2026 Updated Verified CFE-Investigation dumps Q&As – 100% Pass Guaranteed [Q87-Q108]

5/5 - (3 votes)

2026 Updated Verified CFE-Investigation dumps Q&As – 100% Pass Guaranteed

Provide Valid Dumps To Help You Prepare For Certified Fraud Examiner – Investigation Exam Exam

ACFE CFE-Investigation certification is a highly respected designation in the field of fraud examination, recognized by employers and professionals worldwide. Certified Fraud Examiner – Investigation Exam certification is awarded by the Association of Certified Fraud Examiners (ACFE) to individuals who demonstrate expertise in the investigation of fraud and financial crimes.

The CFE-Investigation certification exam covers various topics such as fraud prevention and deterrence, financial transactions and fraud schemes, investigation techniques, and legal elements of fraud. CFE-Investigation exam consists of 125 multiple-choice questions and must be completed within a four-hour time limit. The passing score is 75%, and candidates must complete an application and meet eligibility requirements before taking the exam.

QUESTION 87
Louis, a Certified Fraud Examiner (CFE). is investigating a potential internal fraud case originating from a whistteblower tip about embezzlement. He discovers that the organization purportedly affected by the embezzlement recorded the tip in a memorandum. Which type of evidence would the memorandum be considered?

Testimonial evidence

Incriminating evidence

Documentary evidence

Verbal evidence

QUESTION 88
Which of the following is usually considered the most useful source of financial information available to fraud examiners in tracing a subject’s assets?

Financial institution records

Service bills

Paystubs

Credit card statements

QUESTION 89
When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?

Consider what the interview is intended to accomplish and state an objective.

Review the case file to ensure that important information has not been overlooked

Prepare a detailed list of questions to ask the subject during the interview.

Ensure that the interview is held in a venue where the subject will feel Uncomfortable

QUESTION 90
Which of the following would be most useful in determining when a specific document file was created?

The document’s metadata

Internet activity data

The system tog

Operating system partition

QUESTION 91
Amanda needs to know the location of the principal office and the date of incorporation of a company she is investigating. Which of the following would be the BEST source of this information?

The organizational filing with the government of the jurisdiction in which the company is incorporated

The company’s income tax filings

The contractual records of any real property owned by the corporation

The comprehensive litigation file in the local court in the jurisdiction in which the company is headquartered

QUESTION 92
Which of the following is the MOST ACCURATE statement regarding the analysis phase in digital forensic investigations?

When analyzing data for evidence, fraud examiners should look for exculpatory evidence But not inculpatory evidence

During the analysis phase, it is best to use just one forensic tool for identifying, extracting, and collecting digital evidence

The primary concern when analyzing digital evidence is to maintain the integrity of the data at all times

The analysis phase of digital forensic investigations should not commence unless it is venfied that the suspect devices do not contain relevant data

QUESTION 93
Assuming that a jurisdiction has prohibited pretexting against financial institutions, which of the following actions would constitute illegal pretexting?

Intentionally making false statements on loan applications

Stealing a person’s mail lo obtain the person’s bank account number

Impersonating an account holder to access their bank records

Setting up a bank account in an assumed name

QUESTION 94
Management at Oak Company has asked Arthur, an internal auditor, to implement a data analysis program to search for warning signs of potential fraud within the company. Which of the following steps should Arthur conduct first to MOST effectively use data analysis techniques for such an initiative?

Analyze the data.

Cleanse and normalize the data

Build a profile of potential frauds.

Obtain the data.

QUESTION 95
If an important witness becomes hostile and argumentative during an Interview, the interviewer generally should:

Agree with the witness’s points whenever possible.

Terminate the interview

Refute the witness’s arguments

Try to reason with the witness

QUESTION 96
Marcus is trying to locate the financial statements of Acme Airlines, a multinational publicly traded corporation. Which of the following sources would be MOST EFFECTIVE for finding this information?

Commercial filings

Civil litigation records

Organizational filings

Regulatory securities records

QUESTION 97
Which of the following is NOT a common use of public sources of information?

Obtaining an individual’s credit records

Finding out about a person’s lifestyle

Developing background information on a subject

Corroborating or refuting witness statements

QUESTION 98
Smith, a Certified Fraud Examiner (CFE) for the Ajax Co.. observes Jones, an accounts payable clerk, driving an expensive sports car to work. Smith also has knowledge that Jones recently had extensive remodeling done on her residence. Smith has sufficient predication to:

Conduct discreet inquiries into Jones’s responsibilities as an accounts payable clerk

Notify management of the possibility that Jones has committed fraudulent acts.

Search Jones’s mobile phone for evidence of misconduct

Accuse Jones directly of having committed fraud.

QUESTION 99
Why is it necessary to image a seized computer’s hard drive for forensic analysis?

To prohibit access to the suspect computer’s hard drive by individuals not professionally trained in forensic analysis

To allow for the analysis of data from a suspect computer without altering or damaging the original data in any way

To create pictures of the suspect computer system and its wires and cables

To enable the retrieval of data from the suspect computer directly via its operating system

QUESTION 100
Which of the following questions would be MOST EFFECTIVE when establishing a baseline during an interview?

“Do you know who had access to the file?”

“Are you familiar with the company’s policies regarding ethics?”

“Have you committed any misconduct against the company?”

“How long have you been in this department?”

QUESTION 101
A fraud examiner contacts a witness regarding an interview. If the respondent says. ‘I’m too busy.” how should the fraud examiner react?

Explain that the respondent will be subject to discipline if they do not participate

Stress that the interview will be short.

Caution the witness that avoidance of the interview will be considered suspicious.

Inquire about a more convenient time

QUESTION 102
______________ can be detected by closely examining the documentation submitted with the cash receipts.

Voided purchases

Fictitious refunds

Approved transaction

None of the above

QUESTION 103
Which of the following is the MOST ACCURATE statement regarding a fraud examiner’s ability to trace cryptocurrency transactions?

Each Blockchain transaction contains a user’s cryptographic address, which can help identify patterns that might link the user to criminal activity.

Most jurisdictions do not require digital wallet providers to record any personal information about cryptocurrency users

Cryptocurrency ownership cannot be determined through an analysis of details on a subject’s bank statements.

Most cryptocurrencies rely on private block chains, which allow users’ transactions to be completely anonymous and therefore difficult to trace.

QUESTION 104
Baker, a Certified Fraud Examiner (CFE). is getting prepared to conduct a lengthy and complex interview. To prepare himself. Baker should:

Writs down a detailed list of questions in advance

Avoid bringing any notes with him to the interview

Write down key points to go over with the respondent

Take only the documents he wishes to go over

QUESTION 105
Which of the following is NOT a common method that fraudsters use to hide their ill-gotten gains?

Prepaying a home mortgage

Transferring assets into another person’s name

Purchasing a used vehicle

Purchasing a life Insurance policy

QUESTION 106
Allison, a Certified Fraud Examiner (CFE). is investigating a potential procurement fraud scheme. While interviewing a subject, she asks. “Why did you choose to do business with that vendor?” This can BEST be described as a(n):

Open question

Complex question

Leading question

Closed question

QUESTION 107
Which of the following statements would be IMPROPER if included in the fraud examination report of a Certified Fraud Examiner (CFE) who is also qualified as an accounting expert?

“The company’s internal controls were wholly inadequate to prevent this type of violation and should be remediated at the earliest possible time.”

“The evidence shows that expenses in excess of $5 million were omitted from the company’s financial statements “

“Based on statements the suspect made to me. it is my assessment that the suspect has a dishonest disposition.”

“From my examination, it appears that the company’s financial statements were not presented in accordance with generally accepted accounting principles “

QUESTION 108
Which at the following should be done to prepare an organization for a formal fraud investigation?

Notify Ml managers about the investigation explaining why it is happening and who is involved

Notify key decision-makers when the investigation is about to begin

Send an email to all employees explaining the investigation’s purpose

Inform the subject that they are under Investigation.