ACFE CFE-Investigation Exam - 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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Paulene

10 months ago

Interesting! I didn't know that about bank policies.

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Yuriko

10 months ago

Nope, definitely false. Written consent is a must.

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Freeman

10 months ago

Wait, really? I thought verbal consent could work.

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Gabriele

11 months ago

Totally agree, oral consent isn't enough!

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Rodolfo

11 months ago

Banks usually need written consent for account access.

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Devorah

11 months ago

I remember discussing this in class, and it seems like banks require more than just verbal permission. So, I would lean towards B, False.

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Ashton

11 months ago

I could be wrong, but I feel like there are strict regulations around privacy and consent. Maybe it has to be in writing?

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Daron

11 months ago

I'm not entirely sure, but I feel like I saw a similar question in our practice tests. I think oral consent isn't enough.

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Carol

11 months ago

I think the answer might be B, False. I remember something about needing written consent for banks to release account information.

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Devora

11 months ago

I'm feeling pretty confident about this one. The key elements are likely the core components or features that have been abstracted from the OWS platform.

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Alison

11 months ago

This looks straightforward. I'll go with setting the Polygon Assignment Policy to the Highest Level.

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Jaime

11 months ago

Hmm, I'm a bit unsure about this one. The configuration seems to be related to BGP, but I'm not completely confident in my understanding of the BGP path selection process. I'll need to think it through step-by-step.

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Roslyn

1 year 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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Hubert

1 year ago

So, the answer is B) False then.

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Jesusa

1 year ago

Definitely, oral consent is not enough to access someone's bank records.

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Nelida

1 year ago

Yeah, I agree. I think she needs written consent for that.

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Hyun

1 year ago

I don't think Anita can access the suspect's account records with just oral consent.

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Stevie

1 year 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

1 year ago

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

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Matilda

1 year ago

B) False

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Youlanda

1 year ago

A) True

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Lashunda

1 year 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

1 year 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

1 year ago

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

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Tommy

1 year ago

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

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Hildegarde

1 year ago

Yeah, the bank would need written consent for that.

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Chanel

1 year ago

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

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Brandon

1 year ago

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

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Carry

1 year 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

1 year ago

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

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Nikita

1 year ago

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

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Veronika

1 year 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

1 year 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

1 year ago

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

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Anthony

1 year ago

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

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Veda

1 year ago

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

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Bethanie

1 year ago

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

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Ben

1 year ago

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

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Sherita

1 year ago

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

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