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ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q145-Q150):
NEW QUESTION # 145
Which of the following is INCORRECT with regard to locating individuals using online records?
- A. Obtaining a past address of the subject should be the first step in trying to locate a subject using online records.
- B. If an individual has moved, obtaining a past address is usually of no help
- C. Before engaging in a search, the fraud examiner should know the most powerful and useful types of searches.
- D. Online records are very useful in locating subjects whose whereabouts are unknown
Answer: B
NEW QUESTION # 146
Assuming that a jurisdiction has prohibited pretexting against financial institutions, which of the following actions would constitute illegal pretexting?
- A. Impersonating an account holder to access their bank records
- B. Intentionally making false statements on loan applications
- C. Stealing a person's mail lo obtain the person's bank account number
- D. Setting up a bank account in an assumed name
Answer: A
NEW QUESTION # 147
Which of the following usually is considered the most useful source of financial information available to fraud examiners in tracing a subjects assets?
- A. Paystubs
- B. Service bills
- C. Credit card statements
- D. Financial institution records
Answer: B
NEW QUESTION # 148
Jan
a. the controller of XYZ Company, notices that the company's hotel expenses increased substantially from the prior year She wants to check to see if this increase is reasonable by comparing hotel expenses from both years to the number of days XYZ"s employees traveled. Which of the following data analysis functions would be the MOST USEFUL in helping Jana analyze these two variables?
- A. Verifying multiples of a number
- B. Ben ford's Law analysis
- C. Duplicate testing
- D. Correlation analysis
Answer: D
NEW QUESTION # 149
Barnes, a Certified Fraud Examiner (CFE). is using data analysis to identify anomalies that might indicate fraud in XYZ Company's accounts payable transactions. Which of the following is the MOST EFFECTIVE data analysis function that Barnes could use to look for potential fraud in accounts payable?
- A. All of the above
- B. Identify paycheck amounts over a certain limit
- C. Compare book and tax depreciation and indicate variances
- D. Review recurring monthly expenses and compare to posted/paid invoices
Answer: D
NEW QUESTION # 150
......
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