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

Viewing page 5 out of 5 pages
Viewing questions 41-50 out of questions
Questions # 41:

Slater has been appointed as a bankruptcy administrator. According to the recommendations of the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles), which of the following statements concerning Slater's role as bankruptcy administrator is MOST ACCURATE?

Options:

A.

Slater may investigate all contracts the debtor entered into, but he does not have the power to cancel them without the debtor's permission.


B.

Slater may request relevant information from the debtor's agents or others with knowledge of the debtor's affairs, but he cannot force them to provide it.


C.

Slater may collect, preserve, and dispose of the debtor's property.


D.

Slater may not interfere with contracts signed by the debtor.


Expert Solution
Questions # 42:

The government filed a avil action against a politician for accepting real estate as a bribe. There is a possibility that the politician could transfer the real estate to a third party before the court enters a final judgment Which type of order should the government seek from the court to prevent the politician from transferring the real estate?

Options:

A.

Preservation order


B.

Declaratory relief


C.

Prejudgment attachment


D.

Litigation hold


Expert Solution
Questions # 43:

Which of the following statements concerning fact finders in criminal trials in common law jurisdictions is MOST ACCURATE?

Options:

A.

The presence of a jury is always required to make factual findings in a common law criminal trial


B.

A panel of a professional judge and lay judges usually serves as the fact finder in serious cases


C.

A judge is typically responsible for factual findings


D.

Juries usually serve as the fact finder in serious cases


Expert Solution
Questions # 44:

Which of the following can affect the rights that employees may have during an internal investigation?

Options:

A.

Existence of fraud risk factors


B.

Existence of violation red flags


C.

Existence of interstate compacts


D.

Existence of an employment contract


Expert Solution
Questions # 45:

Which of the following describes the purpose of an expert witness testimony at trial?

Options:

A.

To offer an opinion as to a party's guilt or innocence


B.

To give a firsthand account of the fads of the case on the record


C.

To give an opinion when the fact finder needs specialized knowledge


D.

None of the above


Expert Solution
Questions # 46:

John deliberately understated his income so that he could pay a lesser amount on his tax bill. This is an example of tax avoidance.

Options:

A.

True


B.

False


Expert Solution
Questions # 47:

Kamala is conducting a fraud examination in a country where courts apply laws from codified statutes to each case. When deciding legal issues, the courts are not bound by similar court decisions from previous cases. The country where Kamala is working MOST LIKELY has a __________ judicial system.

Options:

A.

Common law


B.

Civil law


C.

Substantive law


D.

Statutory law


Expert Solution
Viewing page 5 out of 5 pages
Viewing questions 41-50 out of questions