ACFE Certified Fraud Examiner CFE-INVESTIGATION Questions & Answers

• Question 31:

  Which of the following is NOT a step a fraud examiner must take before seizing evidence in a digital forensic investigation?

  A. Obtain and become familiar with any applicable legal orders.

  B. Determine whether there ate privacy issues related to the items(s) to be searched.

  C. Ensure that any software used in a forensic capacity is legitimate.

  D. Assemble an investigation team comprised only of outside digital forensic experts.

  Correct Answer: B

• Question 32:

  Cynthia is preparing to conduct a covert investigation Prior to conducting surveillance of her subject, she creates a memorandum outlining the basis for her operation. Which of the following pieces of information should she Include In her memorandum?

  A. Her first impression regarding the subject's culpability

  B. The identities of any confidential sources to be used in the operation

  C. The name of the subject she will be observing

  D. All of the above

  Correct Answer: D

• Question 33:

  A. Fraud examination

  B. Fraud assessment

  C. Fraud theory

  D. Forensic methodology

  Correct Answer: A

• Question 34:

  Tom, a Certified Fraud Examiner (CFE) was hired to trace Keeley's assets, To trace the assets, Tom uses Keeley's Books and records to analyze the relationship between the receipt and subsequent disposition of funds or assets. Which tracing method did Tom use?

  A. The direct method

  B. The comparative assets method

  C. The indirect method

  D. The asset method

  Correct Answer: B

• Question 35:

  Tahlia a Certified Fraud Examiner (CFE) was interviewing Gamma, a frud suspect During the interview Gamma seemed unconcerned he slouched in his chair and laughed out loud during the portion of the Interview when Tahlia asked if he knew any lads about the fraud From this conduct. Tahlia is likely to conclude that Gamma:

  A. Does not know the answers to Tahlia's questions

  B. Is letting the truth

  C. Is feeing bored by the interview process

  D. Is being deceptive

  Correct Answer: D

• Question 36:

  An investigator is preparing to administer what is likely to be an intense and extended interview with a fraud suspect. To organize their thoughts prior to the interview the fraud examiner should:

  A. Develop a list of Questions ranked In order of importance

  B. Make a list of key points to go over with the respondent

  C. Provide the suspect with a list of questions to ensure detailed responses

  D. Memorize a defiled list of questions but avoid bringing a written list to the interview

  Correct Answer: B

• Question 37:

  Which of the following is a reason why a person or organization might engage a fraud examiner to trace illicit transactions?

  A. An attorney wants to evaluate an experts financial report.

  B. An employer wants to know If an employee is falsifying regulatory reports.

  C. A victim of fraud wants to facilitate the recovery of criminal proceeds

  D. An entity needs to find hidden relationships In big data that otherwise would not be discovered

  Correct Answer: D

• Question 38:

  Which of the following can constitute a bribe, even if the illicit payment is never actually made?

  A. Offering a payment

  B. Corruption in payment

  C. kickback payment

  D. Overbilling in payment

  Correct Answer: A

• Question 39:

  Eugene is conducting an admission-seeking interview of a suspect. During the interview the suspect frequently looks away from Eugene while responding to questions. Eugene can safely conclude that the suspect Is dishonest due to his failure to maintain eye contact.

  A. True

  B. False

  Correct Answer: B

• Question 40:

  If an important witness becomes hostile and argumentative during an Interview, the interviewer generally should:

  A. Agree with the witness's points whenever possible.

  B. Terminate the interview

  C. Refute the witness's arguments

  D. Try to reason with the witness

  Correct Answer: C