Pass the ACFE Certified Fraud Examiner CFE-Investigation Questions and answers with CertsForce

“Credit card records… show card purchasing limits, previous payment history, account balance,when and where the subject has travelled, restaurants frequented, and assets acquired. In short, these records show the movements and habits of the person”.

Therefore,Bis correct.

Referring to the informant in the memorandum using the informant's initials

Explanation: Best practice requires that informants be identifiedonly by symbols (e.g., I-1, I-2), not by initials, to protect their identity. Cash payments are acceptable but must be accompanied by areceipt.

Guidance on reports:

“A fraud examination report should be accurate, clear, and impartial. The fraud examiner should avoid technical jargon where possible and write in plain language so that readers without specialized knowledge can understand”.

Reports should only include relevant, factual findings—not every detail or opinion.

So, the most accurate statement is that jargon should be avoided.

“Deleted files are recoverable until they are overwritten because data is not erased until it is overwritten… Deleted files that have been overwritten generally are not recoverable”.

Other data such as time/date stamps, websites, or chats can often be retrieved.

TheFraud Examiners Manualspecifies:

“Fraud examinations should proceed from the general to the specific. That is, they should begin with general information that is known and then move to more specific details.”

Therefore, statementB is false, making it the correct answer.

TheFraud Examiners Manualstates:

“Interviewers are encouraged to formulate their questions in a way that will not bring about a strong emotional reaction… emotive words of all types should be avoided during the introductory phase. Such words put people on the defensive”.

Thus, statement C isNOT true.

The manual defines:

“Open questions are those worded in a way that makes it difficult for the respondent to answer ‘yes’ or ‘no.’ The typical open question calls for a monologue response and can be answered in several different ways.”

Example given: “Please tell me about your job.”

Allison’s question (“Why did you choose to do business with that vendor?”) invites explanation, not a yes/no response — making it anopen question.

The calibration (or norming) process in interviews is meant to establish a baseline of the subject’s normal verbal and nonverbal behavior. This is done by askingnoncritical background questionsso that later deviations can be more reliably identified.

From the CFE Prep guide:

“The proper way an interviewer should start the calibration (norming) of a witness is through the use of:Noncritical questions on background information.… Examples of noncritical questions include ‘When did you start with the company?’ and ‘How long is your commute?’”.

Thus, the correct answer isD. “How many jobs have you had before this one?”since it is a nonthreatening background question.

Best practice for signed statements:

Fraud examiners should prepare the statement, keep it concise, and ensure voluntariness and intent are clear.

While not legally required, it isrecommendedthat two individuals witness the signing.✅Answer: C. Have two individuals witness the signing of the document when possible

Admission-seeking interviews are designed:

“to obtain a legal admission of wrongdoing… also to distinguish innocent individuals from culpable ones and to secure a signed written statement”.

The primary purpose is obtaining a valid confession.