ACFE CFE-Law Exam Questions Instant Access

Question 1

Which of the following is NOT an element generally required to establish a claim alleging the common law avil wrong for intentional infliction of emotional distress?

AThe defendant acted intentionally or recklessly

BThe victim was an employee of the defendant

CThe victim suffered distress as a result of the defendants conduct

DThe defendant engaged in extreme and outrageous conduct

Answer : B

Question 2

Leslie, a business owner, submits tax information regarding her company's finances to her country's taxing authority. The taxing authority allows companies to subtract the cost of production from their gross sales to determine the taxable income. To reduce her tax liability, Leslie inflates the costs of production on her tax forms. Which of the following schemes has Leslie MOST LIKELY committed?

AA value-added tax evasion scheme

BA falsified tax deduction scheme

CA sales tax scheme

DA tax credit evasion scheme

Answer : B

Question 3

Which of the following is NOT one of the elements that the government must prove to establish a violation of a law criminalizing false statements to government agencies?

AThe government relied on the false statement

BThe defendant knew the statement was false

CThe defendant made a false statement

DThe false statement was material

Answer : A

Question 4

Which of the following statements regarding civil lawsuits in most jurisdictions is CORRECT?

AThe plaintiffs initial filing does not typically need to contain a summary of the evidence

BCivil lawsuits begin with the filing of a pleading, usually in the jurisdiction in which the defendant resides or where the claim arose

CThe plaintiff's initial filing with the court does not typically need to include the specific facts on which the claim relies.

DAll of the above are correct

Answer : B

Question 5

Which of the following typically does NOT have to be present for communications between an attorney and the attorney's client to be protected by a legal professional privilege?

APurpose of the communications was to seek or provide legal advice

BA lawsuit has been filed

CIntent to keep the communications confidential

DCommunication between a legal advisor and a client

Answer : B

Question 6

Clara is a fraud examiner investigating a potentially fraudulent misrepresentation made in the sale of a security. Which of the following questions should Clara ask to determine if the misrepresentation was material?

A'Would a reasonable investor want to know the information to make an informed decision?'

B'Is the person who made the misrepresentation registered as a broker-dealer?'

C'Were potential investors promised guaranteed returns in the misrepresentation?'

D'Did the person who made the representation have authorization to make the statements that are in dispute?'

Answer : A

Question 7

Which of the following would be direct evidence that an employee committed a cash larceny scheme that resulted in the theft of $800 from their employer's safe?

AA coworker states that the employee appeared to be nervous on the day of the theft.

BA diagram is used to display the location of the employer's safe.

CA witness testifies that they saw the employee take the money.

DA witness testifies that the employee was usually the last person to leave the office.

Answer : C

ACFE Certified Fraud Examiner (CFE) - Law CFE-Law Exam Questions