No, the CFE Exam is not an open-book examination.
The CFE Exam is a rigorous test that assesses a candidate's knowledge and skills in fraud prevention, detection, and deterrence. To ensure the integrity and validity of the results, it is administered under strict conditions.
Understanding the CFE Exam Format
The CFE Exam is designed to be a comprehensive evaluation of a candidate's mastery of the certified fraud examiner body of knowledge. This means candidates must rely entirely on their prepared knowledge during the examination.
Key Characteristics of the CFE Exam
To provide clarity on the exam's structure and rules, here are its essential characteristics:
Exam Characteristic | CFE Exam Details |
---|---|
Book & Notes Policy | Closed-book and closed-notes. No external materials are permitted. |
Administration | Administered online via computer. |
Structure | Composed of four distinct sections. |
Scheduling | Can be taken at a time convenient for the candidate, offering flexibility in scheduling. |
The closed-book and closed-notes policy signifies that candidates must have a thorough understanding and retention of the study material. There is no allowance for consulting textbooks, notes, or any other reference materials during the exam. This format emphasizes true comprehension and recall, ensuring that those who pass possess the deep knowledge required for the CFE credential.