CFE-Investigation Free Practice Test

If the following statements were Included in a fraud examination report of a qualified expert, which of them would be IMPROPER?

1. A. the organization must address the inadequate segregation of accounting duties to prevent such an event from happening again.’’
2. B. The evidence shows that between S1 million and $1.5 million in assets were transferred to an offshore account".
3. C. "In light of all the evidence the suspect is most Italy guilty of fraud against the organization
4. D. ''When asked s second lima about the amount of funds missing the suspect contradicted their previous testimony"

Correct Answer: C

Which at the following situations would most likely requite access to nonpublic records to develop evidence?

1. A. Determining who owns a piece of real estate
2. B. Reviewing an individual’s personal mobile phone records
3. C. Obtaining a company's business filings
4. D. Finding out where a person lives

Correct Answer: C

Which of the following is NOT a common use of public sources of information?

1. A. Obtaining an individual’s credit records
2. B. Finding out about a person’s lifestyle
3. C. Developing background information on a subject
4. D. Corroborating or refuting witness statements

Correct Answer: A

Marilyn a Certified Fraud Examiner (CFE) is reasonably sure that Shelly, her primary suspect committed the fraud in question. Before scheduling an admission-seeking interview with Shelly. Marllyn should be reasonably sure of all of the following EXCEPT.

1. A. That the interview's time and location can be consoled
2. B. That no other person was invoked in the fraud in question
3. C. That the interview's subject matter can be controlled
4. D. That all reasonable investigative steps have been taken

Correct Answer: B

Baker, a Certified Fraud Examiner (CFE), is assigned to the internal audit department of the ABC Company. He is getting ready to conduct an interview with another company employee who might be Involved In a fraud In general whit We should Baker use in the introduction to the employee?

1. A. Investigator
2. B. Auditor
3. C. Baker should omit a title altogether
4. D. Certified Fraud Examiner

Correct Answer: B