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ACFE Exam CFE-Investigation 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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Jina
1 months 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 days ago
Absolutely, better to gather all the facts before taking any action.
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Lucy
5 days ago
I think so too. Jumping to conclusions could cause more harm than good.
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Sabine
15 days ago
Yeah, definitely agree. It's important to investigate quietly first.
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Lindsey
2 months 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
10 days ago
Exactly, accusing someone directly without proper evidence is not the way to go.
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Chauncey
18 days ago
D) Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk
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Carlee
21 days ago
A) Notify management of the possibility that Elizabeth has committed fraudulent acts
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Nohemi
2 months 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 months ago
D) Conduct discreet inquiries into Elizabeth's responsibilities as an accounts payable clerk
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Tegan
2 months ago
A) Notify management of the possibility that Elizabeth has committed fraudulent acts
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Derick
2 months 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
2 months ago
I think Arnold should also conduct discreet inquiries into Elizabeth's responsibilities to gather more information.
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Cora
3 months 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
22 days ago
Searching Elizabeth's mobile phone without proper authorization could lead to legal issues.
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Verdell
24 days ago
I think notifying management is also a good idea to handle the situation properly.
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Alease
25 days ago
It's important to gather more information before jumping to conclusions.
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Stephanie
28 days ago
I agree, conducting discreet inquiries is the best approach.
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Eden
3 months ago
I agree with Louis. It's suspicious that Elizabeth made such expensive purchases.
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Louis
3 months ago
I think Arnold should notify management about Elizabeth's purchases.
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