FreeCFELaw PracticeExamQ&As CertifiedFraudExaminer(CFE)-Law https://www.passcert.com/CFE-Law.html
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 1.Claudestolealargeamountofcashfromhisemployerandthendepositedthe fundsintoadomesticbankaccountNext,hewiredtheillicitfundstoaforeign bankaccountandengagedmseveralothertransactionsusingforeignaccountsto makethemdifficulttotraceFinally,hetransferredthefundsbacktoadomestic accountandthenspentthemoney. WhichofthefollowingactionswasthelayeringstageofClaude'smoney launderingscheme? A.Whenhefirstdepositedthefundsintoadomesticaccount B.Whenhefirststolethecashfromhisemployer C.Whenhemovedthefundsthroughseveraltransactionsusingforeignaccounts D.Whenhespentthemoney Answer:C
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 2.CountriesAandBbothfollowtheFinancialActionTaskForce(FATF) Recommendationsconcerningcross-bordertransfersofcurrencyTrevoris travelingfromCountryAtoCountryBwhilecarrying$16,000incashwhich exceedsCountryB'sreportingthresholdTrevorisrequiredtodisclosethe amountofcurrencyheiscarryingtoauthoritiesinCountryB. A.True B.False Answer:A
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 3.Whichofthefollowingsituationswouldconstituteaviolationofthe USForeignCorruptPracticesAct(FCPA) A.AprivateU.ScompanypaysaS2.000foreigncorporationfeethat isrequiredinordertodobusinesswithinthecountry B.AprivateUKcompanytransfers$25,000toaChileanpublic officialtoinfluencetheawardoflucrativeoverseascontracts. C.AprivateUScompanytransfers$45,000toaforeignofficialto influencetheawardofapublicconstructioncontract. D.AprivateU.Scompanytransfers$100,000tothesoleproprietor ofaBraziliancompanytoinfluencetheawardofacommercial importscontract. Answer:C
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 4.TheOrganisationforEconomicCo-operationandDevelopments (OECD)RecommendationonCombatingBriberymInternational Business(Recommendation)urgesmemberstatestocombatthe briberyofforeignpublicofficialsbytakingstepstoimprovewhichof thefollowingprimaryareaswithintheirrespectiveinfrastructures? A.Publichealthandsafetyregulations B.Lawsandregulationsrelatedtopublicsubsidieslicenses,and contractprocurement C.Lawsandregulationscoveringe-commerce D.Consumerdataprotectionlaws Answer:B
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 5.TheMAINPURPOSEformaintainingthechainofcustodyonan itemofevidenceisto A.Establishthattheevidencehasnotbeenalteredorchangedfromthe timeitwascollectedthroughitsproductionincourt B.Verifythattheitemofevidencehasonlybeenhandledbycourt officialspriortoitsproductionmcourt. C.eventopposingpartiesfromaccessingevidencewithoutacourt order D.Eliminatereneedtoauthenticatetheitemofevidenceincourt Answer:A
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 6.Smith,aCertifiedFraudExaminer(CFE).worksfortheABCCompany,a privateentitythatoperatesw\ajurisdictionwithcivillawsfordefamation, invasionofprivacy.andconflictofinterestSmithseizesandsearchesthe personalsmartphoneofGreenanemployeeofABCeventhoughGreenwas notsuspectedofanywrongdongAssumingthatGreenhadareasonable expectationofprivacyinthesmartphoneandSmithconductedthesearch withoutalegitmateinterestorauthority,underwhichofthefollowingclaims wouldGreenMOSTLIKELYbeabletorecoverdamagesagainstSmith? A.Slander B.IntrusionintoGreen'sprivatematters C.Publicdisclosureofprivatefacts D.Conflictofinterest Answer:B
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 7.WhichofthefollowingisNOToneoftheelementsthatthe governmentmustprovetoestablishaviolationofalawcriminalizing falsestatementstogovernmentagencies? A.Thegovernmentreliedonthefalsestatement B.Thedefendantknewthestatementwasfalse C.Thedefendantmadeafalsestatement D.Thefalsestatementwasmaterial Answer:A
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 8.Injurisdictionsthatallowforcorporatecriminalliabilitywhichofthe followingistypicallyrequiredforthecorporationtobevicariously liablefortheactsofoneofitsemployees? A.Managementwasdirectlyinvolvedwiththeoffense B.Managementknewoftheunderlyingoffensebutdidnotcorrectit C.Thecorporationhadpreviousviolationsofasimilarnature D.Theemployeewasactingwithinthescopeoftheiremployment Answer:D
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 9.Whichofthefollowingcanaffecttherightsthat employeesmayhaveduringaninternalinvestigation? A.Existenceoffraudriskfactors B.Existenceofviolationredflags C.Existenceofinterstatecompacts D.Existenceofanemploymentcontract Answer:D
FreeCFELawPracticeExamFromPasscertforYourBestPreparation 10.Whichofthefollowing,ifavailable,wouldhelpanorganization recoverlossesfromaninstanceofinternalfraud? A.Privilegeinsurance B.Customerliabilitypolicy C.Fidelityinsurance D.Deposition Answer:C