ACFE Exam CFE-Investigation Topic 2 Question 90 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 90
Topic #: 2

Smith, a Certified Fraud Examiner (CFE) for the Ajax Co.. observes Jones, an accounts payable clerk, driving an expensive sports car to work. Smith also has knowledge that Jones recently had extensive remodeling done on her residence. Smith has sufficient predication to:

AConduct discreet inquiries into Jones's responsibilities as an accounts payable clerk

BNotify management of the possibility that Jones has committed fraudulent acts.

CSearch Jones's mobile phone for evidence of misconduct

DAccuse Jones directly of having committed fraud.

Show Suggested Answer

Suggested Answer: D

by Elmer at Jul 01, 2024, 07:13 AM

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Vinnie

2 months ago

Looks like Jones is living the dream, or maybe the nightmare. Either way, I'd pick option B and let the big boss handle this one. Fraud investigations can be a real headache.

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Shawn

2 months ago

Someone's got a lead foot and a green thumb! I'd go with option C and search that phone. You never know what kind of shady business might be hiding in there.

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Yolando

11 days ago

C) Search Jones's mobile phone for evidence of misconduct

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Jamal

22 days ago

B) Notify management of the possibility that Jones has committed fraudulent acts.

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Shantell

28 days ago

A) Conduct discreet inquiries into Jones's responsibilities as an accounts payable clerk

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Chantay

2 months ago

Hmm, I'd say option A is the way to go. Discreet inquiries could uncover more details before jumping to conclusions. Can't be too careful with these things.

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King

29 days ago

I think notifying management is the best course of action in this situation.

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Truman

1 months ago

It's important to gather more information before making any accusations.

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Tomoko

1 months ago

I agree, conducting discreet inquiries is a good first step.

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Ceola

2 months ago

Whoa, that sports car though! Jones must be living the high life. I'd go with option D and confront them directly. Fraud is no joke!

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Shanda

2 months ago

I agree, accusing someone directly without proper evidence can have serious consequences.

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Cammy

2 months ago

I think it's best to start with discreet inquiries first before jumping to conclusions.

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Miss

2 months ago

I believe notifying management of the possibility of fraud is the best course of action to take.

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Tabetha

2 months ago

I agree with Rodney, it's important to gather more information before jumping to conclusions.

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Rodney

3 months ago

I think we should conduct discreet inquiries into Jones's responsibilities.

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Trina

3 months ago

Option B seems the most appropriate. As a CFE, Smith should report the suspicious activities to management and let them conduct a proper investigation.

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