Discuss ACFE CFE-Fraud-Prevention-and-Deterrence Exam Topic 4 Question 123

At the end of an engagement, a Certified Fraud Examiner (CFE) might provide a report to their client about the information uncovered during the investigation. Which of the following statements is TRUE regarding the potential privilege that applies to this report?

AA fraud examiner's report is considered privileged information and is therefore protected from being legally demanded by outside parties.

BA fraud examiner's report may be privileged from disclosure in certain circumstances, but it does not have an absolute legal privilege.

CA fraud examiner's report is privileged from disclosure by anyone other than the client.

DA fraud examiner's report is only privileged from disclosure if the author is also a professional legal advisor.

Suggested Answer: B

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19 comments · newest first

Hana 24 days ago

I feel confident with B too.

Jerilyn 29 days ago

Exactly, B covers the gray areas well.

Daron 1 month ago

C is too vague. Who decides the privilege?

Ettie 1 month ago

D sounds interesting, but too limiting.

Marlon 1 month ago

I agree with B. Legal nuances matter here.

Hana 2 months ago

But A seems too strong. What if the court demands it?

Daron 2 months ago

I lean towards A. Feels safer for the examiner.

Jerilyn 2 months ago

It makes sense. Not absolute privilege, but some protection.

Hana 2 months ago

Why B?

Jerilyn 2 months ago

I think B is the right choice.

Alishia 3 months ago

D is definitely not true; legal advice isn't required for privilege.

Paulene 3 months ago

I thought it was fully privileged. Guess I was wrong!

Edward 3 months ago

Wait, so it’s not always protected? That’s surprising!

Delmy 3 months ago

Totally agree, it’s not absolute.

Pa 3 months ago

B is the correct answer. There are conditions for privilege.

Noah 3 months ago

I’m confused about D; I thought privilege could apply even if the fraud examiner isn’t a lawyer.

Denae 4 months ago

I think I saw a similar question in our practice tests, and it leaned towards B being correct.

Vernell 4 months ago

I’m not entirely sure, but I feel like A is too strong of a statement. Privilege might not be absolute.

Nichelle 4 months ago

I remember discussing how privilege can vary depending on the circumstances, so I think B might be the right choice.

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 4 Question 123 Discussion