Most Recent ACFE CFE-Law Exam Questions & Answers

Prepare for the ACFE Certified Fraud Examiner (CFE) - Law exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the ACFE CFE-Law exam and achieve success.

The questions for CFE-Law were last updated on Nov 15, 2024.

Viewing page 1 out of 21 pages.
Viewing questions 1-5 out of 103 questions

Get All 103 Questions & Answers

Question No. 1

Which of the following is the MOST ACCURATE statement about serf-regulatory organizations (SROs) in the securities industry?

AAn SRO generally has sole regulatory authority over the securities industry in the jurisdiction in which it operates

BIn most jurisdictions. SROs are prohibited from participating in the resolution of disputes related to securities transactions

CAn SRO is a governmental entity that exercises regulatory authority over the securities industry in its jurisdiction

DIn some jurisdictions SROs establish the standards and rules under which members of the securities industry operate

Show Answer

Correct Answer: D

Question No. 2

To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?

A'Did the person who made the representation believe that it was suitable for potential investors?'

B'Was the misrepresentation made by an authorized individual?'

C'Would a reasonable investor wish to know the information to make an informed decision?'

D''Did the person who made the representation intend to mislead potential investors?

Show Answer

Correct Answer: C

Question No. 3

Ramona is investigating Eugene for misconduct Ramona and Eugene both work for Elek-Tek, which operates in a jurisdiction with evil laws for defamation, invasion of privacy and conflict of interest During the investigation Ramona obtained ^formation that Eugene is cheating on his spouse Ramona to a large group of Elek-Tek employees that Eugene was committing adultery, which turned out to be true Which cause of action would give Eugene the BEST chance for success m a civil suit against Ramona?

AConflict of interest

BDefamation

CPublic disclosure of private facts

DSlander

Show Answer

Correct Answer: C

Question No. 4

Which of the following is NOT a legal element that must be shown to prove a claim for fraudulent misrepresentation of material facts?

AThe victim relied on the misrepresentation

BThe defendant acted negligently

CThe defendant made a false statement (i, e., a misrepresentation of fact)

DThe victim suffered damages as a result of the misrepresentation

Show Answer

Correct Answer: B

Question No. 5

Dodd is a Certified Fraud Examiner (CFE) who works for Weathervane, a private company Dodd suspects that Burton a Weathervane employee has embezzled money from the company Dodd plans to conduct an internal investigation into the missing funds Based on these facts which of the following is the MOST ACCURATE statement?

ABurton has a duty to cooperate with the investigation even if what is requested from him is not reasonable

BBurton can refuse to cooperate with the investigation because he has a fundamental right to privacy

CBurton likely has a duty to cooperate with the investigation as part of the employer-employee relationship

DBurton can refuse to cooperate with the investigation because he has a fundamental right to remain silent

Show Answer

Correct Answer: C

Unlock All Questions for ACFE CFE-Law Exam

Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits

Get All 103 Questions & Answers