CFE-INVESTIGATION Online Practice Questions and Answers

Foster a Certified Fraud Examiner (CFE), needs to obtain a copy of a picture that a former employee of Friendly Interior an interior design studio posted on the company's website three years ago. Unfortunately because the website has since been updated the picture is no longer available on the website. Which of the following resources should Foster consult to find an earlier version of the Web page he needs?

A. The deep Web

B. The internet archives

C. The invisible Web

D. The Library of Congress

In response to an accusation made during an admission-seeking interview the subject Begins to voice a denial to the charge. How should the interviewer react to the first indication of a sublets denial'

A. Remind the subject of the laws against perjury

B. Interrupt the denial by using a delaying tactic

C. Argue the point directly with the subject until a confession is obtained

D. Allow the subject to continue denying the charge

Which of the following is NOT a common use of public sources of information?

A. Obtaining an individual's credit records

B. Finding out about a person's lifestyle

C. Developing background information on a subject

D. Corroborating or refuting witness statements

Which of the following is NOT true with regard to tracing the deposition of loan proceeds?

A. Tracing loan proceeds can Identify the presence of internal control weaknesses

B. Tracing loan proceeds can determine if the proceeds were deposited into hidden accounts

C. Tracing loan proceeds can determine if hidden accounts were used for loan payments

D. Tracing loan proceeds can uncover previously hidden assets

Which counts sometimes can give rise to inventory theft detection?

A. Perpetual inventory counts

B. Physical inventory counts

C. Concealment inventory counts

D. None of the above

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:

A. Develop a list of Questions ranked In order of importance

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

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

D. Memorize a defiled list of questions but avoid bringing a written list to the interview

Which of the following is NOT a step a fraud examiner must take before seizing evidence in a digital forensic investigation?

A. Obtain and become familiar with any applicable legal orders.

B. Determine whether there ate privacy issues related to the items(s) to be searched.

C. Ensure that any software used in a forensic capacity is legitimate.

D. Assemble an investigation team comprised only of outside digital forensic experts.

Arnold a Certified Fraud Examiner (CFF) for Integra Wealth, learns that Elizabeth an accounts payable clerk, recently purchased an expensive ski boat. Arnold also knows that Elizabeth recently purchased a vacation home on a nearby lake Arnold has sufficient predication to:

A. Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk.

B. Accuse Elizabeth directly of having committed fraud

C. Notify management of that Elizabeth has committed fraudulent acts.

D. Search Elizabeth's mobile phone for evidence of misconduct

Which of the following is an example of a leading question?

A. A "Was anyone from your learn absent from the meeting that wee?''

B. ''When did you realize that the records had been manipulated?"

C. "How well do you know your coworker Stacy, and have you ever socialized outside of wont?"

D. "Weren't you ware of the missing inventory several weeks before notifying your boss?"

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

A. When conducting fraud examinations, fraud examiners should adhere to the me an sand-ends approach

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

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

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