Online Access Free CFE-Investigation Practice Test

Due to risks of illicit transactions, most jurisdictions require financial institutions to obtain information about which of the following from an institution with which they have a foreign correspondent relationship?

• A.The institution's tax statements
• B.The institution's client loan profiles
• C.The institution's branch addresses
• D.The institution's licenses or certifications

If an important witness becomes hostile and argumentative during an interview, the interviewer should generally.

• A.Try to reason with the witness
• B.Refute the witness's arguments
• C.Avoid reacting to the witness.
• D.Terminate the interview.

Jackson, a Certified Fraud Examiner (CFE). is analyzing Elm Company's accounts payable data to identify anomalies that might indicate fraud. Which of the following is the MOST EFFECTIVE data analysis function that Jackson could use to look for potential fraud in accounts payable?

• A.Identify paychecks with amounts over a certain limit
• B.All of the above
• C.Compare book and tax depreciation and indicate variances
• D.Summarize large invoices by amount and vendor

Which of the following is a purpose of an admission-seeking interview?

• A.To establish that the confessor regrets committing the act
• B.To verify that the accused mistakenly committed the act
• C.To determine whether the subject's responses are credible
• D.To obtain a valid confession from a culpable individual

Christopher, a fraud examiner, is conducting an admission-seeking interview with Jennifer, an employee suspected of stealing cash. Which of the following is the LEAST EFFECTIVE phrasing for Christopher to use when posing an admission-seeking question to Jennifer?

• A."Did you steal the money?"
• B."Why did you take the money?"
• C.'What did you do with the money?"
• D."How much of the money do you have left?"