Selected CFE-Law Certified Fraud Examiner Questions Answers

This question tests your knowledge of Domain 5.

In the context of Money Laundering, specifically relating to FATF, the question asks about COD, FATF.

The correct answer is A: True.

This question addresses money laundering concepts. The correct answer correctly identifies the stage, method, or regulatory framework related to money laundering or anti-money laundering efforts. Understanding these processes is critical for fraud examiners working to detect and prevent financial crimes.

This question tests your knowledge of Domain 7.

In the context of Individual Rights During Examinations, specifically relating to GDPR, the question asks about EU, GDPR, NOT.

The correct answer is B: An organization must have a documented lawful basis for collecting or processing personal data..

This question relates to individual rights during examinations. The correct answer accurately describes the legal protections, obligations, or privacy considerations that apply in workplace investigations. Fraud examiners must balance investigative needs with legal protections for individuals.

Under the ACFE Fraud Examiners Manual, Law Section, particularly The Civil Justice System and Individual Rights During Examinations , individuals have legally protected privacy interests that can give rise to civil liability when violated. One recognized invasion of privacy tort is intrusion upon seclusion, which occurs when someone intentionally intrudes, physically or otherwise, into another person’s private affairs without authorization and in a manner that would be highly offensive to a reasonable person.

In this scenario, Wilson searched Garcia’s private tablet without legitimate authority or investigative basis. Garcia had a reasonable expectation of privacy in her personal device, and there was no suspicion of wrongdoing to justify the intrusion. Because the wrongful act is the unauthorized access itself, Garcia would most likely assert a claim for intrusion into private matters.

Public disclosure of private facts requires dissemination of private information to third parties, which is not indicated here. Defamation requires a false statement communicated to others that harms reputation, which is also absent. Property damage would require physical harm to the tablet.

Therefore, the most appropriate civil claim is intrusion into an individual’s private matters, as the injury arises from the unauthorized invasion of Garcia’s privacy.

This question tests your knowledge of Domain 1.

In the context of Overview of the Legal System, specifically relating to criminal, the question asks about MOST ACCURATE, how criminal bargaining agreements are typically handled in jurisdictions where such agreements are allowed.

The correct answer is A: The defense generally has the discretion to decide whether to settle charges with a bargaining agreement..

This question relates to the legal system framework. Understanding the distinction between different legal systems and processes is crucial for fraud examiners. The correct answer accurately describes the relationship between different legal entities and their jurisdictions.