Question 1

All of the following are true with regard to textual analytics EXCEPT:

Options :

A : When conducting textual analysis, the fraud examiner should come up with a list of fraud keywords to search for.

B : Textual analytics is used to reveal patterns, sentiments, and relationships indicative of fraud

C : The purpose of textual analytics is to search for and find an admission of fraud that can be presented in court

D : Textual analytics provides the ability to uncover warning signs of potentially fraudulent employee behavior

Answer: C

Question 2

Tony, a fraud examiner, believes that vendors might be submitting multiple invoices for the same sales with the hope that they will be paid more than once. He wants to ensure that no two invoices in the system have the same number. Which of the Mowing data analysis functions would be most useful for this test?

Options :

A : Duplicate search

B : Benford-s Law analysis

C : Correlation analysis

D : Linear regression

Answer: A

Question 3

Marilyn, a Certified Fraud Examiner (CFE). is reasonably sure that Shelly, her primary suspect, committed the fraud in question Before scheduling an admission-seeking interview with Shelly. Marilyn should be reasonably sure of all of the following EXCEPT:

Options :

A : That all reasonable investigative steps have been taken

B : That the interview-s time and location can be controlled

C : That no other person was involved in the fraud in question

D : That the interview-s subject matter can be controlled

Answer: C

Question 4

When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?

Options :

A : Consider what the interview is intended to accomplish and state an objective.

B : Review the case file to ensure that important information has not been overlooked

C : Prepare a detailed list of questions to ask the subject during the interview.

D : Ensure that the interview is held in a venue where the subject will feel Uncomfortable

Answer: D

Question 5

A fraud examiner is based m the United States, a non-European Union (EU) country, and is collecting personal information from their company's human resources (HR) files about an employee based in Spain, an EU country Based on these facts, the fraud examiner would need to comply with the EU's General Data Protection Regulation (GDPR) when conducting their internal investigation.

Options :

A : True

B : False

Answer: A

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