ACFE Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues Sample Questions:

1. During court proceedings, a presiding judge refuses to admit an item of evidence because it fails to make a disputed fact more or less likely than it would be without the evidence. The judge has found that the evidence lacks:

A) Privilege
B) Reliability
C) Relevance
D) Authenticity

2. When documenting interviews, it is best practice for the interviewer to:

A) Conclude the interview notes by documenting any opinions or impressions regarding each subject's guilt or innocence.
B) Transcribe all the subject's responses using their exact words to prevent any potential claims of misquotation.
C) Avoid drawing unnecessary attention to electronic recording devices, if legally permitted to record, so the interviewee is not distracted.
D) Record notes from all interviews that have been conducted in the same document for easy reference.

3. Tariq is investigating Janine, an employee suspected of stealing funds. Tariq needs access to Janine's account records from her bank. Which of the following statements is MOST ACCURATE?

A) Janine has to be physically present at her bank when Tariq requests access to her account records for the bank to agree to give them to a third party.
B) Tariq must obtain Janine's oral consent before her bank will agree to release her account records to him.
C) Tariq might need to take legal action to obtain Janine's bank records if she is unwilling to provide him with written consent.
D) Tariq will be able to obtain Janine's records from the bank without consent or a legal order because banks are obligated to provide records if criminal activity is suspected.

4. Which of the following is the MOST ACCURATE statement about how fraud examiners shook! approach fraud examinations?

A) Fraud examinations should begin with general information that is known, starting at the periphery, and then move to the more specific details.
B) In most examinations, fraud examiners should interview those who are more involved in the matters at issue before interviewing those who are less involved.
C) When conducting fraud examinations, fraud examiners should adhere to the means-and-ends approach
D) When conducting fraud examinations, fraud examiners should operate under the assumption that the subjects are guilty

5. Mae, a fraud examiner, is preparing to interview a subject who is from a different country. Before conducting the interview, Mae should:

A) Consult with legal counsel only if Mae expects that the investigation will involve more than two jurisdictions.
B) Educate the subject on the cultural practices common in Mae's country to establish authority in the interview dynamic.
C) Request that a third-party witness be present regardless of any jurisdiction-specific rules because the interview involves a subject from another country.
D) Accommodate any of the subject's cultural practices that might be relevant to the interview to avoid compromising the interview and investigation.

Solutions: