CFE-Investigation Exam Dumps - ACFE Certified Fraud Examiner Questions and Answers

“The failure to preserve the integrity of digital evidence could result in evidence being deemed inadmissible in a legal proceeding, or, even if admitted, it might not be given much weight because evidence of questionable authenticity does not provide reliable proof.”

Therefore,D is the most accurate statement.

Before conducting surveillance, a memorandum should document thebasis for the covert operation, including: (1) the information the operation is based on, (2) expected information to be gained, (3)identities of suspects(subjects) if known, and (4) operatives under the examiner’s control. Confidential sources should not be identified by name but referred to symbolically.

The Manual and Prep Guide state:

“Before conducting a covert operation, it is essential that the basis for the operation be committed to writing, preferably in a memo. The memorandum should clearly state: the information upon which the covert operation will be based; the information that is expected to be gained from the operation; the identities of suspects, if known; operatives under the fraud examiner’s care, custody, or control. Confidential sources’ identities should not be disclosed.”

Thus,expected informationbelongs, butconfidential source identitiesmust not

TheCFE Prep – Investigationsexplains:

“Metadata is a type of computer-generated data that can be helpful in a fraud investigation. Metadata information can help determine who wrote a document; who received, opened, copied, edited, moved, or printed the document; and when these events occurred” .

Thus, metadata is the most useful for identifying who created a document.

TheFraud Examiners Manualstresses that fraud examiners mustnever promise unconditional confidentiality, because findings often must be disclosed to management, auditors, or authorities. They can only offer “qualified confidentiality” (best efforts to protect identity, but with necessary limits). Therefore, optionAis the most appropriate response.

Admission-seeking interviews are designed:

“to obtain a legal admission of wrongdoing… also to distinguish innocent individuals from culpable ones and to secure a signed written statement”.

The primary purpose is obtaining a valid confession.

TheFraud Examiners Manualadvises:

“Do not slow down the interview process for note-taking. Instead, jot down key words … In general, it is better to err on the side of taking too few notes rather than too many.”

Therefore, the best practice isC.

Guidance on reports:

“A fraud examination report should be accurate, clear, and impartial. The fraud examiner should avoid technical jargon where possible and write in plain language so that readers without specialized knowledge can understand”.

Reports should only include relevant, factual findings—not every detail or opinion.

So, the most accurate statement is that jargon should be avoided.

Fraud examiners can obtain documentary evidence by consent, subpoena, or other legal means. While oral consent may sometimes be sufficient,bank records from financial institutions generally require written consent. Without written consent, the bank is not required to provide access. As stated in the manual:

“Accessing a subject’s bank records from financial institutions, for instance, generally requires written consent. If no consent is given… legal action might be required, most often a subpoena or other court order”.

Thus, although the suspect gave oral consent, Alex cannot access the bank records without written authorization or legal order.

Explanation with Extracts= Pretexting is:

“The act of impersonating someone else or making false or misleading statements to obtain information from financial institutions. Several jurisdictions have prohibited pretexting against financial institutions”.Thus, falsely claiming to be the spouse constitutes illegal pretexting.