ACFE CFE-Fraud-Investigations-and-Legal-Issues Practice Exam Questions

ACFE CFE-Fraud-Investigations-and-Legal-Issues Sample Question Answers

Question # 1

During an internal investigation Todd a Certified Fraud Examiner (CFE) interviewedJanessa a fraud suspect Although Janessa wanted to leave in the middle of the interview,Todd blocked the exit and prevented her from leaving Janessa subsequently confessed tocommitting fraud If under these facts Janessa files a lawsuit (or false imprisonment againstTodd, Todd will likely

A. Win the case because he is protected under the qualified business privilege  
B. Lose the case if a trier of fact concludes that he restrained Janessa without consent orlegal justification 
C. Lose the case because janessa did not leave the interview  
D. Win the case if he did not know the conduct was illegal  

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Question # 2

Jukka, an employee of QRS Inc., is being investigated for fraud and is interviewed by aninternal investigator. After the interview, Jukka feels so distressed that she decides to suefor intentional infliction of emotional distress. Which of the following elements must beproven for Jukka to recover damages under this claim?

A. The investigator intended for their conduct to cause the victim distress.  
B. The investigator owed the victim a duty of care.  
C. The victim’s distress caused them to suffer reputational damage.  
D. The victim’s distress occurred for at least two years.  

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Question # 3

Which of the following choices is a method of pretrial civil discovery that is often found incommon law jurisdictions?

A. Injunctions  
B. Production writs  
C. Indictments  
D. Affidavits of documents  

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Question # 4

Which of the following is NOT true about observing the reactions of interview subjects? 

A. The interpretation of an interview subject's reactions requires specific skills on the partof the interviewer
B. The observation of a subjects body language is often just as important as theobservation of the words used by the subject. 
C. Emotive words should be used early in the interview to observe the respondentsemotional reaction. 
D. To effectively observe reactions, an interviewer should move from less sensitive to moresensitive questions as the interview progresses. 

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Question # 5

An attorney hires a fraud examiner to work on an embezzlement case. In connection withthe case, the attorney emails the fraud examiner a copy of a memorandum that is protectedby a legal professional privilege. Which of the following statements is most accurate?

A. The attorney did not waive the privilege because the legal professional privilege belongsto the client, not the attorney. 
B. The attorney did not waive the privilege because the attorney hired the fraud examinerto work on the case. 
C. The attorney waived the privilege because they transmitted the protected information toa third party. 
D. The attorney waived the privilege because they used email to transmit the protectedinformation. 

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Question # 6

Ben, a Certified Fraud Examiner (CFE), and Vasquez both work for the XYZ Company, aprivate entity located in a jurisdiction with civil laws against privacy violations, defamation,and similar offenses. One day, Vasquez’s manager instructs Ben to search Vasquez’spersonal workbag even though he is not suspected of any wrongdoing. Assuming Benconducted the search without legitimate interest or authority and Vasquez had areasonable expectation of privacy, under which of the following civil claims would VasquezMOST LIKELY be able to recover damages against Ben?

A. Public disclosure of private facts  
B. False accusations  
C. Defamation  
D. Intrusion into an individual’s private matters  

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Question # 7

Talia has been hired by SBS Inc. to implement a new data analysis program to search forwarning signs of potential fraud within the company. Which of the following steps shouldTalia conduct first to MOST EFFECTIVELY use data analysis techniques for such aninitiative?

A. Build a profile of potential frauds.  
B. Monitor the data.  
C. Cleanse and normalize the data.  
D. Identify the relevant data  

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Question # 8

Which of the following would be most useful in determining when a specific document filewas created?

A. The document's metadata  
B. Internet activity data  
C. The system tog  
D. Operating system partition  

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Question # 9

Which of the following statements regarding the data analytics approach known aspredictive analytics is MOST ACCURATE?

A. In predictive analytics, layered artificial neural networks are used to accommodate moredata and more sophisticated algorithms to identify complex patterns. 
B. Predictive analytics involves configuring a program that imitates and integrates theactions of a human to execute certain business processes, which increases efficiency andautomates repetitive manual tasks. 
C. Predictive analytics involves the use of historical data, analyses, statistics, and machinelearning components to build a model that depicts important trends and creates aquantitative projection about future outcomes. 
D. In predictive analytics, computer systems are used to perform human tasks, such asvisual perception and decision-making. 

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Question # 10

The Organisation for Economic Co-operation and Developments (OECD) Recommendationon Combating Bribery m International Business (Recommendation) urges member statesto combat the bribery of foreign public officials by taking steps to improve which of thefollowing primary areas within their respective infrastructures?

A. Public health and safety regulations  
B. Laws and regulations related to public subsidies licenses, and contract procurement  
C. Laws and regulations covering e-commerce  
D. Consumer data protection laws  

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