We're so confident of our products that we provide no hassle product exchange.
ACFE CFE-Law Exam Overview:
| Certification Vendor: | Association of Certified Fraud Examiners (ACFE) |
| Exam Name: | CFE Exam - Law Section |
| Exam Number: | CFE-Law |
| Passing Score: | 75% |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 125 |
| Available Languages: | English |
| Certificate Validity Period: | 1 year eligibility window to complete all four exam sections (varies by ACFE policy) |
| Related Certifications: | Certified Fraud Examiner (CFE) |
| Exam Duration: | 150 minutes |
| Recommended Training: | ACFE Fraud Examination Training ACFE CFE Exam Prep Course |
| Exam Registration: | ACFE Certification Overview CFE Exam Application |
| Sample Questions: | ACFE CFE-Law Sample Questions |
| Exam Way: | Computer-based exam, available at authorized testing centers or remote proctored depending on ACFE policies |
| Pre Condition: | Candidates must meet ACFE eligibility requirements, including a combination of education and professional experience in fraud-related fields, and be approved for CFE candidacy. |
| Official Syllabus URL: | https://www.acfe.com |
ACFE CFE-Law Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Court Procedures and Testimony | - Trial procedures and testimony standards - Court structure and litigation process - Expert witness responsibilities |
| Rules of Evidence | - Admissibility of evidence - Chain of custody - Hearsay and exceptions |
| Legal Elements of Fraud | - Types of fraud schemes under law - Definition and elements of fraud |
| Legal Rights and Investigation Procedures | - Interview and interrogation legal considerations - Rights of suspects and subjects - Search and seizure principles |
| International Legal Considerations | - Cross-border fraud issues - Jurisdictional challenges |
| Civil Law | - Contract and damages principles - Civil liability in fraud cases - Torts and remedies |
| Criminal Law | - Criminal procedure fundamentals - Prosecution process and defenses - Criminal liability and intent |
ACFE Certified Fraud Examiner Sample Questions:
1. Cindi, a U.S. resident, is conducting an advance-fee fraud scheme. As part of the scheme, Cindi uses the U.S.
mail system to send advertisements to potential victims in China. If the U.S. government prosecutes Cindi, which of the following would most likely be the basis for the charges?
A) Wire fraud
B) Interstate fraud
C) Mail fraud
D) Communications fraud
2. Which of the following statements concerning civil trials in common law jurisdictions is MOST ACCURATE?
A) in most civil cases, the standard of proof is the preponderance of the evidence
B) Neither side may appeal an adverse judgment in a civil case
C) Jury verdicts m civil trials must always be unanimous
D) Civil jury trials must have the same number of jurors as in criminal jury trials.
3. The Financial Action Task Force (FATF) Recommendations advise countries to do all of the following EXCEPT:
A) Require financial institutions to keep certain records and establish anti-money laundering policies.
B) Enable authorities to trace freeze, and confiscate assets suspected in money laundering and terrorist financing
C) Use a risk-based approach when setting anti-money laundering policies
D) Require financial institutions to monitor their customers ' political affiliations.
4. During a bankruptcy bustout scheme, or planned bankruptcy, the debtor committing the fraud typically performs which of the following actions?
A) Bribes a trustee to overlook assets in the debtor ' s possession
B) Colludes with creditors and the trustee to pay some creditors but not ethers
C) Purchases large quantities of goods on credit
D) Conspires with suppliers to produce fraudulent invoices
5. Which of the following is the MOST ACCURATE statement about serf-regulatory organizations (SROs) in the securities industry?
A) An SRO generally has sole regulatory authority over the securities industry in the jurisdiction in which it operates
B) In most jurisdictions. SROs are prohibited from participating in the resolution of disputes related to securities transactions
C) An SRO is a governmental entity that exercises regulatory authority over the securities industry in its jurisdiction
D) In some jurisdictions SROs establish the standards and rules under which members of the securities industry operate
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
By Gemma
