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ACFE Certified Fraud Examiner - Investigation Exam Sample Questions (Q120-Q125):
NEW QUESTION # 120
If an important witness becomes hostile and argumentative during an interview, the interviewer should generally.
- A. Terminate the interview.
- B. Avoid reacting to the witness.
- C. Refute the witness's arguments
- D. Try to reason with the witness
Answer: B
Explanation:
TheFraud Examiners Manualnotes that when witnesses become hostile or argumentative, the interviewer should generally remain calm and avoid reacting to hostility. Reacting, reasoning, or arguing often escalates the situation. Instead, the interviewer should maintain control and neutrality .
NEW QUESTION # 121
Which of the following sets of numbers could a fraud examiner MOST LIKELY benefit from running a Benford's Law analysis on?
- A. Telephone numbers
- B. Vendor invoice amounts
- C. Employee identification numbers
- D. Bank account numbers
Answer: B
NEW QUESTION # 122
Which of the following is considered a best practice for preserving the confidentiality of a fraud investigation?
- A. Suspend all employees involved in the investigation pending the investigation's outcome.
- B. Avoid using email or other electronic means to transmit confidential case information
- C. Ensure that the investigation is conducted at the direction of, or under the supervision of. a government official
- D. Implement a blanket policy prohibiting all employees from discussing anything related to employee investigations
Answer: B
Explanation:
TheFraud Examiners Manualstresses confidentiality:
"To preserve confidentiality, investigators should avoid transmitting confidential information by email or other electronic means whenever possible, as these are susceptible to interception or unauthorized access." Suspending employees or blanket bans on discussion are not best practices. Confidentiality is preserved primarily by secure communication and controlled access to information.
NEW QUESTION # 123
Mary the payroll manager at Reed Co, suspects that there might be a ghost employee scheme occurring. She wants to ensure no two employees on the payroll have the same government Identification number. Which of the following data analysis functions would be most useful for this test?
- A. Benford's Law analysis
- B. Linear regression
- C. Correlation analysis
- D. Duplicate search
Answer: D
NEW QUESTION # 124
Which of the following is the MOST ACCURATE statement about the privacy of information shared through social media?
- A. The Privacy of Social Networks Treaty is a binding international treaty that makes it illegal for law enforcement to seek social media log-in credentials from users.
- B. Hacking or breaking into information on social media sites that is restricted as private could result in liability for fraud examiners due to violation of users' privacy rights.
- C. To access any user-posted information on social media sites, fraud examiners must obtain some type of legal order from the jurisdiction in which the user resides.
- D. A fraud examiner cannot be held liable for violating a user's privacy rights if they hack or break into areas of a social networking site designated as private because all social media information is public.
Answer: B
Explanation:
TheFraud Examiners Manualclearly states:
"Accessing information set to private could result in claims under privacy laws. Thus, information on social media sites that is restricted by privacy settings could result in liability for fraud examiners due to violation of users' privacy rights." Therefore,D is correct
NEW QUESTION # 125
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