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ACFE CFE-Fraud-Investigations-and-Legal-Issues Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fraud Investigation Methodology | 20-25% | - Investigation planning and scope - Evidence collection and preservation - Investigation reporting and documentation - Data analysis and tracing illicit transactions - Interview and interrogation techniques |
| Topic 2: Rules of Evidence and Testimony | 10-15% | - Hearsay and exceptions - Expert witness standards and testimony - Admissibility of evidence |
| Topic 3: Individual Rights During Examinations | 10-15% | - Rights in public vs private sector - Employee rights and duties - Whistleblower protections |
| Topic 4: Specialized Fraud Laws | 15-25% | - Tax fraud - Money laundering and financial regulations - Securities fraud - Bankruptcy fraud |
| Topic 5: Legal Systems and Procedures | 10-15% | - Overview of legal systems
|
| Topic 6: Law Related to Fraud | 10-15% | - Conspiracy and obstruction of justice - Mail, wire, and false claims fraud - Fraud and misrepresentation - Corruption and bribery laws |
ACFE Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues Sample Questions:
Which of the following statements about the different types of alternative dispute resolutions is CORRECT?
- A. In arbitration, the final determination is always binding upon the parties.
- B. In an arbitration proceeding, the arbitrator assists the parties in finding a mutually agreeable resolution to their dispute.
- C. In mediation, the final settlement agreement is a binding contract.
- D. In a mediation session, the mediator decides the outcome of a case by deciding which party should win the dispute.
Correct Answer: C 🗳️
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Which of the following is the MOST ACCURATE statement concerning the volatility of digital evidence?
- A. If the integrity of digital evidence is violated, it can often be restored through a digital cleansing process
- B. Digital evidence is more volatile than tangible evidence because digital evidence is subject to claims of spoliation, whereas tangible evidence is not.
- C. Digital evidence is more volatile than tangible evidence because the rules of admissibility for digital evidence are stricter than such rules for tangible evidence.
- D. The failure to preserve the integrity of digital evidence could result in evidence being deemed inadmissible in a legal proceeding
Correct Answer: D 🗳️
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Which of the following statements concerning fact finders in criminal trials in common law jurisdictions is MOST ACCURATE?
- A. A judge is typically responsible for factual findings
- B. A panel of a professional judge and lay judges usually serves as the fact finder in serious cases
- C. The presence of a jury is always required to make factual findings in a common law criminal trial
- D. Juries usually serve as the fact finder in serious cases
Correct Answer: A 🗳️
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All of the following are true with regard to textual analytics EXCEPT:
- A. When conducting textual analysis, the fraud examiner should come up with a list of fraud keywords to search for.
- B. The purpose of textual analytics is to search for and find an admission of fraud that can be presented in court
- C. Textual analytics is used to reveal patterns, sentiments, and relationships indicative of fraud
- D. Textual analytics provides the ability to uncover warning signs of potentially fraudulent employee behavior
Correct Answer: B 🗳️
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Which of the following is NOT one of the main limitations of conducting a search for public records using online databases?
- A. Online coverage of public records varies widely from jurisdiction to jurisdiction
- B. Online public records searches are limited in the jurisdictions they cover.
- C. Public records database companies are difficult to find.
- D. The timeliness and accuracy of information in online databases must be validated
Correct Answer: C 🗳️
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