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Achieving the CFE-Investigation Certification is a significant accomplishment for professionals in the fraud investigation field. It demonstrates a commitment to excellence, a dedication to ethical conduct, and a desire to stay up-to-date with the latest fraud investigation techniques and trends. It can also open up new career opportunities and help professionals advance in their current roles.
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The CFE designation is highly valued in the industry and is earned by professionals who have demonstrated their expertise in fraud prevention, detection, and investigation. To earn the CFE designation, candidates must pass a rigorous exam that covers four main areas: Fraud Prevention and Deterrence, Financial Transactions and Fraud Schemes, Investigation, and Legal Elements of Fraud.
The CFE-Investigation Exam covers a wide range of topics that are essential for fraud examiners, including financial transactions and fraud schemes, legal aspects of fraud investigation, interviewing techniques, and report writing. CFE-Investigation Exam consists of 125 multiple-choice questions and is administered in a computer-based format. Candidates have four hours to complete the exam, and a passing score of 75% or higher is required to earn the CFE credential.
ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q84-Q89):
NEW QUESTION # 84
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 at the same time, but bring in a second interviewer
- C. Interview Dierdre and Matthew at the same time by himself
- D. Interview Dierdre and Matthew separately.
Answer: D
NEW QUESTION # 85
Boyd, 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?
- A. The assets that Lottie has purchased
- B. The market value of any real property Lottie owns
- C. If Lottie is skimming her employer's funds
- D. The division and distribution of Lottie's assets
Answer: A
NEW QUESTION # 86
Martin, a fraud examiner, is conducting an interview of Stephanie, a fraud suspect. Although Stephanie heard all of the questions during the introductory part of the interview, she began asking Martin to repeat almost every question when they became more focused If Stephanie is being deceptive, which of the choices below is MOST LIKELY the cause of Stephanie's behavior?
- A. Stephanie is trying to make sure she understands the question so that she will not make a misstatement.
- B. Stephanie is delaying the answer so that she has more time to think of what to say.
- C. Stephanie is testing Martin to determine whether he is able to ask consistent questions
- D. Stephanie is having trouble recalling the events or details related to Martin's questions.
Answer: B
NEW QUESTION # 87
If the following statements were included in a fraud examination report of a qualified expert, which of them would be IMPROPER?
- A. "When asked a second time about the amount of funds missing, the suspect contradicted their previous testimony."
- B. "The evidence shows that between S1 million and S1.5 million in assets were transferred to an offshore account."
- C. "The organization must address the inadequate separation of accounting duties to prevent such an event from happening again."
- D. "In light of all the evidence, the suspect is most likely guilty of fraud against the organization."
Answer: D
NEW QUESTION # 88
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. Counter the denial by arguing with George until further denials are futile
- B. Use a delaying tactic to interrupt the denial
- C. Allow George to continue denying the charge.
- D. Remind George he has to tell the truth or face perjury.
Answer: B
NEW QUESTION # 89
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