[Q13-Q30] Updated Feb-2024 Test Engine to Practice Test for CFE-Law Exam Questions and Answers!

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Updated Feb-2024 Test Engine to Practice Test for CFE-Law Exam Questions and Answers!

Certified Fraud Examiner Certification Sample Questions and Practice Exam

NEW QUESTION 13
Evidence that tends to make some tact at issue more or less likely than it would be without the evidence is called:

Circumstantial evidence

Testamentary evidence

Demonstrative evidence

Relevant evidence

NEW QUESTION 14
Company A sued Company B to recover damages tor the breach of a contract. In the same proceeding Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract In this case what would Company B’s claim against Company A be called?

Cross-claim

Collateral attack

Reversal

Counterclaim

NEW QUESTION 15
Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions

Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement

Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity

Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions

NEW QUESTION 16
Which of the following would be direct evidence that the criminal defendant a former cashier for a home improvement store committed a cash larceny scheme that resulted n the theft of more than $5 000 from the store?

A diagram is used to display the location of the store’s registers

A witness testifies that they saw the defendant take the money

A witness testifies that the defendant was almost always the last cashier to leave the store

A coworker testifies that the defendant was acting nervously the day the money was taken

NEW QUESTION 17
One of the purposes of securities regulation is to maintain market confidence.

True

False

NEW QUESTION 18
Company A sued Company B lo recover damages for the breach of a contract. In the same proceeding.
Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract. In this case, what would Company B’s claim against Company A be called?

Counterclaim

Collateral attack

Reversal

Cross-claim

NEW QUESTION 19
In jurisdictions that allow criminal bargaining agreements the defendant’s counsel generally has the discretion to determine whether a bargaining agreement is available to the defendant.

True

False

NEW QUESTION 20
A prosecutor died criminal charges against Rosa calming that she stole Juan’s personal information and sold his identity on the dark web Juan wants to file a civil lawsuit against Rosa to recover damages arising from the identity theft Can Juan file the civil action before the criminal action against Rosa is completed?

Yes, the evil action can be filed if the jurisdiction permits parallel proceedings.

No, the civil action cannot be filed if the jurisdiction prohibits counterclaims.

Yes, the evil action can be filed if the jurisdiction permits analogous cairns.

No, the civil action cannot be filed if the jurisdiction prohibits double jeopardy.

NEW QUESTION 21
Which of the following is a legal element that must be shown to prove a claim for commercial bribery?

The defendant acted negligently.

The defendant gave or received a thing of value.

The principal suffered damages as a result of the bribe

The defendant failed to exercise due care.

NEW QUESTION 22
Ramona is investigating Eugene for misconduct Ramona and Eugene both work for Elek-Tek, which operates in a jurisdiction with evil laws for defamation, invasion of privacy and conflict of interest During the investigation Ramona obtained ^formation that Eugene is cheating on his spouse Ramona to a large group of Elek-Tek employees that Eugene was committing adultery, which turned out to be true Which cause of action would give Eugene the BEST chance for success m a civil suit against Ramona?

Conflict of interest

Defamation

Public disclosure of private facts

Slander

NEW QUESTION 23
Which of the following is generally NOT one of the goals of deferred prosecution agreements?

To postpone prosecution until a company conducts an extensive internal investigation

To get an organization to reform its policies

To allow prosecutors to resolve a case while still punishing malfeasance

To reduce the risk of illegal practices at an organization

NEW QUESTION 24
Which of the following statements regarding the qualifications of expert witnesses in most inquisitorial jurisdictions is CORRECT?

Certification in a specific field is always enough to qualify an expert

An excerpt is not qualified to testify unless all parties to the litigation approve

Experts are generally prohibited from serving as expert witnesses in multiple cases

The qualification of an expert is generally based on standardized requirements

NEW QUESTION 25
Cory has been charged with lax evasion for filing a false tax return. As a defense, Cory claims that he made an honest mistake due to the tax law’s complexity, and he did not intentionally submit an incorrect tax return If the court finds that his mistake was in good faith the most likely will NOT be found to have “willfully'” engaged m fraudulent actions to avoid reporting or paying his taxes.

True

False

NEW QUESTION 26
Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?

Mail fraud

Wire fraud

Insider trading fraud

Communications fraud

NEW QUESTION 27
The Financial Action Task Force (FATF) Recommendations slate that a financial institution s customer due diligence (COD) procedures should include continued monitoring of a customer’s business relationships and transactions.

True

False

NEW QUESTION 28
Dodd is a Certified Fraud Examiner (CFE) who works for Weathervane, a private company Dodd suspects that Burton a Weathervane employee has embezzled money from the company Dodd plans to conduct an internal investigation into the missing funds Based on these facts which of the following is the MOST ACCURATE statement?

Burton has a duty to cooperate with the investigation even if what is requested from him is not reasonable

Burton can refuse to cooperate with the investigation because he has a fundamental right to privacy

Burton likely has a duty to cooperate with the investigation as part of the employer-employee relationship

Burton can refuse to cooperate with the investigation because he has a fundamental right to remain silent

NEW QUESTION 29
In most civil law jurisdictions which of the following BEST describes when a party is required to begin taking steps to preserve and produce relevant evidence?

When the court orders such steps to be taken

When litigation has started

When the party receives a service of process

When the charging documents are filed

NEW QUESTION 30
Which of the following statements about the International Organization of Securities Commissions (IOSCO) s TRUE?

IOSCO is a self-regulatory organization for companies that have securities traded on international securities markets

IOSCO provides a forum for regular cooperation on banking supervisory matters affecting developing nations

IOSCO is an oversight body responsible for issuing and enforcing regulations that govern all international securities markets

IOSCO is recognized as the international standard-setter for securities markets