- Exam Code: CFE-Fraud-Investigations-and-Legal-Issues
- Exam Name: Certified Fraud Examiner (CFE) - Fraud Investigations and Legal Issues
- Updated: Jun 26, 2026
- Q & A: 511 Questions and Answers
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1. The Organisation for Economic Co-operation and Developments (OECD) Recommendation on Combating Bribery m International Business (Recommendation) urges member states to combat the bribery of foreign public officials by taking steps to improve which of the following primary areas within their respective infrastructures?
A) Laws and regulations related to public subsidies licenses, and contract procurement
B) Public health and safety regulations
C) Laws and regulations covering e-commerce
D) Consumer data protection laws
2. Under the ________, people in fiduciary relationships must act with the same skill and attention that is normally exercised by ordinarily prudent persons who are in similar positions.
A) Duty of responsibility
B) Duty of employee trust
C) Duty of loyalty
D) Duty of care
3. Due to risks of illicit transactions, most jurisdictions require financial institutions to obtain information about which of the following from an institution with which they have a foreign correspondent relationship?
A) The institution ' s investment portfolio
B) The institution ' s ownership details
C) The institution ' s tax statements
D) The institution ' s client loan profiles
4. Charles, a fraud examiner, accuses George of fraud during an admission-seeking interview. George immediately denies the charge How should Charles respond to George ' s denial?
A) Use a delaying tactic to interrupt the denial
B) Allow George to continue denying the charge.
C) Counter the denial by arguing with George until further denials are futile
D) Remind George he has to tell the truth or face perjury.
5. Which of the following sets of numbers could a fraud examiner MOST LIKELY benefit from running a Benford's Law analysis on?
A) Employee identification numbers
B) Vendor invoice amounts
C) Telephone numbers
D) Bank account numbers
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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