Feb-2024 Download Free Latest Exam CFE-Investigation Certified Sample Questions [Q28-Q51]

Posted On February 20, 2024

Feb-2024 Download Free Latest Exam CFE-Investigation Certified Sample Questions

Prepare for your exam certification with our CFE-Investigation Certified ACFE

The CFE-Investigation exam covers a wide range of topics related to fraud investigation, including legal aspects of fraud investigations, financial transactions and fraud schemes, interviewing techniques, data analysis, and report writing. Candidates who pass the exam are awarded the CFE-Investigation credential, which is recognized globally as a mark of excellence in fraud investigation. Certified Fraud Examiner – Investigation Exam certification is highly valued by employers and provides a competitive edge to professionals in the field of fraud investigation.

NEW QUESTION 28
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.

NEW QUESTION 29
Which of the following is NOT a function of a fraud examination report?

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

To add credibility to the fraud examiner’s work

To communicate the fraud examiner s qualifications for providing opinions about the case

To corroborate previously known facts

NEW QUESTION 30
When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?

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

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

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

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

NEW QUESTION 31
Which of the following is a best practice for obtaining a signed statement?

Make sure that everything is included in the signed statement and that no addendum are made

Have the suspect write out the entire statement in their own handwriting

Have two individuals witness the signing of the document when possible.

Include all of the subject’s offenses, whether related or not, in a angle document.

NEW QUESTION 32
Tonya, a suspect in a kickback scheme is being interviewed by Carlos, a fraud examiner As the interview progresses. Carlos notices that Tonya is exhibiting signs of stress such as repeatedly touching her face, crossing and uncrossing her legs and darting her eyes around the room. Carlos should conclude that Tonya’s behavior is the result of deception.

True

False

NEW QUESTION 33
Orlando is conducting a fraud examination regarding Fast Freight, a large publicly traded corporation, and wants to find the current officers and directors of the company. Which of the following would be the best source of information for this purpose?

Commercial filings

Real property records

The company’s corporate bylaws

Regulatory securities records

NEW QUESTION 34
Barnes, a Certified Fraud Examiner (CFE). is using data analysis to identify anomalies that might indicate fraud in XYZ Company’s accounts payable transactions. Which of the following is the MOST EFFECTIVE data analysis function that Barnes could use to look for potential fraud in accounts payable?

Compare book and tax depreciation and indicate variances

Identify paycheck amounts over a certain limit

Review recurring monthly expenses and compare to posted/paid invoices

All of the above

NEW QUESTION 35
Which of the following is the MOST ACCURATE statement about how fraud examiners shook! approach fraud examinations?

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

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

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

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

NEW QUESTION 36
Susan, a Certified Fraud Examiner (CFE). is conducting an ad mission-seeking interview of Beth, a fraud suspect. After Susan gave Beth a suitable rationalization for her conduct. Beth continued her denials, giving various alibis. Which of the following would be the LEAST EFFECTIVE technique for Susan to use in this situation?

Displaying evidence that specifically contradicts Beth’s alibis

Discussing some of Beth’s prior deceptions

Discussing the testimony of other witnesses

Displaying all the evidence she has against Beth at once

NEW QUESTION 37
______________ can be detected by closely examining the documentation submitted with the cash receipts.

Voided purchases

Fictitious refunds

Approved transaction

None of the above

NEW QUESTION 38
Management at Oak Company has asked Arthur, an internal auditor, to implement a data analysis program to search for warning signs of potential fraud within the company. Which of the following steps should Arthur conduct first to MOST effectively use data analysis techniques for such an initiative?

Analyze the data.

Cleanse and normalize the data

Build a profile of potential frauds.

Obtain the data.

NEW QUESTION 39
Which of the following statements is MOST ACCURATE regarding covert operations?

Fraud examiners should conduct coven operations only after attempting conventional methods of evidence-gathering

Mistakes in covert operations generally do not cause damage to their associated investigations

Covert operations rarely prove beneficial to investigations even when planned properly.

Most jurisdictions provide protections for investigators conducting covert operations that shield them from reputational, financial, and legal consequences.

NEW QUESTION 40
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.

NEW QUESTION 41
Baker, a Certified Fraud Examiner (CFE), is assigned to the internal audit department of the ABC Company.
He is getting ready to conduct an interview with another company employee who might be Involved In a fraud In general whit We should Baker use in the introduction to the employee?

Investigator

Auditor

Baker should omit a title altogether

Certified Fraud Examiner

NEW QUESTION 42
An investigator is preparing to administer what is likely to be an intense and extended interview with a fraud suspect. To organize their thoughts prior to the interview, the fraud examiner should:

Provide the suspect with a list of questions to ensure detailed responses-

Make a list of key points to go over with the respondent.

Develop a list of questions ranked in order of importance.

Memorize a detailed list of questions, but avoid taking a written list to the interview

NEW QUESTION 43
Which of the following is TRUE of a follow-up/recommendations section in a written fraud examination report?

A follow-up/recommendations section is not a required part of every written fraud examination report

A follow-up/recommendations section calculates the amount of loss caused by any misconduct identified during the investigation

A follow-up/recommendations section must include a list of organizational failings that contnbuted to the fraud

All of the above

NEW QUESTION 44
Why is it necessary to image a seized computer’s hard drive for forensic analysis?

To prohibit access to the suspect computer’s hard drive by individuals not professionally trained in forensic analysis

To allow for the analysis of data from a suspect computer without altering or damaging the original data in any way

To create pictures of the suspect computer system and its wires and cables

To enable the retrieval of data from the suspect computer directly via its operating system

NEW QUESTION 45
Beta, a Certified Fraud Examiner (CFE). is conducting an admission-seeking interview of Gamma, a fraud suspect. After Beta gave Gamma an appropriate rationalization for his conduct, Gamma continued his denials, giving various alibis. These alibis can usually be diffused by all of the following techniques EXCEPT:

Discussing the testimony of witnesses

Displaying physical evidence

Discussing Gamma’s prior deceptions

Downplaying the strength of the evidence

NEW QUESTION 46
If you are seizing a computer for forensic analysis, why is it generally necessary to seize any copiers connected to it?

Many copiers connect via parallel cables, which store and transmit copy job data.

Most copiers store, process, and transmit data m a cloud environment

Many copiers have internal hard drives that might contain information relevant to a fraud examination

Most copiers today are nonimpact copiers, meaning that they store copied images indefinitely.

NEW QUESTION 47
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

NEW QUESTION 48
A fraud examiner is based in Mexico, a non-European Union (EU) country and is collecting personal information from their company human resources (MR) files about an employee based in Germany an employee based country Based on these facts. The fraud examiner would need to comply with the EU’s General Data Protection Regulation (GDPR) when conducting their Internal investigation.

True

False

NEW QUESTION 49
Pedro, a Certified Fraud Examiner (CFE). is conducting an admission-seeking interview of Manuel, a fraud suspect. After Pedro diffused Manuel’s alibis. Manuel became withdrawn and stowty began to slouch m his chair, bowing his head and beginning to cry. What should Pedro do now?

Leave the room for a short lime

Ask Manuel to sit up straight

Demand that Manuel stop crying.

Present an alternative question.

NEW QUESTION 50
Which of the following is a unique challenge of cloud forensics not faced in traditional forensic practices?

Lack at Information accessibility

Lack of adequate data

Lack of prosecutorial interest

Lack of trust from cloud providers

NEW QUESTION 51
Which of the following is the MOST ACCURATE statement about trying to locate a subject using online records?

Most public records services do not maintain a list of past addresses

Obtaining a past address of the subject should be the first step in trying to locate a subject using online records