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| Section | Weight | Objectives |
|---|
| Topic 1: Investigation | 25% | - Evidence Collection and Documentation
- 1. Types and sources of evidence
- 2. Documentation and chain of custody
- Reporting Findings
- 1. Communication of findings to stakeholders
- 2. Investigation report structure
- Tracing Illicit Transactions
- 1. Financial data analysis techniques
- 2. Asset tracing and recovery methods
- Interviewing Techniques
- 1. Behavioral indicators and statement analysis
- 2. Planning and conducting interviews
- Conducting Fraud Investigations
- 1. Case management procedures
- 2. Investigation planning and methodology
|
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ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q141-Q146):
NEW QUESTION # 141
Baker, a Certified Fraud Examiner (CFE). contacts Dierdre for the purpose of conducting a routine, information-gathering interview Dierdre expresses a desire that her coworker. Matthew, whom Baker also plans to interview, be interviewed at the same time Baker should:
- A. Allow Matthew to be present as a silent observer.
- B. Interview Dierdre and Matthew separately.
- C. Interview Dierdre and Matthew at the same time, but bring in a second interviewer
- D. Interview Dierdre and Matthew at the same time by himself
Answer: B
Explanation:
Best practices emphasize separation:
* "Interviews should be conducted one-on-one to reduce the possibility of collusion, contamination, or intimidation of witnesses" (Fraud Examiners Manual - Interviewing Guidelines).This ensures independent and uncontaminated statements.
NEW QUESTION # 142
Misty, a fraud investigator, is interviewing Larry, who she suspects has been embezzling company funds.
Which of the following is NOT a recommended sequence in which Misty should ask Lam/ questions?
- A. Ask questions in random order to prevent Larry from knowing what question comes next.
- B. Start with questions about known information and work toward unknown information
- C. Start with general questions and move toward specific questions
- D. Ask questions seeking general information before seeking details
Answer: A
Explanation:
"As a general rule, questioning should proceed from the general to the specific; it is best to seek general information before details. A variation... is to begin with known information and work towards unknown areas"#9:2014 International Fraud Examiners Manual.pdf L39-L51#.
Random order isnot recommendedand breaks the logical flow.
NEW QUESTION # 143
When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?
- A. Prepare a detailed list of questions to ask the subject during the interview.
- B. Review the case file to ensure that important information has not been overlooked
- C. Consider what the interview is intended to accomplish and state an objective.
- D. Ensure that the interview is held in a venue where the subject will feel Uncomfortable
Answer: D
Explanation:
According to CFE guidance, when planning interviews, fraud examiners should:
* "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 list of topics and general questions.
* Choose a neutral and nonthreatening environment so the subject does not feel intimidated." Holding the interview in a venue intended to make the subject feel uncomfortableviolates proper CFE interview practice. Hence,Dis correct.
NEW QUESTION # 144
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. Downplaying the strength of the evidence
- B. Displaying physical evidence
- C. Discussing the testimony of witnesses
- D. Discussing Gamma's prior deceptions
Answer: A
NEW QUESTION # 145
Bobbie, a fraud examiner, is preparing to interview Craig, a close friend and coworker of the primary suspect in the case. Craig has been described by others as "easily angered" and "intense" How should Bobbie approach her interview of Craig?
- A. Avoid interviewing Craig if possible due to Craig's potential volatility
- B. Provide Craig with plenty of notice prior to the interview to not provoke resentment
- C. Ask Craig when ho would prefer to be interviewed in an effort to engender cooperation
- D. Conduct the interview with as little notice as possible so Craig will be unprepared
Answer: C
NEW QUESTION # 146
......
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