Free Access ACFE.CFE-Investigation.v2026-04-01.q124 Practice Test (Page 7)

Question 26

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.The name of the subject she will be observing

B.Her first impression regarding the subject's culpability

C.The identities of any confidential sources to be used in the operation

D.All of the above

Question 27

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 employer wants to know if an employee is falsifying regulatory reports

C.An attorney wants to evaluate an expert's financial report

D.An entity needs to find hidden relationships in big data that otherwise would not be discovered.

Question 28

Which of the following is NOT a step a fraud examiner must take before seizing evidence in a digital forensic investigation?

A.Assemble an investigation team comprised only of outside digital forensic experts.

B.Obtain and become familiar with any applicable legal orders.

C.Determine whether there ate privacy issues related to the items(s) to be searched.

D.Ensure that any software used in a forensic capacity is legitimate.

Question 29

Beta, a Certified Fraud Examiner (CFE). is conducting an admission-seeking interview of Gamma, a fraud suspect. After Beta gave Gamma an appropriate rationalization for his conduct, Gamma continued his denials, giving various alibis. These alibis can usually be diffused by all of the following techniques EXCEPT:

A.Downplaying the strength of the evidence

B.Displaying physical evidence

C.Discussing the testimony of witnesses

D.Discussing Gamma's prior deceptions

Question 30

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

A.Review recurring monthly expenses and compare to posted/paid invoices

B.Compare book and tax depreciation and indicate variances

C.Identify paycheck amounts over a certain limit