ACFE Exam CFE-Investigation Topic 3 Question 72 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 72
Topic #: 3

Arnold, a Certified Fraud Examiner (CFE) for Integra Wealth, learns that Elizabeth, an accounts payable clerk, recently purchased an expensive ski boat Arnold also knows that Elizabeth recently purchased a vacation home on a nearby lake Arnold has sufficient predication to:

ANotify management of the possibility that Elizabeth has committed fraudulent acts

BSearch Elizabeth's mobile phone for evidence of misconduct.

CAccuse Elizabeth directly of having committed fraud

DConduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk

Show Suggested Answer

Suggested Answer: C

by Theodora at Aug 06, 2023, 12:12 PM

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Nohemi

11 days ago

Haha, B? Really? Searching someone's phone without their consent? That's a lawsuit waiting to happen! D is definitely the way to go.

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Derick

12 days ago

I'm going with A. If Arnold has sufficient predication, he should notify management of the possibility of fraud. We don't want to jump to conclusions without proper investigation.

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