Free ACFE CFE-Investigation Exam Questions

Become ACFE Certified with updated CFE-Investigation exam questions and correct answers

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Total 172 Questions | Updated On: Mar 28, 2025

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Question 1

Which of the following is a factor that fraud examiners should consider when determining whether to dispose of evidence following the conclusion of a fraud examination?

A : ether the information was presented by a lay witness or an expert witness

B : ether the evidence is documentary or testimonial

C : ether the evidence is direct or circumstantial

D : ether the organization has a general document retention policy in place

Answer: D

Question 2

Marilyn, a Certified Fraud Examiner (CFE). is reasonably sure that Shelly, her primary suspect, committed the fraud in question Before scheduling an admission-seeking interview with Shelly. Marilyn should be reasonably sure of all of the following EXCEPT:

A : at all reasonable investigative steps have been taken

B : at the interview's time and location can be controlled

C : at no other person was involved in the fraud in question

D : at the interview's subject matter can be controlled

Answer: C

Question 3

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

A : follow-up recommendations section is a required part of every written fraud examination report

B : follow-up/recommendations section calculates the amount of fraud-related loss sustained by the organization

C : follow-up/recommendations section should state remedial measures for the organization to undertake

D : l of the above

Answer: C

Question 4

Management at First Choice Inc. suspects that Nathan, its chief financial officer (CFO), has been embezzling funds. It hires Rein

a. a Certified Fraud Examiner (CFE), to investigate the matter When conducting the fraud examination. Reina should proceed as though;

A : ter Nathan is terminated, the case will end

B : case will end in litigation.

C : than is guilty

D : matter will be resolved completely internally.

Answer: B

Question 5

Tony, a fraud examiner, believes that vendors might be submitting multiple invoices for the same sales with the hope that they will be paid more than once. He wants to ensure that no two invoices in the system have the same number. Which of the Mowing data analysis functions would be most useful for this test?

A : plicate search

B : nford's Law analysis

C : rrelation analysis

D : near regression

Answer: A

Page: 1 / 35

Total 172 Questions | Updated On: Mar 28, 2025

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