ACFE Exam CFE-Investigation Topic 2 Question 90 Discussion

Actual exam question for ACFE's CFE-Investigation exam

Question #: 90
Topic #: 2

Smith, a Certified Fraud Examiner (CFE) for the Ajax Co.. observes Jones, an accounts payable clerk, driving an expensive sports car to work. Smith also has knowledge that Jones recently had extensive remodeling done on her residence. Smith has sufficient predication to:

AConduct discreet inquiries into Jones's responsibilities as an accounts payable clerk

BNotify management of the possibility that Jones has committed fraudulent acts.

CSearch Jones's mobile phone for evidence of misconduct

DAccuse Jones directly of having committed fraud.

Show Suggested Answer

Suggested Answer: D

by Elmer at Jul 01, 2024, 07:13 AM

Limited Time Offer

25%

Off

Get Premium CFE-Investigation Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Vinnie

20 days ago

Looks like Jones is living the dream, or maybe the nightmare. Either way, I'd pick option B and let the big boss handle this one. Fraud investigations can be a real headache.

upvoted 0 times

...

Shawn

21 days ago

Someone's got a lead foot and a green thumb! I'd go with option C and search that phone. You never know what kind of shady business might be hiding in there.

upvoted 0 times

...

Chantay

26 days ago

Hmm, I'd say option A is the way to go. Discreet inquiries could uncover more details before jumping to conclusions. Can't be too careful with these things.

upvoted 0 times

King

17 hours ago

I think notifying management is the best course of action in this situation.

upvoted 0 times

...

Truman

8 days ago

It's important to gather more information before making any accusations.

upvoted 0 times

...

Tomoko

12 days ago

I agree, conducting discreet inquiries is a good first step.

upvoted 0 times

...

2 months ago

Option B seems the most appropriate. As a CFE, Smith should report the suspicious activities to management and let them conduct a proper investigation.

upvoted 0 times

Carlton

13 days ago

That's a good point. It's important to handle these situations carefully.

upvoted 0 times

...

Vilma

28 days ago

B) Notify management of the possibility that Jones has committed fraudulent acts.

upvoted 0 times

...

Fabiola

1 months ago

A) Conduct discreet inquiries into Jones's responsibilities as an accounts payable clerk

upvoted 0 times

...