ACFE Exam CFE-Investigation Topic 4 Question 64 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 64
Topic #: 4

Anita is interviewing her client's employee, whom she suspects committed check fraud. During the interview. Anita asks if she can obtain account records from the suspect's bank If the suspect only gives Anita oral consent, the suspect's bank is required to allow Anita access to the suspect's account records.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

by Louisa at Feb 02, 2023, 08:58 PM

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Roslyn

1 months ago

Hmm, I wonder if Anita is trying to pull a fast one. Maybe she's trying to get the suspect to 'consent' orally so she can sneak a peek at those juicy account records. Nice try, but B) False is the way to go!

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Stevie

2 months ago

I'm no banking expert, but I'm pretty sure the bank won't go for just an oral consent. That's like trying to withdraw cash with a verbal 'trust me, it's my account'. B) False, for sure.

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Linette

21 days ago

I agree, the bank would definitely require written consent for something like that.

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Matilda

22 days ago

B) False

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Youlanda

1 months ago

A) True

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Lashunda

2 months ago

Oh boy, I bet the bank would love to see Anita try to access the records with just a verbal 'OK' from the suspect. B) False all the way!

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Chau

2 months ago

Ah, this is a classic tricky question. I'll have to go with B) False on this one. The bank can't just hand over the records based on oral consent.

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Glendora

4 days ago

It's important to have proper documentation for something like this.

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Tommy

5 days ago

I agree, oral consent wouldn't be enough in this case.

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Hildegarde

7 days ago

Yeah, the bank would need written consent for that.

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Chanel

7 days ago

I think you're right, it's definitely false.

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Brandon

24 days ago

Exactly, written consent is necessary in this situation to obtain the account records from the suspect's bank.

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Carry

28 days ago

So, the suspect's bank is not required to allow Anita access to the account records with just oral consent.

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Gertude

29 days ago

Yes, that's correct. Oral consent is not sufficient for the bank to provide access to account records.

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Nikita

2 months ago

I think you're right, the bank would need written consent to release account records.

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Veronika

2 months ago

True. I think the suspect's bank has to provide access if the suspect gives oral consent during the interview.

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Karrie

2 months ago

Hmm, this seems tricky. I'm pretty sure the bank needs a written consent to share the account records. Oral consent doesn't seem sufficient.

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Glenn

22 days ago

Definitely, written consent is likely necessary for the bank to release the records.

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Anthony

22 days ago

I believe written consent is required for the bank to allow access to account records.

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Veda

23 days ago

Yeah, I agree. Oral consent might not be enough for the bank to share the records.

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Bethanie

2 months ago

I think you're right, the bank probably needs written consent.

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Ben

3 months ago

I agree with Sherita. Oral consent is not sufficient for the bank to provide access to account records.

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Sherita

3 months ago

False. The suspect's bank would not be required to allow access based on oral consent.

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