CFE-Investigation ACFE Certified Fraud Examiner (CFE) - Investigation Free Practice Exam Questions (2025 Updated)

To access any user-posted information on social media sites, fraud examiners must obtain some type of legal order from the jurisdiction in which the user resides.

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.

The Privacy of Social Networks Treaty is a binding international treaty that makes it illegal for law enforcement to seek social media log-in credentials from users.

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.

Yes, because it is safe to assume that suspects who avoid eye contact are most likely being deceptive.

Yes, because avoiding eye contact is a sign of deceptive.

No, because this is not enough information to conclude that the suspect is being deceptive

No, because avoiding eye contact is not directly linked to deception.

Link analysis visually displays financial ratio analysis

Link analysis is an affective tool to demonstrate complex networks

Link analysis helps identify indirect relationships with several degrees of separation.

Link analysis allows the investigator to discover patterns in data.

Double-negative

Free narrative

Controlled answer

Complex

To close the interview positively and maintain goodwill

To assess whether the subject is ready to confess

To confirm the credibility of the witness being interviewed

To reduce testimony to a signed, written statement

True

False

True

False

The interpretation of an interview subject's reactions requires specific skills on the part of the interviewer.

The observation of a subjects body language is often just as important as the observation of the words used by the subject.

Emotive words should be used early in the interview to observe the respondents emotional reaction.

To effectively observe reactions, an interviewer should move from less sensitive to more sensitive questions as the interview progresses.

The employment of a learning algorithm that identifies similarities, patterns, or anomalies within a data set on its own, without human involvement

The configuration of a business program to emulate and integrate the actions of a human to execute certain business processes thus increasing efficiency and automating repetitive manual tasks

The use of historical data, along with analyses, statistics, and machine learning components, to build a mathematical model that captures important trends and creates a quantitative forecast

The use of layered artificial neural networks to accommodate more data and more sophisticated algorithms to identify complex patterns

The correlation analysis function

The Join function

The gap testing function

The compliance verification function

"Do you know who had access to the file?"

"Are you familiar with the company's policies regarding ethics?"

"Have you committed any misconduct against the company?"

"How long have you been in this department?"

Searching an individual's income tax filings

Obtaining background information on individuals

Locating people and their assets

Corroborating or refuting witness statements

"When asked a second time about the amount of funds missing, the suspect contradicted their previous testimony."

"The evidence shows that between S1 million and S1.5 million in assets were transferred to an offshore account."

"The organization must address the inadequate separation of accounting duties to prevent such an event from happening again."

"In light of all the evidence, the suspect is most likely guilty of fraud against the organization."

Consider what the interview is intended to accomplish and state an objective.

Review the case file to ensure that important information has not been overlooked

Prepare a detailed list of questions to ask the subject during the interview.

Ensure that the interview is held in a venue where the subject will feel Uncomfortable

Many copiers connect via parallel cables, which store and transmit copy job data.

Most copiers store, process, and transmit data m a cloud environment

Many copiers have internal hard drives that might contain information relevant to a fraud examination

Most copiers today are nonimpact copiers, meaning that they store copied images indefinitely.

Employee identification numbers

Telephone numbers

A listing of payment amounts

Vendor addresses

Commercial filings

Civil litigation records

Organizational filings

Regulatory securities records

To determine whether the footnotes to the financial statements are fairly presented

To find an admission of fraud m an email or other communication that can be presented in court

To categorize data to reveal patterns, sentiments, and relationships indicative of fraud

To figure out whether someone is lying or telling the truth based on context duet

Before engaging in a search the fraud examine' should know the mod powerful and useful '>Des of searches

If an individual has moved, obtaining a past address is usually of no help

Online records are very useful in locating subjects whose whereabouts are unknown

Obtaining a past address of the subject should be the first step in trying to locate a subject using online records.