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The CFE-Fraud-Prevention-and-Deterrence Exam is a computer-based test that consists of multiple-choice questions. CFE-Fraud-Prevention-and-Deterrence exam is divided into four sections, each testing the candidates on a specific area of fraud prevention and detection. The first section tests the candidate's knowledge of fraud prevention and deterrence, including understanding the principles of fraud prevention, assessing fraud risk, and implementing fraud prevention programs. The second section focuses on financial transactions and fraud schemes, including understanding accounting concepts, analyzing financial statements, and detecting and investigating financial statement fraud.

Reference: https://www.acfe.com/details-exam-preparation.aspx

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The Certified Fraud Examiner - Fraud Prevention and Deterrence (CFE-Fraud-Prevention-and-Deterrence) exam is a prestigious certification that prepares individuals to uncover fraudulent activities and investigate financial crimes. CFE-Fraud-Prevention-and-Deterrence exam is designed by the Association of Certified Fraud Examiners (ACFE), which is a global organization that aims to reduce fraud and white-collar crimes. The CFE-Fraud-Prevention-and-Deterrence certification is highly valued in the financial industry, especially for professionals who are into fraud investigation and prevention.