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ACFE CFE-Fraud-Investigations-and-Legal-Issues Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fraud Investigation Methodology | 20-25% | - Data analysis and tracing illicit transactions - Investigation planning and scope - Evidence collection and preservation - Investigation reporting and documentation - Interview and interrogation techniques |
| Topic 2: Specialized Fraud Laws | 15-25% | - Tax fraud - Securities fraud - Money laundering and financial regulations - Bankruptcy fraud |
| Topic 3: Individual Rights During Examinations | 10-15% | - Whistleblower protections - Employee rights and duties - Rights in public vs private sector |
| Topic 4: Law Related to Fraud | 10-15% | - Fraud and misrepresentation - Conspiracy and obstruction of justice - Corruption and bribery laws - Mail, wire, and false claims fraud |
| Topic 5: Legal Systems and Procedures | 10-15% | - Civil and criminal litigation
|
| Topic 6: Rules of Evidence and Testimony | 10-15% | - Admissibility of evidence - Expert witness standards and testimony - Hearsay and exceptions |
ACFE Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues Sample Questions:
1. Which of the following statements regarding data visualization is TRUE?
A) Geospatial analysis displays keywords of various sizes to indicate their frequency and level of importance.
B) Color-coding and compatibility are the objectives of communications involving data visualizations.
C) Link analysis depicts intersections between various data types and their corresponding geographical locations.
D) Tree maps provide a hierarchical structure of data using rectangular space that is divided into regions.
2. Marcus is trying to locate the financial statements of Acme Airlines, a multinational publicly traded corporation. Which of the following sources would be MOST EFFECTIVE for finding this information?
A) Organizational filings
B) Regulatory securities records
C) Civil litigation records
D) Commercial filings
3. Lmdsey, a Certified Fraud Examiner (CFE). has been retained to investigate allegations of bribery and kickbacks allegedly committed by a member of an organization ' s procurement department. Lindsey conducts an interview during which one of the accused ' s colleagues states that they overheard the accused discussing a free tnp received from one of the organization ' s vendors. Which type of evidence would the interviewee ' s statement be considered?
A) Verbal evidence
B) Documentary evidence
C) Inconclusive evidence
D) Testimonial evidence
4. An informant offers to provide critical information to a fraud examiner in exchange for full confidentiality.
Which of the following responses can the fraud examiner offer the informant regarding confidentiality?
A) Promise the informant that they will provide full confidentiality regarding the information provided.
B) Explain to the informant that they cannot guarantee qualified confidentiality, but all attempts will be made to keep their identity confidential.
C) Promise the informant that their identity will remain confidential if the information provided can be corroborated by another party.
D) Explain to the informant that they will have to reveal their identity to executive leadership.
5. All of the following are common legal defenses for tax evasion EXCEPT:
A) Death of the taxpayer
B) The actions were tax avoidance not tax evasion
C) The taxpayer s reliance on an attorney or accountant
D) Mental illness of the taxpayer
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |







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