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CFE-Investigation Practice Questions

Certified Fraud Examiner (CFE) - Investigation

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Total Questions : 181

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Question # 11

Anne used Will as a confidential informant in her investigation Anne listed information provided by Will in her final report, referring to him using his initials. She paid Will in cash and obtained a receipt for the transaction. Which of Anne's methods was NOT considered a best practice when using informants?

Options:

A.  

Referring to Will using his initials

B.  

Obtaining a receipt from Will

C.  

Using information provided by Will in her report

D.  

Using cash to pay Will

Discussion 0
Question # 12

Which of the following statements concerning a well-written fraud examination report is MOST ACCURATE?

Options:

A.  

The report should convey all Information provided by witnesses

B.  

Only relevant facts that support the fraud allegation should be included in the report

C.  

The report writer should avoid technical jargon where possible

D.  

Signed copies of the fraud examiner's interview notes should be used to report interview details

Discussion 0
Question # 13

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

Options:

A.  

The interpretation of an interview subject's reactions requires specific skills on the part of the interviewer.

B.  

The observation of a subjects body language is often just as important as the observation of the words used by the subject.

C.  

Emotive words should be used early in the interview to observe the respondents emotional reaction.

D.  

To effectively observe reactions, an interviewer should move from less sensitive to more sensitive questions as the interview progresses.

Discussion 0
Question # 14

Sylvia, a novice interviewer, asks Adam, the respondent, the following question: "Didn't you know that something wasn't right?" This kind of question is called a_____________question.

Options:

A.  

Double-negative

B.  

Free narrative

C.  

Controlled answer

D.  

Complex

Discussion 0
Question # 15

Which of the following sources of information is usually considered to be the MOST IMPORTANT in tracing a subject's assets?

Options:

A.  

Credit card statements

B.  

PaystuDs

C.  

Surveillance footage

D.  

Financial institution records

Discussion 0
Question # 16

Scarlett, a Certified Fraud Examiner (CFE), is conducting an admission-seeking interview of Plum, a fraud suspect. After Scarlett defused Plum's alibis. Plum became withdrawn and slowly began to slouch in her chair, bowing her head. What should Scarlett do now?

Options:

A.  

Discourage Plum from showing any emotion.

B.  

Remain silent until Plum makes a confession.

C.  

Insist that Plum sit up straight in her chair

D.  

Continue to display evidence that implicates Plum

Discussion 0
Question # 17

Elsa, a fraud examiner at ABC Corp., is interviewing Leah, a fraud suspect. Leah allegedly committed a fraud scheme that resulted in a loss of $200,000 for AB

C.  

Elsa asks Leah directly whether she was involved in the fraud. Which of the following responses from Leah is MOST LIKELY an indication that she is being deceptive?

Options:

A.  

“No, I have never stolen anything from AB

C.  

B.  

“I had no involvement with the scheme.”

C.  

“Why would I do something like that?”

D.  

“No, I did not commit fraud against AB

C.  

Discussion 0
Question # 18

Which of the following terms refers to a process of resolving allegations of fraud from inception to disposition?

Options:

A.  

Forensic methodology

B.  

Fraud theory

C.  

Fraud assessment

D.  

Fraud examination

Discussion 0
Question # 19

Which of the following is TRUE of a follow-up/recommendations section in a written fraud examination report?

Options:

A.  

A follow-up recommendations section is a required part of every written fraud examination report

B.  

A follow-up/recommendations section calculates the amount of fraud-related loss sustained by the organization

C.  

A follow-up/recommendations section should state remedial measures for the organization to undertake

D.  

All of the above

Discussion 0
Question # 20

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?

Options:

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.

Discussion 0
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