ACFE Certified Fraud Examiner CFE-INVESTIGATION Questions & Answers

• Question 81:

  A fraud examiner is based in Mexico, a non-European Union (EU) country and is collecting personal information from their company human resources (MR) files about an employee based in Germany an employee based country Based on these facts. The fraud examiner would need to comply with the EU's General Data Protection Regulation (GDPR) when conducting their Internal investigation.

  A. True

  B. False

  Correct Answer: A

• Question 82:

  Which of the following is NOT one of the purposes of closing questions in a routine interview?

  A. To close the interview positively and maintain goodwill

  B. To gather additional facts

  C. To reconfirm facts

  D. To reduce testimony to a signed written statement

  Correct Answer: B

• Question 83:

  Which of the following is an example of a dosed question?

  A. "What are the dairy responsibilities for your current position''"

  B. 'How do you feel about your supervisor?"

  C. "How many years have you been with the company?'

  D. "Why did you stay late at work that day?"

  Correct Answer: C

• Question 84:

  Beta a Certified Fraud Examiner (CFE), is conducting an admission-seeking interview of Gamma a fraud suspect Alter Beta gave Gamma an appropriate rationalization for his conduct Gamma continued his denials, giving various alibis. These alibis usually can be diffused by all of the following techniques EXCEPT.

  A. Discussing Gamma's prior deceptions

  B. Downplaying the strength of the evidence

  C. Discussing the testimony of witnesses

  D. Displaying physical evidence

  Correct Answer: B

• Question 85:

  Which of the following is a reason why a subjects credit card statements can be useful in tracing investigations?

  A. Credit card records can show signs of skimming.

  B. Credit card statements provide insight into the subjects litigation history.

  C. Credit card statements can name people or companies with whom the subject conducts business.

  D. Credit card statements show the source of the funds used to pay a credit card bill.

  Correct Answer: C

• Question 86:

  Thea is conducting a fraud examination for a company and suspects one of the company 's vendors (a one-person operation) of fraudulent biting. Thea wants to obtain a copy of the suspect individuals credit report and personal data from a third-party information broker. If Thea works In a jurisdiction that regulates the distribution of personal credit information she cannot obtain the suspects personal credit data under any circumstances.

  A. True

  B. False

  Correct Answer: B

• Question 87:

  The most common method of detection in corruption cases is:

  A. Internal audits

  B. Internal controls

  C. Tips

  D. By accident

  Correct Answer: C

• Question 88:

  Which at the following should be done to prepare an organization for a formal fraud investigation?

  A. Notify Ml managers about the investigation explaining why it is happening and who is involved

  B. Notify key decision-makers when the investigation is about to begin

  C. Send an email to all employees explaining the investigation's purpose

  D. Inform the subject that they are under Investigation.

  Correct Answer: B

• Question 89:

  Blue, a Certified Fraud Examiner (CFE) was interviewing Green a fraud suspect Although Green had a strong memory when responding to questions involving insignificant events, he began asking Blue w repeat almost every question that addressed important facts. If Green b Involved In the suspected misconduct he might be repeating the question to:

  A. Gain tine to frame Ns answer

  B. Ensure he understood the question

  C. Distrect Blue and change the subject

  D. Test Blue's ability to ask consistent questions

  Correct Answer: A

• Question 90:

  When a fraud examiner is conducting an examination and is in the process of collecting. documents the fraud examiner should:

  A. A Wait until all documents have been collected before establishing a database

  B. Organize all the documents obtained in chronological order

  C. Avoid touching original documents any more than necessary

  D. Make copies of originals and leave the originals where they were found

  Correct Answer: A