ACFE Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues : CFE-Fraud-Investigations-and-Legal-Issues

  • Exam Code: CFE-Fraud-Investigations-and-Legal-Issues
  • Exam Name: Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues
  • Updated: Jul 15, 2026   Q&As: 511 Questions and Answers
  • Q & A: 511 Questions and Answers

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ACFE Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues Sample Questions:

1. Antonio is investigating Sam on behalf of their employer, XYZ Company. During the investigation, Antonio tells a group of their coworkers who are not involved in the investigation that he discovered Sam has a serious gambling addiction, which is true. Assuming that their jurisdiction has civil laws for all of the following causes of action, which one would give Sam the BEST chance for success if he decides to bring a civil action against Antonio?

A) Negligent misrepresentation
B) Slander
C) Defamation
D) Public disclosure of private facts


2. Which of the following statements about the different types of alternative dispute resolutions is CORRECT?

A) In an arbitration proceeding, the arbitrator assists the parties in finding a mutually agreeable resolution to their dispute.
B) In mediation, the final settlement agreement is a binding contract.
C) In a mediation session, the mediator decides the outcome of a case by deciding which party should win the dispute.
D) In arbitration, the final determination is always binding upon the parties.


3. Which of the following statements about the International Organization of Securities Commissions (IOSCO) s TRUE?

A) IOSCO is a self-regulatory organization for companies that have securities traded on international securities markets
B) IOSCO is recognized as the international standard-setter for securities markets
C) IOSCO is an oversight body responsible for issuing and enforcing regulations that govern all international securities markets
D) IOSCO provides a forum for regular cooperation on banking supervisory matters affecting developing nations


4. Which of the following is the MOST ACCURATE statement regarding a fraud examiner's ability to trace cryptocurrency transactions?

A) Each blockchain transaction contains direct identifying information that can be used to find cryptocurrency users.
B) Most cryptocurrencies rely on private blockchains, which require court orders to obtain transaction information.
C) Information about cryptocurrency ownership can sometimes be revealed by analyzing a subject's bank statements.
D) Most jurisdictions do not require digital wallet providers to record any personal information about cryptocurrency users.


5. Robert, a Certified Fraud Examiner (CFE), wants to ensure that the authenticity of the evidence he collected during his investigation is not compromised. His main objective should be to:

A) Establish a clear chain of custody to show that the evidence has not been altered.
B) Only alter or materially change the evidence himself if absolutely necessary.
C) Limit access to the evidence to judicial officials prior to trial proceedings.
D) Prevent all other parties from obtaining physical control of the evidence.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: A

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