Generally, Applicants for CFE Certification Should Have a Minimum of a Bachelor's

question 1

Multiple Choice

Generally, applicants for CFE certification should have a minimum of a bachelor's degree or equivalent from an institution of higher learning. Alternatively, if applicants do not have a bachelor's degree, they may substitute months of fraud-related professional experience for each year of academic study.

• A) 24
• B) 18
• C) 12
• D) 9

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Definitions:

Opportunity Cost

Abstaining from possible rewards offered by other selections upon choosing one.

Agricultural Output

The total production of crops, livestock, and other agricultural goods within a specific period, usually expressed in quantity or value terms.

Rural India

Refers to the countryside areas of India, often characterized by agricultural communities, lesser-developed infrastructure, and traditional lifestyles.

Opportunity Cost

The value of the next best alternative that must be foregone as a result of making a decision.