Practice with CFE-Law Dumps for Certified Fraud Examiner Certified Exam Questions & Answer [Q34-Q48]

April 11, 2026 admin 0

Categories : CFE-Law , ACFE

4/5 - (1 vote)

Practice with CFE-Law Dumps for Certified Fraud Examiner Certified Exam Questions & Answer

REAL CFE-Law Exam Questions With 100% Refund Guarantee

The Association of Certified Fraud Examiners (ACFE) is an international organization that provides education and certification for professionals who specialize in fraud examination and prevention. One of the primary certifications offered by the ACFE is the Certified Fraud Examiner (CFE) certification. Certified Fraud Examiner certification is recognized globally and is highly regarded in the field of fraud prevention and investigation.

NEW QUESTION 34
Each day, Rachel purchases $14 500 in bearer instruments with cash from a bank where all currency transactions above 515,000 must be reported to the government Rachets actions are a red flag of which of the following schemes’?

Channel stuffing

Alternative remittance system

Structuring

Real estate laundering

This question tests your knowledge of Uncategorized.
the question asks about the core concepts in this area.
The correct answer is C: Structuring.
This question tests your understanding of key fraud examination concepts and legal principles.
References:
– CFE Exam Content Outline: Uncategorized
– Fraud Examiners Manual, Law Section

NEW QUESTION 35
Which of the following statements concerning the appointment of expert witnesses at that is accurate?

Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.

Generally, only the parties may select expert witnesses in inquisitional jurisdictions.

Generally the court selects the primary expert witnesses in adversarial jurisdictions.

Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions

This question tests your knowledge of Domain 1.
In the context of Overview of the Legal System, specifically relating to adversarial, inquisitorial, the question asks about the appointment of expert witnesses at that is accurate.
The answer is not provided in the original document. Based on analysis of the question and options:
A: Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions. B: Generally, only the parties may select expert witnesses in inquisitional jurisdictions. C: Generally the court selects the primary expert witnesses in adversarial jurisdictions. D: Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions Based on CFE Law principles, the most likely correct answer would be A.
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. 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. In inquisitorial jurisdictions, the court typically appoints expert witnesses who are considered neutral and objective, while in adversarial systems, the parties generally select their own expert witnesses to support their respective positions.

NEW QUESTION 36
Company A sued Company B to recover damages tor the breach of a contract. In the same proceeding Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract In this case what would Company B’s claim against Company A be called?

Cross-claim

Collateral attack

Reversal

Counterclaim

This question tests your knowledge of Uncategorized.
the question asks about the core concepts in this area.
The correct answer is D: Counterclaim.
This question tests your understanding of key fraud examination concepts and legal principles.
References:
– CFE Exam Content Outline: Uncategorized
– Fraud Examiners Manual, Law Section

NEW QUESTION 37
Ellis works for a business that filed for bankruptcy. The administrator presiding over the bankruptcy contacts Ellis and requests information regarding his employer’s financial affairs Assuming the administrator has all of the powers recommended in the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles) which of the following is TRUE?

The administrator may only seek information regarding the bus ness that filed bankruptcy if Ellis consents to providing it.

The administrator has no power to obtain the information under any circumstances

The administrator may compel Ellis to provide the information despite Ellis’s relationship to the business

The administrator may not obtain the information unless the business agrees in writing

This question tests your knowledge of Domain 3.
In the context of Bankruptcy Fraud, specifically relating to bankruptcy, administrator, the question asks about TRUE, his employer’s financial affairs Assuming the administrator has all of the powers recommended in the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles) which of the following is TRUE.
The correct answer is C: The administrator may compel Ellis to provide the information despite Ellis’s relationship to the business.
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.
References:
– CFE Exam Content Outline: Domain 3: Bankruptcy Fraud
– bankruptcy
– administrator
– Fraud Examiners Manual, Law Section

NEW QUESTION 38
Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions

Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement

Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity

Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions

This question tests your knowledge of Uncategorized.
the question asks about MOST ACCURATE, digital currencies, such as bitcoin, is MOST ACCURATE.
The correct answer is B: Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement.
This question tests your understanding of key fraud examination concepts and legal principles.

NEW QUESTION 39
The government filed a avil action against a politician for accepting real estate as a bribe. There is a possibility that the politician could transfer the real estate to a third party before the court enters a final judgment Which type of order should the government seek from the court to prevent the politician from transferring the real estate?

Preservation order

Declaratory relief

Prejudgment attachment

Litigation hold

NEW QUESTION 40
To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?

“Did the person who made the representation believe that it was suitable for potential investors?”

“Was the misrepresentation made by an authorized individual?”

“Would a reasonable investor wish to know the information to make an informed decision?”

”Did the person who made the representation intend to mislead potential investors?

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 the core concepts in this area.
The correct answer is C: “Would a reasonable investor wish to know the information to make an informed decision?”.
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.
References:
– CFE Exam Content Outline: Domain 2: The Law Related to Fraud
– misrepresentation
– Fraud Examiners Manual, Law Section

NEW QUESTION 41
Before her criminal trial for embezzlement Monique contacts witnesses against her and offers to pay them if they change their stories Based on her actions the government would MOST LIKELY bring additional charges against Monique for:

Obstruction of justice

Fraudulent misrepresentation

Conspiracy to influence the court

Judicial extortion

NEW QUESTION 42
Aliyah is an employee at Chatham, a publicly traded corporation, and she owns shares of Chatham’s stock.
Aliyah learns that Chatham is going to publicly announce low earnings, so she sells her shares of Chatham’s stock. If her conduct is illegal in the jurisdiction where she works and resides, then what type of crime did Aliyah MOST LIKELY commit?

Churning

Insider trading

Trading on margin

Futures fraud

This question tests your knowledge of Domain 4.
In the context of Securities Fraud, specifically relating to insider trading, the question asks about MOST LIKELY.
The correct answer is B: Insider trading.
This question tests knowledge of securities fraud and regulation. The correct answer accurately describes the role of regulatory bodies, securities laws, or fraud schemes in this context. Securities fraud is a specialized area requiring knowledge of specific regulations and oversight mechanisms.

NEW QUESTION 43
In most civil law systems, the burden of proof for the government to convict a defendant in a criminal case is beyond a reasonable doubt.

True

False

NEW QUESTION 44
Bob receives a memorandum from his attorney that is protected by a legal professional privilege Bob emails the memorandum to a third party who has no need to know the information in the memorandum Which of the following statements is MOST ACCURATE?

Bob did not walve the privilege because the legal professional privilege belongs to the attorney, not the client

Bob might have waived the privilege because he transmitted the protected information to a third party who has no need to know the information

Bob might have waived the privilege because he used email to transmit the protected information.

Bob did not waive the privilege because the legal professional privilege cannot be waived by transmitting protected information to a third party

This question tests your knowledge of Domain 10.
In the context of Basic Principles of Evidence, specifically relating to privilege, the question asks about MOST ACCURATE.
The correct answer is B: Bob might have waived the privilege because he transmitted the protected information to a third party who has no need to know the information.
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.
References:
– CFE Exam Content Outline: Domain 10: Basic Principles of Evidence
– privilege
– Fraud Examiners Manual, Law Section

NEW QUESTION 45
Which of the following is generally one of the goals of deferred prosecution agreements?

To help reduce the risk of future illegal practices by an organization accused of misconduct.

To save trial resources by getting the defendant to plead guilty to a less serious offense.

To postpone prosecution until a company conducts an adequate internal investigation.

To increase the likelihood of conviction if a company is accused of subsequent misconduct.

This question tests your knowledge of Domain 8.
In the context of Criminal Prosecutions, specifically relating to deferred prosecution, the question asks about the core concepts in this area.
The correct answer is A: To help reduce the risk of future illegal practices by an organization accused of misconduct..
This question addresses criminal prosecution concepts. The correct answer correctly identifies aspects of criminal proceedings, burdens of proof, or sentencing options. Understanding the criminal justice process is essential for fraud examiners working with law enforcement.

NEW QUESTION 46
Freya, a government contractor, has been convicted of colluding with other contractors to manipulate the competitive bidding process. After her conviction, Freya’s name is added to a list of individuals who are prohibited from bidding on government contracts for a period of five years. The administrative penalty that Freya received is BEST described as:

License revocation

Disenfranchisement

Debarment

License suspension

This question tests your knowledge of Domain 1.
In the context of Overview of the Legal System, specifically relating to administrative, the question asks about BEST.
The correct answer is C: Debarment.
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.
References:
– CFE Exam Content Outline: Domain 1: Overview of the Legal System
– administrative
– Fraud Examiners Manual, Law Section

NEW QUESTION 47
Which of the following is generally NOT one of the goals of deferred prosecution agreements?

To postpone prosecution until a company conducts an extensive internal investigation

To get an organization to reform its policies

To allow prosecutors to resolve a case while still punishing malfeasance

To reduce the risk of illegal practices at an organization

This question tests your knowledge of Domain 8.
In the context of Criminal Prosecutions, specifically relating to deferred prosecution, the question asks about NOT.
The correct answer is A: To postpone prosecution until a company conducts an extensive internal investigation.
This question addresses criminal prosecution concepts. The correct answer correctly identifies aspects of criminal proceedings, burdens of proof, or sentencing options. Understanding the criminal justice process is essential for fraud examiners working with law enforcement.
References:
– CFE Exam Content Outline: Domain 8: Criminal Prosecutions
– deferred prosecution
– Fraud Examiners Manual, Law Section

NEW QUESTION 48
Smith, a Certified Fraud Examiner (CFE). works for the ABC Company, a private entity that operates w a jurisdiction with civil laws for defamation, invasion of privacy. and conflict of interest Smith seizes and searches the personal smartphone of Green an employee of ABC even though Green was not suspected of any wrongdong Assuming that Green had a reasonable expectation of privacy in the smartphone and Smith conducted the search without a legitmate interest or authority, under which of the following claims would Green MOST LIKELY be able to recover damages against Smith?

Slander

Intrusion into Green’s private matters

Public disclosure of private facts

Conflict of interest

This question tests your knowledge of Domain 7.
In the context of Individual Rights During Examinations, specifically relating to employee, privacy, the question asks about CFE, MOST LIKELY, ABC.
The correct answer is B: Intrusion into Green’s private matters.
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
– privacy
– Fraud Examiners Manual, Law Section

Loading …