Free ACFE CFE-Investigation Exam Dumps Questions & Answers

Which of the following is a reason why a subject's credit card records and statements can be useful in tracing investigations?

• A.  Credit card statements show the source of the funds used to pay a credit card bill.
• B.  Credit card records can provide leads to help identify a subjects hidden assets
• C.  Credit card records can show signs that the subject has skimmed funds.
• D.  Credit card statements provide insight into the subject's litigation history

Naveed, a fraud suspect, has decided to confess to Omar, a Certified Fraud Examiner (CFE). In obtaining a verbal confession from Naveed. Omar should obtain all of the following items of information EXCEPT:

• A.  The location of any residual assets
• B.  The approximate number of instances
• C.  A statement from Naveed that his conduct was an accident
• D.  A general estimate of the amount of money involved

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

Lmdsey, a Certified Fraud Examiner (CFE). has been retained to investigate allegations of bribery and kickbacks allegedly committed by a member of an organization's procurement department. Lindsey conducts an interview during which one of the accused's colleagues states that they overheard the accused discussing a free tnp received from one of the organization's vendors. Which type of evidence would the interviewee's statement be considered?

• A.  Verbal evidence
• B.  Testimonial evidence
• C.  Documentary evidence
• D.  Inconclusive evidence

Allison, a Certified Fraud Examiner (CFE). is investigating a potential procurement fraud scheme. While interviewing a subject, she asks. "Why did you choose to do business with that vendor?" This can BEST be described as a(n):

• A.  Leading question
• B.  Complex question
• C.  Open question
• D.  Closed question