CFE-INVESTIGATION Online Practice Questions and Answers

When a fraud examiner is conducting an examination and is in the process of collecting. documents the fraud examiner should:

A. A Wait until all documents have been collected before establishing a database

B. Organize all the documents obtained in chronological order

C. Avoid touching original documents any more than necessary

D. Make copies of originals and leave the originals where they were found

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

A. Discussing Gamma's prior deceptions

B. Downplaying the strength of the evidence

C. Discussing the testimony of witnesses

D. Displaying physical evidence

Which of the following statements concerning a well-written fraud examination report is most accurate?

A. The report writer should avoid technical jargon where possible

B. Signed copies of the fraud examiner s Interview notes should be used to report interview details

C. Only relevant facts that support the fraud allegation should be included in the report

D. The report should convoy all information provided by witness

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

A. Offering a payment

B. Corruption in payment

C. kickback payment

D. Overbilling in payment

Eugene is conducting an admission-seeking interview of a suspect. During the interview the suspect frequently looks away from Eugene while responding to questions. Eugene can safely conclude that the suspect Is dishonest due to his failure to maintain eye contact.

A. True

B. False

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

A. An attorney wants to evaluate an experts financial report.

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

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

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

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.

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?

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

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

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

D. Avoid interviewing Brianna if possible due to Brianna's potential volatility

Which of the following is TRUE about observing the reactions of interview subjects?

A. Emotive words should be used early in the interview to observe the respondent s emotional reaction.

B. The interpretation of an interview subjects reactions requires specific skills on the part of the interviewer

C. The observation of body language is much less important than observing the words used by the subject

D. To effectively observe reactions an Interviewer should alternate between sensitive and nonsensitive questions early in the Interview

Max The controller of XYZ Company, noticed that the company's hotel expenses increased substantially from the prior year. He wants to check to see if this is reasonable by comparing hotel expenses from both years to the number to that XYZ's employees traveled. Which of the following date analysis function would be the most useful In helping Max analyze these two variables?

A. Benford's Law analysts

B. Verifying mutinies of a number

C. Duplicate testing

D. Correlation analysis