Download CFE Law Exam Questions For Certified Fraud Examiner (CFE) - Law

Download CFE Law Exam Questions For Certified Fraud Examiner (CFE) – Law

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Certified Fraud Examiner (CFE) – Law exam is one of the four required exams for Certified Fraud Examiner (CFE) Credential. FreeTestShare CFE Law Exam Questions can help you learn everything you need to know about the 300-415 exam. You will gain confidence by learning CFE Law Exam Questions, which will aid you immensely in your CFE Law exam preparation. Taking CFE Law Exam Questions will give you an excellent idea of how you will perform on the real examination. This will assist you in passing the exam and advancing your career.

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1. In jurisdictions that allow for corporate criminal liability which of the following is typically required for the corporation to be vicariously liable for the acts of one of its employees?

Management was directly involved with the offense

Management knew of the underlying offense but did not correct it

The corporation had previous violations of a similar nature

The employee was acting within the scope of their employment

2. All of the following are common legal defenses for tax evasion EXCEPT:

Mental illness of the taxpayer

Death of the taxpayer

The taxpayer s reliance on an attorney or accountant

The actions were tax avoidance not tax evasion

3. 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

4. Which of the following examples of judicial systems would BEST be described as a civil law system?

The courts are allowed to consider both codified statutes and previous court decisions but are bound by neither

The courts are bound by both previous court decisions and codified principles or statutes

The courts are bound primarily by previous court decisions to reserve legal issues

The courts are bound by codified principles or statures but are not bound by previous court decisions

5. At the end of a civil proceeding, the court finds the defendant, a company, liable and orders it to pay a large sum of money to compensate for the plaintiffs losses .

Which of the following BEST describes this type of remedy?

Declaratory relief

Carnages

Equitable relief

Injunction

6. 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?

The government relied on the false statement

The defendant knew the statement was false

The defendant made a false statement

The false statement was material

7. The________________requires that an employee act solely in the best interest of their employer, free of any serf-dealing, conflicts of interest, or other abuse that results in a personal advantage

Duty of care

Duty of responsibility

Duty of employee trust

Duty of loyalty

8. Which of the following statements concerning the appointment of expert witnesses at that is accurate?

Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.

Generally, only the parties may select expert witnesses in inquisitional jurisdictions.

Generally the court selects the primary expert witnesses in adversarial jurisdictions.

Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions

9. 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

10. 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

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11. Which of the following statements concerning alternative remittance systems is INCORRECT?

The systems are not necessarily illegal.

Funds are sent and received without the use of traditional financial institutions.

The systems are characterized by a lack of physical or digital transfer of currency between payers and payees.

The ledgers used typically contain information regarding payers and payees, such as names and account numbers.

12. Which of the following would be direct evidence that the criminal defendant a former cashier for a home improvement store committed a cash larceny scheme that resulted n the theft of more than $5 000 from the store?

A diagram is used to display the location of the store's registers

A witness testifies that they saw the defendant take the money

A witness testifies that the defendant was almost always the last cashier to leave the store

A coworker testifies that the defendant was acting nervously the day the money was taken

13. Which of the following statements concerning the appointment of expert witnesses at that is accurate?

Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.

Generally, only the parties may select expert witnesses in inquisitor jurisdictions

Generally the court selects the primary expert witnesses in adversarial jurisdictions

Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions

14. Which of the following is NOT a right of the accused under the United Nations' (UN) International Covenant on Civil and Political Rights (ICCPR)?

Right of the accused to be informed of criminal charges

Right to be presumed innocent until proven guilty

Right to a trial by jury

Freedom from arbitrary arrests

15. Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?

Mail fraud

Wire fraud

Insider trading fraud

Communications fraud

16. 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

17. Which of the following is generally NOT one of the goals of deferred prosecution agreements?

To postpone prosecution until a company conducts an extensive internal investigation

To get an organization to reform its policies

To allow prosecutors to resolve a case while still punishing malfeasance

To reduce the risk of illegal practices at an organization

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

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

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

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

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

19. In most countries employers must provide notice to their employees before they implement an employee monitoring program

True

False

20. Which of the following statements is TRUE regarding criminal proceedings and discovery in adversarial jurisdictions?

Most criminal proceedings are divided into pretrial, investigative and trial phases

Parties typically cannot request evidence from each other until after the trial begins.

The majority of criminal discovery usually occurs before the trial begins.

The judge is the primary driver of the discovery process in criminal proceedings.

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21. 1. Claude stole a large amount of cash from his employer and then deposited the funds into a domestic bank account Next, he wired the illicit funds to a foreign bank account and engaged m several other transactions using foreign accounts to make them difficult to trace Finally, he transferred the funds back to a domestic account and then spent the money .

Which of the following actions was the layering stage of Claude's money laundering scheme?

When he first deposited the funds into a domestic account

When he first stole the cash from his employer

When he moved the funds through several transactions using foreign accounts

When he spent the money