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ACFE CFE-Investigation Exam - Topic 3 Question 72 Discussion

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:
C) Accuse Elizabeth directly of having committed fraud
A) Notify management of the possibility that Elizabeth has committed fraudulent acts
B) Search Elizabeth's mobile phone for evidence of misconduct.
D) Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk

ACFE CFE-Investigation Exam - Topic 3 Question 72 Discussion

Actual exam question for ACFE's CFE-Investigation exam
Question #: 72
Topic #: 3
[All CFE-Investigation Questions]

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:

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Suggested Answer: C

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

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Jacki
8 months ago
I think discreet inquiries are the way to go here.
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Kami
8 months ago
Wait, how do we know she can afford all that?
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Tiara
8 months ago
Definitely should notify management about this!
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Barrie
9 months ago
Sounds suspicious, but we need more proof first.
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Francene
9 months ago
Elizabeth bought a ski boat and a vacation home? That's a lot!
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Christoper
9 months ago
Accusing her directly seems risky. I recall a case study where jumping to conclusions backfired. We should gather more information first.
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Coral
9 months ago
I feel like searching her mobile phone might be too invasive without proper authorization. We should follow protocol, right?
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Joseph
9 months ago
I'm not entirely sure, but I remember something about needing more evidence before taking any drastic actions. Maybe discreet inquiries would be safer?
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Ellsworth
10 months ago
I think the best option is to notify management about the possibility of fraud. It seems like the right step based on what we learned about predication.
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Olive
10 months ago
I've got a good feeling about this one. Based on my understanding, the configuration change in the bound network should override the template configuration. But I'll double-check to make sure.
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Larue
10 months ago
I'm pretty confident it's option B. The write throughput of a single partition is likely the cause of the 403 error.
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Donte
10 months ago
Title 18 is the one! I remember learning that in my criminal law class. That's the title that lays out all the federal criminal statutes.
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Carissa
10 months ago
Alright, I'm going to approach this methodically. I'll read each option carefully, consider the key details, and try to eliminate the ones that don't seem quite right.
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Jina
1 year ago
Ooh, look at Mr. Moneybags over here, buying a ski boat and a vacation home! Must be nice. But seriously, D is the right call. Gotta do that discreet inquiry thing, you know?
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Vallie
1 year ago
Absolutely, better to gather all the facts before taking any action.
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Lucy
1 year ago
I think so too. Jumping to conclusions could cause more harm than good.
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Sabine
1 year ago
Yeah, definitely agree. It's important to investigate quietly first.
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Lindsey
1 year ago
C? Accuse Elizabeth directly? What is this, a courtroom drama? Arnold needs to keep his cool and follow the proper procedures. D is the sensible choice.
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Dorsey
1 year ago
Exactly, accusing someone directly without proper evidence is not the way to go.
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Chauncey
1 year ago
D) Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk
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Carlee
1 year ago
A) Notify management of the possibility that Elizabeth has committed fraudulent acts
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Nohemi
1 year 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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Nobuko
1 year ago
D) Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk
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Tegan
1 year ago
A) Notify management of the possibility that Elizabeth has committed fraudulent acts
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Derick
1 year 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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Irma
1 year ago
I think Arnold should also conduct discreet inquiries into Elizabeth's responsibilities to gather more information.
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Cora
1 year ago
I think D is the correct answer. As a CFE, Arnold should conduct discreet inquiries to gather more information before accusing Elizabeth of anything.
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Tora
1 year ago
Searching Elizabeth's mobile phone without proper authorization could lead to legal issues.
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Verdell
1 year ago
I think notifying management is also a good idea to handle the situation properly.
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Alease
1 year ago
It's important to gather more information before jumping to conclusions.
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Stephanie
1 year ago
I agree, conducting discreet inquiries is the best approach.
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Eden
1 year ago
I agree with Louis. It's suspicious that Elizabeth made such expensive purchases.
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Louis
1 year ago
I think Arnold should notify management about Elizabeth's purchases.
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