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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 3 Question 130 Discussion

Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.
A) True
B) False

ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 3 Question 130 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 130
Topic #: 3
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

Statistical sampling enables the examiner to predict the occurrence rate for the population and therefore determine with some accuracy the error rate, or the potential for fraud.

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Suggested Answer: A

by Avery at Jul 18, 2026, 05:33 PM

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Jolene
3 days ago
I'm not entirely sure, but I remember something about sampling being used to detect fraud. Maybe A) True?
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Celeste
9 days ago
I think statistical sampling helps in estimating error rates, so I would lean towards A) True.
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