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Successful completion of the CFE-Investigation Exam requires a high level of dedication, commitment, and expertise. Candidates must have a minimum of two years of professional experience in a related field, such as accounting, auditing, law enforcement, or investigations. They must also adhere to the ACFE's code of ethics, which requires them to act with integrity, objectivity, and professionalism at all times. The CFE-Investigation Exam is a rigorous and challenging certification, but it is also a valuable credential that can open up new career opportunities and enhance your professional reputation in the field of fraud investigation.
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To become a CFE-Investigation certified professional, candidates must meet the eligibility requirements set by the ACFE, which include a minimum of a bachelor's degree and two years of professional experience in fraud investigation or related field. Candidates must also pass the CFE-Investigation Exam, which is a four-hour computer-based test consisting of 150 multiple-choice questions.
ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q83-Q88):
NEW QUESTION # 83
During an interview with Alice, a suspect in an embezzlement case, the interviewer observes several signs of stress in Alice's behavior, such as shifting around in her chair, exhibiting shallow breathing, and occasionally stuttering during her replies. The interviewer should conclude that these symptoms are caused by deception.
Answer: B
NEW QUESTION # 84
Which of the following statements concerning access to nonpublic records is FALSE?
- A. A fraud examiner can request a business's bank records even if the business is not legally obligated to comply.
- B. An audit clause can be designed to allow a party to inspect the books of a business partner or vendor.
- C. During the government's criminal investigation, a fraud examiner not employed by the government has a right to access relevant documents that the government has obtained.
- D. When civil litigation has commenced, a party often may obtain a subpoena or legal order for an individual's relevant bank records.
Answer: C
Explanation:
The manual notes:
"Records subpoenaed in a criminal case usually are available only to the government during the investigation, and perhaps thereafter if not disclosed at trial".
Thus, statement D is false.
NEW QUESTION # 85
Charles, a fraud examiner, accuses George of fraud during an admission-seeking interview. George immediately denies the charge How should Charles respond to George's denial?
- A. Remind George he has to tell the truth or face perjury.
- B. Allow George to continue denying the charge.
- C. Use a delaying tactic to interrupt the denial
- D. Counter the denial by arguing with George until further denials are futile
Answer: C
Explanation:
* "Once a denial is uttered, it becomes extremely difficult for the accused to change his response, because doing so would be an admission that he lied. Therefore, the interviewer must prevent an outright denial, thereby making it easier for the subject to confess".
* "One of the most effective techniques to stop or interrupt a denial is through a delaying tactic... the interviewer should attempt to delay the outright denial; he should not argue with the accused".
Thus, Charles should interrupt with a delaying tactic.
NEW QUESTION # 86
When documenting interviews, it is best practice for the interviewer to.
- A. Note impressions regarding the subject's guilt or innocence.
- B. Covertly record all interviews with potential suspects.
- C. Write down verbatim all the information that the subject provides
- D. Err on the side of taking too few notes rather than too many.
Answer: D
NEW QUESTION # 87
Which of the following statements is MOST ACCURATE regarding how a fraud examiner should prepare for an interview with a subject from a different jurisdiction?
- A. A fraud examiner should find out whether the interviewee can insist upon the presence of a legal representative
- B. A fraud examiner does not need to research cultural considerations such as appropriate greetings and eye contact.
- C. Failing to observe cultural norms is not a concern if the interviewer is from a different country than the interviewee.
- D. Consulting with legal counsel is only necessary when an investigation spans multiple
Answer: A
NEW QUESTION # 88
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