ACFE CFE-Investigation Real Exam Questions and Answers FREE [Q68-Q82] – IT Certification Exam Questions & Answers

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ACFE CFE-Investigation Real Exam Questions and Answers FREE

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Q68. Charles, a fraud examiner, accuses George of fraud during an admission-seeking interview. George immediately denies the charge How should Charles respond to George’s denial?

Counter the denial by arguing with George until further denials are futile

Use a delaying tactic to interrupt the denial

Remind George he has to tell the truth or face perjury.

Allow George to continue denying the charge.

Q69. Which of the following statements concerning access to nonpublic records is FALSE?

When civil litigation has commenced, a party often may obtain a subpoena or legal order for an individual’s relevant bank records.

A fraud examiner can request a business’s bank records even if the business is not legally obligated to comply.

An audit clause can be designed to allow a party to inspect the books of a business partner or vendor.

During the government’s criminal investigation, a fraud examiner not employed by the government has a right to access relevant documents that the government has obtained.

Q70. Antonio is the former boyfriend of Hannah, a fraud suspect. He approaches Ashley, a fraud examiner at Hannah’s company, and offers to provide critical information about Hannah’s fraud in exchange for full confidentiality. Which of the following is the MOST APPROPRIATE response for Ashley to make?

Ashley should explain that Antonio may have qualified confidentiality but that she cannot make any absolute assurances

Ashley should promise Antonio unqualified confidentiality over all information provided

Ashley should explain that all information must be disclosed to management so nothing Antonio says will be confidential

Ashley should promise Antonio that his identity will not become known.

Q71. Christopher, a fraud examiner, is conducting an admission-seeking interview with Jennifer, an employee suspected of stealing cash. Which of the following is the LEAST EFFECTIVE phrasing for Christopher to use when posing an admission-seeking question to Jennifer?

“Did you steal the money?”

‘What did you do with the money?”

“Why did you take the money?”

“How much of the money do you have left?”

Q72. Which of the following is the MOST IMPORTANT question for a fraud examiner to ask before commencing a legal action to recover assets?

“Is there a relevant statute of limitations9”

“Does the suspect already have a criminal record?”

“Is the suspect guilty of the fraudulent act?”

“Are nonlegal recovery methods or remedies available?”

Q73. All of the following are true with regard to textual analytics EXCEPT:

When conducting textual analysis, the fraud examiner should come up with a list of fraud keywords to search for.

Textual analytics is used to reveal patterns, sentiments, and relationships indicative of fraud

The purpose of textual analytics is to search for and find an admission of fraud that can be presented in court

Textual analytics provides the ability to uncover warning signs of potentially fraudulent employee behavior

Q74. A fraud examiner believes that a suspect might have used illicit funds to construct a commercial building to fit a restaurant .Which of the following records would be the MOST helpful in confirming the owner of the building?

Building permit records

Commercial filings

Voter registration records

Local court records

Q75. Which of the following statements about the process of obtaining a verbal confession is NOT true?

The transition from the accusation to the confession should occur when the accused supplies the first detailed information about the offense.

Fraudsters tend to overestimate the amount of funds involved in the offense to relieve themselves of the guilt of their dishonest actions.

If the subject lies about an aspect of the offense in the process of confessing, it is best to proceed initially as if the falsehood has been accepted as truth.

The three general approaches to obtaining a verbal confession are chronologically, by transaction, or by event.

Q76. Which of the following is a reason why a subject’s credit card records and statements can be useful in tracing investigations?

Credit card records can provide leads to help identify a subjects hidden assets

Credit card records can show signs that the subject has skimmed funds.

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

Credit card statements provide insight into the subject’s litigation history

Q77. Tyson a fraud examiner a planning an interview with Brianna, the girlfriend of the central suspect in Tyson s investigation. Previous interviews with others have revealed that Brianna lends to be very protective of her boyfriend. How should Tyson approach the Interview with Brianna?

Ask Brianna when she would prefer to be interviewed in an effort to provoke cooperation.

Conduct the interview with as little notice as possible so Brianna will be unprepared

Provide Brianne with advance notice prior to the interview to inhibit resentment

Avoid interviewing Brianna if possible due to Brianna’s potential volatility

Q78. Which of the following is a reason why a person or organization might engage a fraud examiner to trace illicit transactions?

An attorney wants to evaluate an experts financial report.

An employer wants to know If an employee is falsifying regulatory reports.

A victim of fraud wants to facilitate the recovery of criminal proceeds

An entity needs to find hidden relationships In big data that otherwise would not be discovered

Q79. Which of the following data is the MOST DIFFICULT to recover during a digital forensic examination?

Time and date information about files

Websites visited

Files that have been overwritten

Communications sent via instant messenger

Q80. The term_____________refers to a process of resolving allegations of fraud from inception to disposition.

Fraud theory

Forensic investigation

Fraud management

Fraud examination

Q81. Elizabeth, a Certified Fraud Examiner (CFE), is conducting an admission-seeking interview with Shannon, a fraud suspect. Shannon is seated approximately five feet away from Elizabeth in an empty room The room has several pictures and posters on the wall, and the door is closed According to admission-seeking interview best practices, what change should Elizabeth make to the interview environment to increase the chances of the interview’s success?

Move the interview to a room without pictures or wall hangings to prevent distractions

Open the door so that Shannon feels free to leave at any time

Place a table between her and Shannon to create a psychological barrier

All of the above

Q82. Which of the following can constitute a bribe, even if the illicit payment is never actually made?

Offering a payment

Corruption in payment

kickback payment

Overbilling in payment

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