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

This question tests your knowledge of Domain 1.

In the context of Overview of the Legal System, specifically relating to criminal, the question asks about the core concepts in this area.

The correct answer is D: The employee was acting within the scope of their employment.

This question relates to the legal system framework. Understanding the distinction between different legal systems and processes is crucial for fraud examiners. The correct answer accurately describes the relationship between different legal entities and their jurisdictions.

This question tests your knowledge of Domain 5.

In the context of Money Laundering, specifically relating to FATF, the question asks about CDD, FATF.

The correct answer is B: False.

This question addresses money laundering concepts. The correct answer correctly identifies the stage, method, or regulatory framework related to money laundering or anti-money laundering efforts. Understanding these processes is critical for fraud examiners working to detect and prevent financial crimes.

This question tests your knowledge of Domain 1.

In the context of Overview of the Legal System, specifically relating to criminal, the question asks about NOT.

The correct answer is A: The government relied on the false statement.

This question relates to the legal system framework. Understanding the distinction between different legal systems and processes is crucial for fraud examiners. The correct answer accurately describes the relationship between different legal entities and their jurisdictions.

This question tests your knowledge of Domain 1.

In the context of Overview of the Legal System, specifically relating to inquisitorial, the question asks about the qualifications of expert witnesses in most inquisitorial jurisdictions is CORRECT, CORRECT.

The correct answer is D: The qualification of an expert is generally based on standardized requirements.

This question relates to the legal system framework. Understanding the distinction between different legal systems and processes is crucial for fraud examiners. The correct answer accurately describes the relationship between different legal entities and their jurisdictions. In adversarial systems, opposing parties present their cases before a neutral judge or jury, while in inquisitorial systems, judges take a more active role in investigating cases. Expert witnesses provide specialized knowledge to help the fact finder understand complex issues. Their testimony must be relevant, reliable, and based on sufficient facts or data.

This question tests your knowledge of Domain 11.

In the context of Testifying, specifically relating to expert witness, cross-examination, the question asks about MOST ACCURATE, cross-examination of witnesses in adversarial systems.

The correct answer is A: If opposing counsel asks an overly complex question during cross-examination, witnesses should ask for the question to be rephrased.

This question relates to expert witness testimony. The correct answer accurately describes the role, qualifications, or techniques for effective expert testimony. Fraud examiners often serve as expert witnesses and must understand these principles. In adversarial systems, opposing parties present their cases before a neutral judge or jury, while in inquisitorial systems, judges take a more active role in investigating cases.

This question tests your knowledge of Domain 7.

In the context of Individual Rights During Examinations, specifically relating to privacy, the question asks about the core concepts in this area.

The correct answer is C: Establish a contract between the entities exchanging the information.

This question relates to individual rights during examinations. The correct answer accurately describes the legal protections, obligations, or privacy considerations that apply in workplace investigations. Fraud examiners must balance investigative needs with legal protections for individuals.

This question tests your knowledge of Domain 3.

In the context of Bankruptcy Fraud, specifically relating to bankruptcy, the question asks about BEST.

The correct answer is B: Liquidation bankruptcy.

This question focuses on bankruptcy fraud concepts. The correct answer correctly identifies the relevant bankruptcy process, filing type, or fraud scheme. Understanding bankruptcy proceedings and the roles of various parties is essential for fraud examiners investigating these cases.

This question tests your knowledge of Domain 1.

In the context of Overview of the Legal System, specifically relating to inquisitorial, the question asks about the core concepts in this area.

The correct answer is D: The judge.

This question relates to the legal system framework. Understanding the distinction between different legal systems and processes is crucial for fraud examiners. The correct answer accurately describes the relationship between different legal entities and their jurisdictions. In adversarial systems, opposing parties present their cases before a neutral judge or jury, while in inquisitorial systems, judges take a more active role in investigating cases.

This question tests your knowledge of Domain 2.

In the context of The Law Related to Fraud, specifically relating to misrepresentation, conspiracy, obstruction, the question asks about MOST LIKELY.

The correct answer is A: Obstruction of justice.

This question addresses fraud-related laws. The correct answer identifies the proper legal concept or violation that applies in the described scenario. Fraud examiners must understand these legal principles to properly identify and address fraudulent activities.

This question tests your knowledge of Domain 11.

In the context of Testifying, specifically relating to expert witness, testimony, cross-examination, the question asks about MOST LIKELY.

The correct answer is B: Direct exam Ml mi.

This question relates to expert witness testimony. The correct answer accurately describes the role, qualifications, or techniques for effective expert testimony. Fraud examiners often serve as expert witnesses and must understand these principles. In adversarial systems, opposing parties present their cases before a neutral judge or jury, while in inquisitorial systems, judges take a more active role in investigating cases. Expert witnesses provide specialized knowledge to help the fact finder understand complex issues. Their testimony must be relevant, reliable, and based on sufficient facts or data.