guarantee, you are required to answer each question at least once. In addition, you must earn a score of 85 percent or better on all four sections of the Practice Exam.
ACFE Vice President - Education John D. Gill, J.D., CFE, offers advice on how to qualify for the Money-Back Pass Guarantee as you prepare for the CFE Exam.