Question No. 1

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

AFraud examinations should begin with general information that is known, starting at the periphery, and then move to the more specific details.

BWhen conducting fraud examinations, fraud examiners should adhere to the means-and-ends approach

CWhen conducting fraud examinations, fraud examiners should operate under the assumption that the subjects are guilty

DIn most examinations, fraud examiners should interview those who are more involved in the matters at issue before interviewing those who are less involved.

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Correct Answer: A

Question No. 2

Which of the following is NOT one of the main limitations of conducting a search for public records using online databases?

AOnline public records searches are limited in the jurisdictions they cover.

BPublic records database companies are difficult to find.

COnline coverage of public records varies widely from jurisdiction to jurisdiction

DThe timeliness and accuracy of information in online databases must be validated

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Correct Answer: C

Question No. 3

Which of the following is NOT a function of a fraud examination report?

ATo convey all the evidence necessary for other parties to thoroughly evaluate the case

BTo add credibility to the fraud examiner's work

CTo corroborate previously known facts

DTo communicate the fraud examiner's qualifications for providing opinions about the case

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Correct Answer: D

Question No. 4

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

AConsider what the interview is intended to accomplish and state an objective.

BReview the case file to ensure that important information has not been overlooked

CPrepare a detailed list of questions to ask the subject during the interview.

DEnsure that the interview is held in a venue where the subject will feel Uncomfortable

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Correct Answer: D

Question No. 5

Which of the following statements about how fraud examiners should approach fraud examinations is FALSE?

AIn most examinations, fraud examiners should start interviewing the least involved candidates and proceed toward those who are potentially more involved.

BWhen conducting fraud examinations, fraud examiners should start with specific details and move toward more general information.

CWhen conducting fraud examinations, fraud examiners should adhere to the fraud theory approach.

DWhen conducting fraud examinations, fraud examiners should begin with general information that is known and then move to the more specific details.

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Correct Answer: B

Free ACFE CFE-Investigation Exam Actual Questions

The questions for CFE-Investigation were last updated On Nov 4, 2024