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ACFE Certified Fraud Examiner Sample Questions:
1. Which of the following scenarios is an example of the criminal sanction known as criminal forfeiture?
A) As part of his sentence for tax evasion, a defendant is ordered to pay a fine of $10,000 to the government.
B) As part of her sentence for bribery, a defendant is ordered to transfer a vehicle she received as a bribe to the government.
C) As part of her sentence for money laundering, a defendant is sentenced to a three- to five-year term of incarceration.
D) As part of his sentence for embezzlement, a defendant is ordered to pay back his employer for the money he stole.
2. Each day, Rachel purchases $14 500 in bearer instruments with cash from a bank where all currency transactions above 515,000 must be reported to the government Rachets actions are a red flag of which of the following schemes ' ?
A) Real estate laundering
B) Alternative remittance system
C) Channel stuffing
D) Structuring
3. Which of the following is the MOST ACCURATE statement about the circumstances under which a conflict of interest claim would be actionable against an agent?
A) The agent must have had an undisclosed interest m a matter that could influence their professional role
B) The agent must have purported to act on behalf of or as an agent for an identified principal
C) The agent must have been authorized by someone with actual authority to carry out the transaction at issue
D) The agent must have informed the principal of their actions
4. If Mary uses legal means to lower her tax bill through legitimate deductions and credits she is engaging m tax evasion
A) True
B) False
5. In systems using adversarial processes, an attorney may impeach an opposing party ' s witness by showing that the witness:
A) Has a keen ability to observe
B) Is influenced by bias or self-interest
C) Made poor consistent statements
D) Testified from personal knowledge
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |



