CFE-Law Practice Exams and Training Solutions for Certifications
Dumps Free Test Engine Player Verified Answers
The Certified Fraud Examiner (CFE) credential is one of the most respected and recognized certifications in the field of fraud investigation and prevention. The CFE-Law (Certified Fraud Examiner-Law) certification exam is a specialized version of the CFE certification that focuses on the legal aspects of fraud investigation. Certified Fraud Examiner certification is ideal for professionals who work in the legal field and want to enhance their knowledge and skills in the area of fraud prevention and investigation.
ACFE CFE-Law certification is a valuable credential for professionals who specialize in fraud investigation and prosecution within the legal profession. It demonstrates a high level of knowledge and expertise in the field, and it can help professionals advance their careers and increase their earning potential. By passing the CFE-Law exam, professionals can join a global network of fraud examiners and gain access to a wide range of resources that can help them stay up-to-date on the latest trends and best practices in the field of fraud examination.
NEW QUESTION # 26
Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?
- A. The litigation privilege applies only to documents and materials prepared in anticipation of litigation
- B. The primary purpose of the litigation privilege is to protect confidential communications between a client and the client's legal representative
- C. The litigation privilege applies only while a trial is underway
- D. The litigation privilege only protects documents and materials prepared by an attorney
Answer: B
NEW QUESTION # 27
Which of the following examples of judicial systems would BEST be described as a civil law system?
- A. The courts are bound by codified principles or statures but are not bound by previous court decisions
- B. The courts are bound primarily by previous court decisions to reserve legal issues
- C. The courts are bound by both previous court decisions and codified principles or statutes
- D. The courts are allowed to consider both codified statutes and previous court decisions but are bound by neither
Answer: A
NEW QUESTION # 28
In systems using adversarial processes, an attorney may impeach an opposing party's witness by showing that the witness:
- A. Made poor consistent statements
- B. Testified from personal knowledge
- C. Is influenced by bias or self-interest
- D. Has a keen ability to observe
Answer: C
NEW QUESTION # 29
Which of the following statements concerning fact finders in criminal trials in common law jurisdictions is MOST ACCURATE?
- A. Juries usually serve as the fact finder in serious cases
- B. The presence of a jury is always required to make factual findings in a common law criminal trial
- C. A panel of a professional judge and lay judges usually serves as the fact finder in serious cases
- D. A judge is typically responsible for factual findings
Answer: D
NEW QUESTION # 30
If Mary uses legal means to lower her tax bill through legitimate deductions and credits she is engaging m tax evasion
- A. True
- B. False
Answer: B
NEW QUESTION # 31
Which of the following is an example of a trade-based money laundering scheme?
- A. A drug cartel outside of the United States launders illicit funds by hiring runners to deposit small amounts of money in bank accounts throughout the United States
- B. An importer and an exporter conspire to conceal illicit funds by creating invoices that understate the quantity of goods shipped internationally
- C. An accountant overstates a restaurants revenues to hide illegal funds that are secretly laundered through the business
- D. A businessperson deposits illicit funds into the bank account of a company they secretly own which then lends the funds back to them
Answer: B
NEW QUESTION # 32
Which of the following is a red flag that an entity is operating a security business without the proper license or registration?
- A. There are justified gaps in the work history of promoters at the entity
- B. There is an unexplained absence of customer complaints against the entity.
- C. The agents working at the entity have criminal records.
- D. The entity's website contains detailed background information.
Answer: C
NEW QUESTION # 33
Nora, a health care provider b convicted of health care fraud in criminal court After her conviction, the national health agency begins a proceeding to prohibit Nora from seeking reimbursement from government health care programs for five years Which type of administrative penalty is the national health agency seeking?
- A. License suspension
- B. License revocation
- C. Disenfranchisement
- D. Debarment
Answer: A
NEW QUESTION # 34
Which of the following scenarios is an example of the criminal sanction known as criminal forfeiture?
- A. As part of his sentence for tax evasion, a Defendant is ordered to pay a fine of $10,000 to the government
- B. As part of her sentence for money laundering a defendant is sentenced to a three- to five-year term of incarceration
- C. As part of his sentence for embezzlement, a defendant is ordered to pay back his employer for the money he stole.
- D. As part of her sentence for bribery a defendant is ordered to transfer a car she received as a bribe to the government
Answer: D
NEW QUESTION # 35
Which of the following describes the purpose of an expert witness testimony at trial?
- A. None of the above
- B. To give an opinion when the fact finder needs specialized knowledge
- C. To offer an opinion as to a party's guilt or innocence
- D. To give a firsthand account of the fads of the case on the record
Answer: B
NEW QUESTION # 36
Which of the following statements concerning judgments involving parties in multiple jurisdictions is MOST ACCURATE?
- A. If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment in any jurisdiction
- B. If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment wherever the defendant resides
- C. Whether a foreign judgment is enforceable might depend on whether the two jurisdiction have an enforcement treaty
- D. Whether a foreign judgment is enforceable always depends on where the defendant's assets are located
Answer: C
NEW QUESTION # 37
In most civil law systems, the burden of proof for the government to convict a defendant in a criminal case is beyond a reasonable doubt.
- A. True
- B. False
Answer: B
NEW QUESTION # 38
The same customer comes into a casino each day and deposits a large amount of cash into an account but after very little gambling the customer withdraws the funds The casino employees suspect that the customer may be engaged in money laundering activity Assuming that the anti-money laundering (AML) regulations that govern the casino's activities correspond to the Financial Action Task Force (FATF) Recommendations the casino:
- A. Is required to file a report of suspicious transactions with appropriate authorities because the employees suspect money laundering violations
- B. May, but is not required to file a report of suspicious transactions related to possible money laundering with appropriate authorities
- C. May not file a report of suspicious transactions related to potential criminal activity with appropriate authorities
- D. Is required to file a cash transaction report for possible criminal activity with appropriate authorities because cash was involved
Answer: A
NEW QUESTION # 39
Countries A and B both follow the Financial Action Task Force (FATF) Recommendations concerning cross-border transfers of currency Trevor is traveling from Country A to Country B while carrying $16,000 in cash which exceeds Country B's reporting threshold Trevor is required to disclose the amount of currency he is carrying to authorities in Country B.
- A. False
- B. True
Answer: B
NEW QUESTION # 40
Which of the following is generally NOT one of the goals of deferred prosecution agreements?
- A. To postpone prosecution until a company conducts an extensive internal investigation
- B. To reduce the risk of illegal practices at an organization
- C. To allow prosecutors to resolve a case while still punishing malfeasance
- D. To get an organization to reform its policies
Answer: A
NEW QUESTION # 41
Tatiana is the chief executive officer (CEO) of Mattress World Warehouse, a retail mattress store that has been struggling financially A week before Mattress World Warehouse files for bankruptcy Tatiana sets ten mattresses to her husband at 80% below market value Which type of fraud scheme has Tatiana MOST LIKELY committed?
- A. A planned bustout
- B. A concealed transfer
- C. A fraudulent bankruptcy
- D. A fraudulent conveyance
Answer: B
NEW QUESTION # 42
Which of the following would be direct evidence that the criminal defendant a former cashier for a home improvement store committed a cash larceny scheme that resulted n the theft of more than $5 000 from the store?
- A. A diagram is used to display the location of the store's registers
- B. A witness testifies that the defendant was almost always the last cashier to leave the store
- C. A witness testifies that they saw the defendant take the money
- D. A coworker testifies that the defendant was acting nervously the day the money was taken
Answer: C
NEW QUESTION # 43
The________________requires that an employee act solely in the best interest of their employer, free of any serf-dealing, conflicts of interest, or other abuse that results in a personal advantage
- A. Duty of employee trust
- B. Duty of responsibility
- C. Duty of loyalty
- D. Duty of care
Answer: C
NEW QUESTION # 44
Davis is an employee at Waccamaw Homeplace a publicly traded corporation Davis knows that Waccamaw is about to publicly announce a new joint venture project in China, so he buys shares of Waccamaw stock Assuming that his conduct was illegal m the jurisdiction in which he works and resides, what type of crime did Davis MOST LIKELY commit?
- A. Insider trading
- B. Trading on margin
- C. Churning
- D. Futures fraud
Answer: A
NEW QUESTION # 45
Which of the following is a legal element that the government must show to prove a cnminal conspiracy?
- A. The conspirators accomplished the purpose of the conspiracy that was initially established
- B. One of the conspirators knowingly committed an oven act in furtherance of the conspiracy
- C. The defendant knew all the details or objectives of the conspiracy
- D. The defendant knew the identity of all the participants in the conspiracy
Answer: C
NEW QUESTION # 46
All of the following are common legal defenses for tax evasion EXCEPT:
- A. Death of the taxpayer
- B. Mental illness of the taxpayer
- C. The actions were tax avoidance not tax evasion
- D. The taxpayer s reliance on an attorney or accountant
Answer: A
NEW QUESTION # 47
......
To take the CFE-Law exam, candidates must meet specific eligibility requirements, which include a minimum of a bachelor's degree, relevant professional experience in fraud detection or prevention, and adherence to a strict code of ethics. CFE-Law exam is computer-based and consists of four sections, each containing 125 multiple-choice questions. Candidates have four hours to complete each section, and the exam is offered in multiple languages worldwide. Passing the CFE-Law exam demonstrates a commitment to the highest standards of professional conduct and expertise in the field of fraud detection and prevention.
Q&As with Explanations Verified & Correct Answers: https://www.vce4dumps.com/CFE-Law-valid-torrent.html
CFE-Law Dumps with Free 365 Days Update Fast Exam Updates: https://drive.google.com/open?id=1WKCBMHsn_CvasjghKcZvSUNWsOTFHLt-