[Sep-2021] Certified Fraud Examiner CFE-Investigation Exam Practice Dumps
2021 CFE-Investigation Premium Files Test pdf - Free Dumps Collection
NEW QUESTION 13
Which of the following statements about the process of obtaining a verbal confession is TRUE?
- A. Fraudsters tend to overestimate the amount of kinds Involved in the offense to relieve themselves of the guff, of their dishonest actions
- B. The transition from the accusation to the confession should occur when the accused supplies the first detailed information about the offense.
- C. The only acceptable approaches to obtaining a verbal confession are chronologically or by transaction
- D. If the subject lies about an aspect of the offense In the process of confessing it is best to coned the records immediately before proceed.
Answer: B
NEW QUESTION 14
Which of the following data analysis functions is used to determine whether company policies are met by employee transactions such as verifying that traveling employees book their accommodations at approved hotels?
- A. The compliance verification function
- B. The Join function
- C. The correlation analysis function
- D. The gap testing function
Answer: A
NEW QUESTION 15
Which of the following is NOT an advantage to using link analysis in a fraud investigation?
- A. Link analysis visually displays financial ratio analysis
- B. Link analysis to an effective tool to demonstrate complex networks
- C. Link analysis allows the investigator lo discover patterns in data
- D. Link analysis helps identify indirect relationships with several degrees of separation
Answer: D
NEW QUESTION 16
Marcus is trying to locale me financial statements of Acme Airlines a multinational publicly traded corporation. Which of the following sources would be most effective tor finding this Information?
- A. Civil litigation records
- B. Organizational filings
- C. Regulatory securities records
- D. Commercial filings
Answer: D
NEW QUESTION 17
Which of the following is a reason why a person or organization might engage a fraud examiner to trace illicit transactions?
- A. A victim of fraud wants to facilitate the recovery of criminal proceeds
- B. An entity needs to find hidden relationships In big data that otherwise would not be discovered
- C. An employer wants to know If an employee is falsifying regulatory reports.
- D. An attorney wants to evaluate an experts financial report.
Answer: B
NEW QUESTION 18
Which of the following statements concerning a well-written fraud examination report is most accurate?
- A. The report should convoy all information provided by witness
- B. Signed copies of the fraud examiner s Interview notes should be used to report interview details
- C. Only relevant facts that support the fraud allegation should be included in the report
- D. The report writer should avoid technical jargon where possible
Answer: D
NEW QUESTION 19
Martin is a fraud examiner. He contacts Dianne for the purpose of conducting a routine information-gathering interview Dianne says that she wants her coworker, Sheila, whom Martin also plans to Interview to be present during fie interview Martin should:
- A. Interview Dianne and Sheila together but bring in a second interviewer.
- B. Allow Sheila to be present but only if she does not speak
- C. Interview Dianne and Sheila separately
- D. Interview Dianne and Shell together by himself
Answer: C
NEW QUESTION 20
Which of the following are the classifications for the Corruption?
- A. Bribery, economic extortion, illegal gratuities and conflicts of interest
- B. Overbilling, bribery, bid-ridding and illegal gratuities
- C. economic extortion, bribery, illegal gratuities and corruption
- D. Corruption, bribery, economic extortion, conflicts of interest
Answer: A
NEW QUESTION 21
If an important witness becomes hostile and argumentative during an Interview, the interviewer generally should:
- A. Agree with the witness's points whenever possible.
- B. Refute the witness's arguments
- C. Terminate the interview
- D. Try to reason with the witness
Answer: B
NEW QUESTION 22
Blue, a Certified Fraud Examiner (CFE) was interviewing Green a fraud suspect Although Green had a strong memory when responding to questions involving insignificant events, he began asking Blue w repeat almost every question that addressed important facts. If Green b Involved In the suspected misconduct he might be repeating the question to
- A. Distrect Blue and change the subject
Test Blue's ability to ask consistent questions - B. Ensure he understood the question
- C. Gain tine to frame Ns answer
Answer: C
NEW QUESTION 23
Which of the following is the LEAST accurate statement about seeing a computer for examination?
- A. When seizing a computer that is running, it is acceptable to review the files contained on the machine prior to seizing it.
- B. When seizing a computer for examination the seizing party should look around the area for passwords because many people leave passwords near their computers.
- C. Before removing a computer system from a scene for further analysis. It is important to document, the system's setup with photographs or diagrams
- D. When taking a computer for examination it the computer is off should remain off when It is removed.
Answer: C
NEW QUESTION 24
A fraud examiner contacts a witness regarding an interview. If the respondent says, 'I'm too busy' how should the fraud examiner react?
- A. Caution the witness that avoidance of the Interview will be considered suspicious
- B. Explain that the respondent will be subject to discipline if they do not participate
- C. Stress that the interview will be short
- D. Inquire about a owe convenient time
Answer: C
NEW QUESTION 25
Which of the following is the MOST ACCURATE statement about the privacy of information shared through social media?
- A. A fraud examiner cannot be held liable for violating a user's privacy rights if they hack or break into areas of a social networking site designated as private because all social media Information is public
- B. To access any user-posted information on social media sites fraud examinees must obtain some type of legal order from the Jurisdiction in which the user resides.
- C. the Privacy of Social Networks Treaty is a binding international treaty that makes it illegal for law enforcement to seek social media login credentials from users.
- D. Hacking or breaking into information on social media sites that is restricted as private could result in liability for fraud examiners due to violation of users privacy rights
Answer: C
NEW QUESTION 26
Which of the following is NOT a best practice for obtaining a signed statement?
- A. Have the suspect write out the entire statement in their own handwriting
- B. Have two individuals witness the signing of the document when possible.
- C. Add subsequent facts to the statement as an addendum
- D. Prepare separate statements for unrelated offenses.
Answer: A
NEW QUESTION 27
Which of the following is a common characteristic that asset hiders look for in the financial vehicles they use to conceal their assets?
- A. Traceability
- B. Inaccessibility
- C. Transparency
- D. Liquidity
Answer: D
NEW QUESTION 28
Cynthia is preparing to conduct a covert investigation Prior to conducting surveillance of her subject, she creates a memorandum outlining the basis for her operation. Which of the following pieces of information should she Include In her memorandum?
- A. All of the above
- B. Her first impression regarding the subject's culpability
- C. The name of the subject she will be observing
- D. The identities of any confidential sources to be used in the operation
Answer: A
NEW QUESTION 29
Which at the following is the most accurate statement about fraud response plans?
- A. A fraud response plan should create an environment to maximize risk and minimize the potential for success
- B. A fraud response plan should be complex and extremely detailed to most effectively protect against fraud
- C. A fraud response plan should specify how every fraud examination should be conducted regardless of the type of fraud
- D. A fraud response plan outlines the actions an organization will take when suspicions of fraud have arisen
Answer: C
NEW QUESTION 30
Which of the following is the MOST ACCURATE statement about imaging suspect computers hard drives?
- A. Imaging creates pictures of the suspect computer system and its wires and cables
- B. Imaging enables the retrieval of data from the suspect computer directly via its operating system.
- C. Imaging allows for the analysis of data from a suspect computer without altering or damaging the original data in any way
- D. Imaging prohibits access to the suspect computer s hard drive by individuals not professionally trained in forensic analysis
Answer: C
NEW QUESTION 31
Eric, a Certified Fraud Examiner (CFE) is conducing an admission-seeking interview with Sean, a fraud suspect Sean is seated across the table from Eric. The door is closed but not locked and there are no windows or wall hangings in the room According to admission seeking interview best practices, what change should Eric make to the interview environment to increase that chances of the interview's success?
- A. Lock the door to ensure the interview is not interrupted
- B. Remove the table from the room to prevent physical and psychological barriers
- C. Open the door so that Sean feels tree to leave at any time
- D. Move the interview to a room with a window so that Sean feels more comfortable.
Answer: C
NEW QUESTION 32
Which of the following statements concerning access to nonpublic records it MOST ACCURATE?
- A. Nonpublic records cannot be obtained by subpoena or legal order in a civil action
- B. Once a criminal case is filed all records obtained by the government are considered public records
- C. Thai government usually will not share nonpublic records with a fraud victim during an Investigation Into the underlying fraud.
- D. In most jurisdictions, banks are allowed to turn over a suspects account information directly to a fraud victim when there is adequate evidence of wrongdoing.
Answer: D
NEW QUESTION 33
Shane, a Certified Fraud Examiner (CFF) is investigating Larsen, who is active on various social networking sites. Shane wants to search and extract information from Larsen s social media postings so that it can be used in court as evidence. Which of the following is the MOST ACCURATE statement regarding what Shane should do when conducting a social media investigation of Larsen?
- A. Shane should preserve the Information from the social networking sites so that it can be established as authentic if used in court.
- B. Shane should email himself the links of the postings so that he can retrieve them later.
- C. Shane should preserve the information by saving the links of ate postings in his 'bookmarks "
- D. Shane should conduct a forensic shutdown of his computer to preserve the metadata in the social networking sites.
Answer: A
NEW QUESTION 34
Which of the following usually is considered the most useful source of financial information available to fraud examiners in tracing a subjects assets?
- A. Paystubs
- B. Financial institution records
- C. Service bills
- D. Credit card statements
Answer: C
NEW QUESTION 35
A fabricated name and the post office box that an employee uses to collect disbursements from false billings is called:
- A. Perpetrator check
- B. Shell company
- C. Accomplice residence
- D. Cash generator
Answer: B
NEW QUESTION 36
Vishal a Certified Fraud Examiner (CFE) has just initiated an interview with Slave, a fraud suspect. After a short introduction Vishal jokes about the fact that he and Steve are wearing the same tie end then proceeds to ask Steve about the previous night's major sporting event. Vishal is attempting to
- A. Establish rapport
- B. Exhibit passive listening
- C. Calibrate the witness
- D. Establish the interview theme
Answer: A
NEW QUESTION 37
......
Get ready to pass the CFE-Investigation Exam right now using our Certified Fraud Examiner Exam Package: https://www.dumpsquestion.com/CFE-Investigation-exam-dumps-collection.html
A fully updated 2021 CFE-Investigation Exam Dumps exam guide from training expert DumpsQuestion: https://drive.google.com/open?id=1p70iL5Mr2eB1Mr25lDXC73y9w9BVKTKD