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The Certified Fraud Examiner (CFE) credential is a globally recognized certification that is highly sought after by professionals in the field of fraud examination. The CFE certification is awarded by the Association of Certified Fraud Examiners (ACFE), which is the world's largest anti-fraud organization. The ACFE provides a range of resources and tools that help fraud examiners detect, investigate, and prevent fraud.
The CFE-Law exam covers a wide range of topics related to fraud investigation and financial crime. CFE-Law Exam consists of four sections, including Fraud Prevention and Deterrence, Financial Transactions and Fraud Schemes, Investigation and Law, and Fraud Examination. CFE-Law exam is computer-based and consists of multiple-choice questions. To earn the CFE-Law certification, candidates must have a bachelor's degree and two years of experience in fraud examination or a related field. Certified Fraud Examiner certification is valid for two years and requires ongoing education and professional development.
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ACFE Certified Fraud Examiner Sample Questions (Q142-Q147):
NEW QUESTION # 142
In most countries employers must provide notice to their employees before they implement an employee monitoring program
- A. False
- B. True
Answer: B
Explanation:
This question tests your knowledge of Domain 7.
In the context of Individual Rights During Examinations, specifically relating to employee, the question asks about the core concepts in this area.
The correct answer is A: True.
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.
References:
- CFE Exam Content Outline: Domain 7: Individual Rights During Examinations
- employee
- Fraud Examiners Manual, Law Section
NEW QUESTION # 143
Which of the following is NOT a legal element that must be shown to prove a claim for fraudulent misrepresentation of material facts?
- A. The victim relied on the misrepresentation
- B. The defendant made a false statement (i, e., a misrepresentation of fact)
- C. The defendant acted negligently
- D. The victim suffered damages as a result of the misrepresentation
Answer: C
Explanation:
This question tests your knowledge of Domain 2.
In the context of The Law Related to Fraud, specifically relating to misrepresentation, the question asks about NOT.
The correct answer is B: The defendant acted negligently.
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.
NEW QUESTION # 144
Which of the following typically does NOT have to be present for communications between an attorney and the attorney's client to be protected by a legal professional privilege?
- A. A lawsuit has been filed
- B. Purpose of the communications was to seek or provide legal advice
- C. Communication between a legal advisor and a client
- D. Intent to keep the communications confidential
Answer: A
Explanation:
This question tests your knowledge of Domain 10.
In the context of Basic Principles of Evidence, specifically relating to privilege, the question asks about NOT.
The correct answer is B: A lawsuit has been filed.
This question tests knowledge of evidence principles. The correct answer correctly distinguishes between types of evidence, admissibility requirements, or evidentiary privileges. Proper handling of evidence is crucial for successful fraud investigations and prosecutions.
NEW QUESTION # 145
Nora, a health care provider b convicted of health care fraud in criminal court After her conviction, the national health agency begins a proceeding to prohibit Nora from seeking reimbursement from government health care programs for five years Which type of administrative penalty is the national health agency seeking?
- A. License revocation
- B. Debarment
- C. License suspension
- D. Disenfranchisement
Answer: C
Explanation:
This question tests your knowledge of Domain 1.
In the context of Overview of the Legal System, specifically relating to criminal, administrative, the question asks about the core concepts in this area.
The correct answer is A: License suspension.
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.
NEW QUESTION # 146
Which of the following statements about the appeals process in cranial cases is MOST ACCURATE?
- A. Appellate courts will usually reverse a conviction even if the trial court's error did not affect the outcome of the case
- B. Appellate courts will usually hear an appeal even if the petition was not filed in a timely manner
- C. In common law jurisdictions, appellate courts are generally not permitted to make their own factual determinations when reviewing a case
- D. In civil law jurisdictions appellate courts are generally not permitted to make their own legal conclusions when reviewing a case
Answer: C
NEW QUESTION # 147
......
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