CFE - Fraud Investigations and Legal Issues

CFE - Fraud Investigations and Legal Issues practice questions, page 5 of 5, with answer review and explanations.

Question 21

Which of the following statements about civil actions in most jurisdictions is CORRECT?

  1. The plaintiff’s pleading must contain a copy of all documents to be presented at trial.
  2. The plaintiff’s pleading must contain all evidence that they will seek to enter at trial.
  3. The plaintiff’s pleading must include inculpatory and exculpatory evidence.
  4. The plaintiff’s pleading must include specific lads to support their claims.

Question 22

Which of the following options describes a red flag that might indicate that an individual has engaged in illicit transactions?

  1. The individual’s financial records show an unusually low amount of current and historical ATM transactions
  2. The individual s financial records indicate that an asset has disappeared or been diverted into an unknown account.
  3. The individual has made several account withdrawals for inconsistent amounts.
  4. The individual has an investment portfolio that is missing bearer municipal bonds.

Question 23

Which of the following types of data is BEST to use when performing a Benford’s Law analysis?

  1. Retail store numbers
  2. Vendor telephone numbers
  3. Transaction amounts
  4. Government identification numbers

Question 24

Which of the following scenarios describes a situation that would MOST LIKELY cause an item’s authenticity to be questioned when being admitted as evidence?

  1. A physical ledger gathered during an internal investigation is stored in a secure room with restricted and monitored access.
  2. An electronic device seized during an investigation is placed in a storage area only accessible to company employees.
  3. An image acquired during an investigation is stored on an organization’s private server with access logs and password protections.
  4. A confession is recorded in a signed memorandum and placed in a secure facility until being passed to the attorney handling the litigation.