This page was exported from Actual Test Materials [ http://blog.actualtests4sure.com ] Export date:Fri Nov 15 21:48:46 2024 / +0000 GMT ___________________________________________________ Title: CFE-Investigation Exam Questions - Real & Updated Questions PDF [Q56-Q77] --------------------------------------------------- CFE-Investigation Exam Questions - Real & Updated Questions PDF Pass Guaranteed Quiz 2023 Realistic Verified Free ACFE NEW QUESTION 56Tom, a Certified Fraud Examiner (CFE) was hired to trace Keeley’s assets, To trace the assets, Tom uses Keeley’s Books and records to analyze the relationship between the receipt and subsequent disposition of funds or assets. Which tracing method did Tom use?  The direct method  The comparative assets method  The indirect method  The asset method NEW QUESTION 57A fraud examiner suspects that an employee who is tasked with meeting new customers over business dinners to discuss their accounts is using those meetings to proposition the customers and steal business from the employee’s company. If the fraud examiner wanted to pose as a new customer and meet with the employee, which of the following would beet describe the fraud examiner’s method?  An undercover operation  An entrapment operation  A surveillance operation  A source operation NEW QUESTION 58Which 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 Join function  The correlation analysis function  The compliance verification function  The gap testing function NEW QUESTION 59Which 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 60Fraud examination repots should be written with which of the following audiences in mind?  Witnesses  Judges or juries  Opposing legal counsel  At of the above NEW QUESTION 61Which of the following is NOT one of the main limitations of conducting a search for public records using online databases?  Public records database companies are difficult to find  Online public records searches are limited in the jurisdictions they cover  Online coverage of public records varies widely from jurisdiction lo Jurisdiction  The timeliness and accuracy of information in online databases must be validated NEW QUESTION 62Boyd, a Certified Fraud Examiner (CFE). was hired to trace Lottie’s financial transactions. During his investigation. Boyd obtains records of electronic payments that Lottie made during the past five years. Which of the following are these records MOST LIKELY to reveal?  The market value of any real property Lottie owns  The assets that Lottie has purchased  The division and distribution of Lottie’s assets  If Lottie is skimming her employer’s funds NEW QUESTION 63When documenting interviews, it is BEST practice for the interviewer to:  Document notes for each interview separately, nduding those for electronic recordings.  Write down verbatim all of (he information that the subject provides during the interview  Err on the side of taking too many notes rather than too few.  Note impressions regarding the subject’s guilt or innocence. NEW QUESTION 64Which of the following is FALSE regarding link analysis?  Link analysis is a poor tool to use for investigating a money laundering scheme  Link analysis can be used to map connections between entities that share an address  Link analysis helps identify indirect relationships with several degrees of separation  Link analysis is an effective tool for demonstrating complex networks NEW QUESTION 65Marcus is trying to locate the financial statements of Acme Airlines, a multinational publicly traded corporation. Which of the following sources would be MOST EFFECTIVE for finding this information?  Commercial filings  Civil litigation records  Organizational filings  Regulatory securities records NEW QUESTION 66Which of the following is the MOST ACCURATE statement concerning the volatility, of digital evidence?  Digital evidence a 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 digital data can be altered or destroyed more easily than tangible information  The failure to preserve the integrity of digital evidence will not affect its admissibility in a legal proceeding  If the integrity of digital evidence is violated It can be easily restored using widely available data restoration programs NEW QUESTION 67Which of the following is the MOST ACCURATE statement about the privacy of information shared through social media?  the Privacy of Social Networks Treaty is a binding international treaty that makes it illegal for law enforcement to seek social media login credentials from users.  To access any user-posted information on social media sites fraud examinees must obtain some type of legal order from the Jurisdiction in which the user resides.  A fraud examiner cannot be held liable for violating a user’s privacy rights if they hack or break into areas of a social networking site designated as private because all social media Information is public  Hacking or breaking into information on social media sites that is restricted as private could result in liability for fraud examiners due to violation of users privacy rights NEW QUESTION 68Which of the following is a reason why a subjects credit card statements can be useful in tracing investigations?  Credit card records can show signs of skimming.  Credit card statements provide insight into the subjects litigation history.  Credit card statements can name people or companies with whom the subject conducts business.  Credit card statements show the source of the funds used to pay a credit card bill. NEW QUESTION 69Scarlett, a Certified Fraud Examiner (CFE), is conducting an admission-seeking interview of Plum, a fraud suspect. After Scarlett defused Plum’s alibis. Plum became withdrawn and slowly began to slouch in her chair, bowing her head. What should Scarlett do now?  Discourage Plum from showing any emotion.  Remain silent until Plum makes a confession.  Insist that Plum sit up straight in her chair  Continue to display evidence that implicates Plum NEW QUESTION 70Which of the following is the MOST ACCURATE statement about how fraud examiners should approach fraud examinations?  When conducting fraud examinations, fraud examiners should adhere to the me an sand-ends approach  In most examinations fraud examiners should interview those who are more involved in the matters at issue before interviewing those who are less involved.  When conducting fraud examinations fraud examiners should operate under the assumption that the subjects are guilty  Fraud examinations should begin with general information that is known, starting at the periphery, and then move to the more specific details. NEW QUESTION 71Which 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 72If the following statements were included in a fraud examination report of a qualified expert, which of them would be IMPROPER?  “When asked a second time about the amount of funds missing, the suspect contradicted their previous testimony.”  “The evidence shows that between S1 million and S1.5 million in assets were transferred to an offshore account.”  “The organization must address the inadequate separation of accounting duties to prevent such an event from happening again.”  “In light of all the evidence, the suspect is most likely guilty of fraud against the organization.” NEW QUESTION 73Why do fraud examiners perform analysis on unstructured or textual data?  To categorize data to reveal patterns sentiments and relationships indicative of fraud  To find an admission of fraud in an email or other communication that can be presented m court  To figure out whether someone is tying or telling the truth based on context dues  To determine whether the footnotes to the financial statements are fatly presented NEW QUESTION 74When reporting the results of a fraud examination is best to include copies (not originals) of important documents in the formal report.  True  False NEW QUESTION 75Barnes, 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 76Why 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 77Anne used Will as a confidential informant in her investigation Anne listed information provided by Will in her final report, referring to him using his initials. She paid Will in cash and obtained a receipt for the transaction. Which of Anne’s methods was NOT considered a best practice when using informants?  Referring to Will using his initials  Obtaining a receipt from Will  Using information provided by Will in her report  Using cash to pay Will  Loading … The Association of Certified Fraud Examiners (ACFE) is an international professional organization dedicated to fighting fraud and white-collar crime. One of the ways that the ACFE accomplishes this mission is by offering certification programs for professionals working in the field of fraud investigation. The Certified Fraud Examiner (CFE) designation is one of the most respected and recognized credentials in the anti-fraud profession. The Certified Fraud Examiner - Investigation (CFE-Investigation) Certification Exam is an internationally recognized certification for professionals who specialize in investigating financial fraud. The exam is offered by the Association of Certified Fraud Examiners (ACFE), which is the world's largest anti-fraud organization with over 85,000 members in more than 160 countries.   Get to the Top with CFE-Investigation Practice Exam Questions: https://www.actualtests4sure.com/CFE-Investigation-test-questions.html --------------------------------------------------- Images: https://blog.actualtests4sure.com/wp-content/plugins/watu/loading.gif https://blog.actualtests4sure.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-05-21 13:51:51 Post date GMT: 2023-05-21 13:51:51 Post modified date: 2023-05-21 13:51:51 Post modified date GMT: 2023-05-21 13:51:51