Practice CFE-Investigation Exam Online

Question 1

Management at First Choice Inc. suspects that Nathan, its chief financial officer (CFO), has been embezzling funds. It hires Rein

a. a Certified Fraud Examiner (CFE), to investigate the matter When conducting the fraud examination. Reina should proceed as though;

A : After Nathan is terminated, the case will end

B : The case will end in litigation.

C : Nathan is guilty

D : The matter will be resolved completely internally.

Answer: B

Question 2

Which of the following sets of numbers could a fraud examiner MOST LIKELY benefit from running a Benford's Law analysis on?

A : Telephone numbers

B : Vendor invoice amounts

C : Employee identification numbers

D : Bank account numbers

Answer: B

Question 3

Which of the following is a factor that fraud examiners should consider when determining whether to dispose of evidence following the conclusion of a fraud examination?

A : Whether the information was presented by a lay witness or an expert witness

B : Whether the evidence is documentary or testimonial

C : Whether the evidence is direct or circumstantial

D : Whether the organization has a general document retention policy in place

Answer: D

Question 4

When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?

A : Consider what the interview is intended to accomplish and state an objective.

B : Review the case file to ensure that important information has not been overlooked

C : Prepare a detailed list of questions to ask the subject during the interview.

D : Ensure that the interview is held in a venue where the subject will feel Uncomfortable

Answer: D

Question 5

Sarah is conducting an admission-seeking interview of a suspect. Throughout the interview, the suspect makes little eye contact with Sarah. Based on this information atone, can Sarah conclude that the suspect is being deceptive?

A : Yes, because it is safe to assume that suspects who avoid eye contact are most likely being deceptive.

B : Yes, because avoiding eye contact is a sign of deceptive.

C : No, because this is not enough information to conclude that the suspect is being deceptive

D : No, because avoiding eye contact is not directly linked to deception.

Answer: C

Name:	Certified Fraud Examiner - Investigation
Exam Code:	CFE-Investigation
Certification:	Certified Fraud Examiner
Vendor:	ACFE
Total Questions:	172
Last Updated:	Apr 23, 2024

ACFE CFE-Investigation