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ACFE CFE-Investigation Exam Overview:
| Certification Vendor: | ACFE (Association of Certified Fraud Examiners) |
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| Exam Name: | Certified Fraud Examiner - Investigation Exam |
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| Exam Number: | CFE-Investigation |
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| Real Exam Qty: | 120 |
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| Exam Format: | Multiple Choice, True/False, Closed-book |
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| Related Certifications: | Certified Fraud Examiner (CFE) - Law Certified Fraud Examiner (CFE) - Fraud Prevention & Deterrence Certified Fraud Examiner (CFE) - Financial Transactions & Fraud Schemes |
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| Available Languages: | English |
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| Exam Price: | $480 USD |
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| Certificate Validity Period: | 2 years (extendable by 1 year) |
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| Passing Score: | 75% |
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| Exam Duration: | 150 minutes |
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| Recommended Training: | Fraud Examination Manual CFE Exam Review Course |
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| Exam Registration: | ACFE Official Registration Prometric Exam Scheduling |
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| Sample Questions: | ACFE CFE-Investigation Sample Questions |
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| Exam Way: | Online remote proctored or in-person at Prometric test centers |
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| Pre Condition: | ACFE membership required; minimum 50 eligibility points (education + professional experience); meet character and ethics requirements |
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| Official Syllabus URL: | https://www.acfe.com/examoutline/-/media/fde6a89275d248339f8ebb9bb5254b25.ashx |
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ACFE CFE-Investigation exam is a rigorous and challenging exam that requires a high level of knowledge, skills, and experience in the field of fraud investigation. Candidates who are interested in taking the exam must have a minimum of two years of professional experience in a field related to fraud investigation. CFE-Investigation Exam is computer-based and consists of multiple-choice questions that must be completed within a four-hour time limit. CFE-Investigation exam is offered at various locations worldwide and can be taken at any time of the year.
ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q75-Q80):
NEW QUESTION # 75
When a fraud examiner is conducting an examination and is in the process of collecting documents, the fraud examiner should:
- A. Dust all physical key documents for fingerprints
- B. Establish a document database early in the investigation
- C. Organize all the documents obtained in chronological order
- D. Make copies of originals and leave the originals where they were found
Answer: B
NEW QUESTION # 76
Management at First Choice Inc. suspects that Nathan, its chief financial officer (CFO), has been embezzling funds. It hires Reina. a Certified Fraud Examiner (CFE), to investigate the matter When conducting the fraud examination. Reina should proceed as though;
- A. After Nathan is terminated, the case will end
- B. The matter will be resolved completely internally.
- C. Nathan is guilty
- D. The case will end in litigation.
Answer: D
Explanation:
Both the CFE Prep Guide and the Fraud Examiners Manual state thatevery fraud examination must be conducted under the assumption that litigation will result. This ensures that evidence is collected and preserved properly, in compliance with legal standards:
"Each fraud examination should begin with the proposition that the case will end in litigation... If the fraud examiner assumes that litigation will occur, he will conduct the examination in accordance with the proper rules of evidence".
This principle protects the integrity of the examination and ensures admissibility of evidence if the matter proceeds to court.
NEW QUESTION # 77
Which of the following is a unique challenge of cloud forensics not faced in traditional forensic practices?
- A. Lack at Information accessibility
- B. Lack of prosecutorial interest
- C. Lack of trust from cloud providers
- D. Lack of adequate data
Answer: A
NEW QUESTION # 78
Steve, a Certified Fraud Examiner (CFE). was interviewing Michelle, a fraud suspect. Dunng the first part of the interview. Michelle was attentive. However, when he asked her more direct questions about the fraud, she suddenly seemed unconcerned, alternately chewing on her pen cap and picking at a loose piece of fabric on the arm of her chair. From this conduct. Steve is likely to conclude that Michelle
- A. Is feeling bored by the interview process
- B. Does not know the answers to Steve's questions
- C. Is being deceptive
- D. Is telling the truth
Answer: C
Explanation:
Nonverbal deception cues include feigned unconcern, slouching, chewing objects, and manipulating clothing.
Michelle's conduct (chewing pen cap, picking at fabric, appearing unconcerned) matches these signs ofdeception.
NEW QUESTION # 79
Which of the following statements is MOST ACCURATE regarding covert operations?
- A. Most jurisdictions provide protections for investigators conducting covert operations that shield them from reputational, financial, and legal consequences.
- B. Fraud examiners should conduct coven operations only after attempting conventional methods of evidence-gathering
- C. Mistakes in covert operations generally do not cause damage to their associated investigations
- D. Covert operations rarely prove beneficial to investigations even when planned properly.
Answer: D
NEW QUESTION # 80
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