To earn CFE certification, you need to pass CFE exam. The CFE Exam tests your knowledge of the four major areas that comprise the fraud examination body of knowledge: Financial Transactions and Fraud Schemes, Law, Investigation and Fraud Prevention and Deterrence. We have cracked the latest CFE real exam questions, which are helpful for you to pass CFE exam and earn the certification.
The new cracked CFE real exam questions are the best reference material for you to study the test. Share some CFE related real exam questions below.
1.The most common method of detection in corruption cases is:
A. Internal audits
B. Internal controls
C. Tips
D. By accident
Answer: C
2.Which at the following should be done to prepare an organization for a formal fraud investigation?
A. Notify Ml managers about the investigation explaining why it is happening and who is involved
B. Notify key decision-makers when the investigation is about to begin
C. Send an email to all employees explaining the investigation's purpose
D. Inform the subject that they are under Investigation.
Answer: B
3.Thea is conducting a fraud examination for a company and suspects one of the company’s vendors (a one-person operation) of fraudulent biting. Thea wants to obtain a copy of the suspect individuals credit report and personal data from a third-party information broker. If Thea works In a jurisdiction that regulates the distribution of personal credit information she cannot obtain the suspects personal credit data under any circumstances.
A. True
B. False
Answer: B
4.Which of the following is a reason why a subjects credit card statements can be useful in tracing investigations?
A. Credit card records can show signs of skimming.
B. Credit card statements provide insight into the subjects litigation history.
C. Credit card statements can name people or companies with whom the subject conducts business.
D. Credit card statements show the source of the funds used to pay a credit card bill.
Answer: C
5.Beta a Certified Fraud Examiner (CFE), is conducting an admission-seeking interview of Gamma a fraud suspect Alter Beta gave Gamma an appropriate rationalization for his conduct Gamma continued his denials, giving various alibis. These alibis usually can be diffused by all of the following techniques EXCEPT.
A. Discussing Gamma's prior deceptions
B. Downplaying the strength of the evidence
C. Discussing the testimony of witnesses
D. Displaying physical evidence
Answer: B
