100% Updated ACFE CFE-Fraud-Investigations-and-Legal-Issues Enterprise PDF Dumps [Q100-Q117]

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100% Updated ACFE CFE-Fraud-Investigations-and-Legal-Issues Enterprise PDF Dumps

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ACFE CFE-Fraud-Investigations-and-Legal-Issues Exam Syllabus Topics:

Section	Weight	Objectives
Fraud Investigations and Legal Issues	25%	– Fraud Investigations 1. Evidence collection and documentation 2. Interviewing techniques and witness statements 3. Digital forensics and data analysis 4. Investigation planning and case management 5. Chain of custody and evidence preservation 6. Reporting investigation findings 7. Surveillance and covert operations – Legal Issues 1. Legal considerations in fraud investigations 2. Search and seizure procedures 3. Rights of suspects and accused persons 4. Courtroom procedures and testimony 5. Civil law concepts and liability 6. Rules of evidence and admissibility 7. Criminal law fundamentals related to fraud

Section

Weight

Objectives

Fraud Investigations and Legal Issues

25%

– Fraud Investigations

1. Evidence collection and documentation
2. Interviewing techniques and witness statements
3. Digital forensics and data analysis
4. Investigation planning and case management
5. Chain of custody and evidence preservation
6. Reporting investigation findings
7. Surveillance and covert operations

– Legal Issues

1. Legal considerations in fraud investigations
2. Search and seizure procedures
3. Rights of suspects and accused persons
4. Courtroom procedures and testimony
5. Civil law concepts and liability
6. Rules of evidence and admissibility
7. Criminal law fundamentals related to fraud

NEW QUESTION 100
Which of the following data analysis functions is used to determine whether company policies are met by employee transactions, such as verifying that traveling employees book their accommodations at approved hotels?

The correlation analysis function

The Join function

The gap testing function

The compliance verification function

NEW QUESTION 101
The Financial Action Task Force (FATF) Recommendations suggest that countries should do which of the following?

Use a risk-based approach when creating and establishing their anti-money laundering policies.

Require financial institutions to monitor their customers ‘ social media activity for signs of money laundering.

Only conduct business with other countries that comply with the anti-money laundering recommendations.

Impose a sentence of five years of imprisonment for all money laundering and terrorist financing convictions.

NEW QUESTION 102
Which of the following statements about how fraud examiners should plan to approach fraud examinations is MOST ACCURATE?

Fraud examiners should follow the circumstantial approach when planning and conducting fraud examinations.

Fraud examiners should approach a fraud examination from both the perspective that fraud has occurred and that it has not occurred.

Fraud examiners should begin a fraud examination by focusing on details that are specific and then transition to more general information.

Fraud examiners should interview people who are more involved in the issues related to the fraud examination before interviewing people who are less involved.

NEW QUESTION 103
A fraud examiner is based m the United States, a non-European Union (EU) country, and is collecting personal information from their company ‘ s human resources (HR) files about an employee based in Spain, an EU 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 104
Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions

Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement

Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity

Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions

NEW QUESTION 105
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 106
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 corroborate previously known facts

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

NEW QUESTION 107
Ted works for a private company working on several government contracts in a jurisdiction with whistleblower antiretaliation protection laws. Ted informs the contracting government agency of fraud conducted by several other employees of the company, qualifying him as a whistleblower under the law. A subsequent investigation reveals that Ted made several threats of violence against the employees accused of fraud for failing to include him in their scheme. Which of the following statements regarding Ted is MOST ACCURATE?

The private company cannot terminate Ted for reporting the fraud, but it can terminate him for threatening the employees.

The private company can terminate Ted for both reporting the fraud and threatening the employees.

The private company cannot terminate Ted for any reason until the whistleblower case has concluded and his protections expire.

The private company can terminate Ted for reporting the fraud, but it cannot terminate him for threatening the employees.

NEW QUESTION 108
In an inquisitorial judicial proceeding, which of the following parties is primarily responsible for questioning witnesses and generally has a larger role in the evidence-gathering process?

The defendant ‘ s counsel

The grand jury

The prosecution

The judge

NEW QUESTION 109
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 110
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 111
Diana is conducting a fraud investigation and wants to use an informant. The informant requests confidentiality and payment in exchange for their cooperation. If Diana agrees, which of the following options describes a best practice that she should follow?

Referring to the informant by their full name when writing an investigation memorandum.

Explaining to the informant that they must be willing to sign a receipt to be paid.

Omitting any references to the informant in the final report to ensure confidentiality.

Asking a third party to provide payment to the informant to make the paper trail less obvious.

NEW QUESTION 112
Which of the following is the MOST ACCURATE statement concerning the volatility of digital evidence?

Digital evidence is more volatile than tangible evidence because digital evidence is subject to claims of spoliation, whereas tangible evidence is not.

Digital evidence is more volatile than tangible evidence because the rules of admissibility for digital evidence are stricter than such rules for tangible evidence.

If the integrity of digital evidence is violated, it can often be restored through a digital cleansing process

The failure to preserve the integrity of digital evidence could result in evidence being deemed inadmissible in a legal proceeding

NEW QUESTION 113
Mae, a fraud examiner, is preparing to interview a subject who is from a different country. Before conducting the interview, Mae should:

Consult with legal counsel only if Mae expects that the investigation will involve more than two jurisdictions.

Request that a third-party witness be present regardless of any jurisdiction-specific rules because the interview involves a subject from another country.

Accommodate any of the subject’s cultural practices that might be relevant to the interview to avoid compromising the interview and investigation.

Educate the subject on the cultural practices common in Mae’s country to establish authority in the interview dynamic.

NEW QUESTION 114
Which of the following would be circumstantial evidence that a cashier at a retail store committed a cash larceny scheme that resulted in the theft of $900 from the store?

A witness testifies that they saw the cashier take money out of a cash register on the day that the theft occurred.

A diagram is used to display the location of the retail store’s cash registers.

A witness testifies that the cashier made a $900 deposit to their personal bank account the day after the theft occurred.

A coworker explains the ethics policy that the retail store’s employees must follow.

NEW QUESTION 115
At the end of a civil proceeding, the court finds the defendant, a company, liable and orders it to pay a large sum of money to compensate for the plaintiffs losses. Which of the following BEST describes this type of remedy?

Declaratory relief

Carnages

Equitable relief

Injunction

NEW QUESTION 116
Which of the following statements is TRUE regarding criminal proceedings and discovery in adversarial jurisdictions?

Most criminal proceedings are divided into pretrial, investigative and trial phases

Parties typically cannot request evidence from each other until after the trial begins.

The majority of criminal discovery usually occurs before the trial begins.

The judge is the primary driver of the discovery process in criminal proceedings.

NEW QUESTION 117
In which of the following scenarios would the expenditures method be the MOST APPROPRIATE method of establishing a subject’s sources of income using circumstantial proof?

It is suspected that the subject might not be able to legitimately afford the vacation home they just purchased.

It is suspected that the subject has accumulated wealth and acquired assets or paid down debts with illicit proceeds.

The subject spends illicit income on consumables, such as travel and entertainment, that would not cause an increase in net worth.

The subject’s identified expenses are much lower than their reported sources of legitimate income.