16 December, 2023

Top Tips Of Improved CFE-Law Exam Topics

Pass4sure offers free demo for CFE-Law exam. "Certified Fraud Examiner (CFE) - Law", also known as CFE-Law exam, is a ACFE Certification. This set of posts, Passing the ACFE CFE-Law exam, will help you answer those questions. The CFE-Law Questions & Answers covers all the knowledge points of the real exam. 100% real ACFE CFE-Law exams and revised by experts!

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Total 103 questions Full Exam Access

Question 1

Under the best practices listed in the Financial Action Task Force (FATF) Recommendations concerning large cash transactions with customers which of the following transactions would require a report to be Wed with the government?

A domestic credit card purchase of a piece of jewelry above the jurisdiction's designated threshold

A cash payment to a restaurant supplier for restaurant supplies above the jurisdiction's designated threshold

An international purchase of a small boat with a lump-sum cash payment below the jurisdiction's designated threshold

A lump-sum cash deposit to a bank above the jurisdiction's designated threshold

Question 2

A prosecutor died criminal charges against Rosa calming that she stole Juan's personal information and sold his identity on the dark web Juan wants to file a civil lawsuit against Rosa to recover damages arising from the identity theft Can Juan file the civil action before the criminal action against Rosa is completed?

Yes, the evil action can be filed if the jurisdiction permits parallel proceedings.

No, the civil action cannot be filed if the jurisdiction prohibits counterclaims.

Yes, the evil action can be filed if the jurisdiction permits analogous cairns.

No, the civil action cannot be filed if the jurisdiction prohibits double jeopardy.

Question 3

In most civil law jurisdictions which of the following BEST describes when a party is required to begin taking steps to preserve and produce relevant evidence?

When the court orders such steps to be taken

When litigation has started

When the party receives a service of process

When the charging documents are filed

Question 4

Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?

The primary purpose of the litigation privilege is to protect confidential communications between a client and the client's legal representative

The litigation privilege only protects documents and materials prepared by an attorney

The litigation privilege applies only while a trial is underway

The litigation privilege applies only to documents and materials prepared in anticipation of litigation

Question 5

Which of the following describes the purpose of an expert witness testimony at trial?

To offer an opinion as to a party's guilt or innocence

To give a firsthand account of the fads of the case on the record

To give an opinion when the fact finder needs specialized knowledge

None of the above

Question 6

In a particular country's judicial process, the judge oversees the investigation of a case is primarily responsible for questioning witnesses and generally plays a larger role in the evidence-gathering process than the parties' legal counsel Which of the following BEST describes this type of judicial process'?

Adversarial process

Substantive law process

Inquisitorial process

Common law process

Question 7

Which of the following statements concerning judgments involving parties in multiple jurisdictions is MOST ACCURATE?

Whether a foreign judgment is enforceable always depends on where the defendant's assets are located

If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment in any jurisdiction

If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment wherever the defendant resides

Whether a foreign judgment is enforceable might depend on whether the two jurisdiction have an enforcement treaty

Question 8

Which of the following is an example of a trade-based money laundering scheme?

An importer and an exporter conspire to conceal illicit funds by creating invoices that understate the quantity of goods shipped internationally

An accountant overstates a restaurants revenues to hide illegal funds that are secretly laundered through the business

A drug cartel outside of the United States launders illicit funds by hiring runners to deposit small amounts of money in bank accounts throughout the United States

A businessperson deposits illicit funds into the bank account of a company they secretly own which then lends the funds back to them

Question 9

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

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

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

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

All of the above are correct

Question 10

Raj is an employee who works in a jurisdiction that prohibits unreasonable workplace searches and surveillance in areas or items where employees have a reasonable expectation of privacy. In which of the following is Raj MOST LIKELY to have a reasonable expectation of privacy?

A backpack brought from home

A filing cabinet in the office lobby

A waste bin m the employee's office

A company-issued tablet computer

Question 11

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

The victim relied on the misrepresentation

The defendant acted negligently

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

The victim suffered damages as a result of the misrepresentation

Question 12

In systems using adversarial processes, an attorney may impeach an opposing party's witness by showing that the witness:

Has a keen ability to observe

Made poor consistent statements

Testified from personal knowledge

Is influenced by bias or self-interest

Question 13

Allison works for a government contractor She informs the government that her employer has been submitting false claims to the government for payment Later it is discovered that Allison has misappropriated more than $50,000 of her employer's money Alison qualifies as a whistleblower entitled to anti-retaliation protection under the law because of her report to the government Which of the following statements about Allison is CORRECT?

Allison cannot be fired for misappropriating funds from her employer

Allison cannot be fired for any reason

Alison cannot be fired for informing the government of her employee??s fraud

None of the above

Question 14

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'?

Channel stuffing

Alternative remittance system

Structuring

Real estate laundering

Question 15

Which of the following is NOT an element that must be proven to establish a penury offense?

The defendant made a false statement that was material

The defendant made a false statement white under oath.

The defendant made the statement with knowledge of its falsity

The defendant made a false statement in a court of law.

Question 16

Jackson believes he has a legal cause of action against Alice, who lives in a foreign country. The fact that Jackson is the plaintiff allows him to bring the lawsuit against Alice in any court in the country where he lives.

True

False

Question 17

During an internal investigation Todd a Certified Fraud Examiner (CFE) interviewed Janessa a fraud suspect Although Janessa wanted to leave in the middle of the interview, Todd blocked the exit and prevented her from leaving Janessa subsequently confessed to committing fraud If under these facts Janessa files a lawsuit (or false imprisonment against Todd, Todd will likely

Win the case because he is protected under the qualified business privilege

Lose the case if a trier of fact concludes that he restrained Janessa without consent or legal justification

Lose the case because janessa did not leave the interview

Win the case if he did not know the conduct was illegal

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Total 103 questions Full Exam Access