Question 1

Tony, a fraud examiner, believes that vendors might be submitting multiple invoices for the same sales with the hope that they will be paid more than once. He wants to ensure that no two invoices in the system have the same number. Which of the Mowing data analysis functions would be most useful for this test?

Options :

A : Duplicate search

B : Benford-s Law analysis

C : Correlation analysis

D : Linear regression

Answer: A

Question 2

All of the following are true with regard to textual analytics EXCEPT:

Options :

A : When conducting textual analysis, the fraud examiner should come up with a list of fraud keywords to search for.

B : Textual analytics is used to reveal patterns, sentiments, and relationships indicative of fraud

C : The purpose of textual analytics is to search for and find an admission of fraud that can be presented in court

D : Textual analytics provides the ability to uncover warning signs of potentially fraudulent employee behavior

Answer: C

Question 3

When planning for the interview phase of an investigation, which of the following steps should NOT be taken by the fraud examiner?

Options :

A : Consider what the interview is intended to accomplish and state an objective.

B : Review the case file to ensure that important information has not been overlooked

C : Prepare a detailed list of questions to ask the subject during the interview.

D : Ensure that the interview is held in a venue where the subject will feel Uncomfortable

Answer: D

Question 4

Which of the following statements concerning access to nonpublic records is MOST ACCURATE?

Options :

A : Once a criminal case is filed, all records obtained by the government are considered public records

B : Nonpublic records cannot be obtained by subpoena or legal order in a civil action

C : In most junsdictions. banks are allowed to turn over a suspect-s account information directly to a fraud victim when there is adequate evidence of wrongdoing.

D : The government usually will not share nonpublic records with a fraud victim during an investigation into the underlying fraud.

Answer: D

Question 5

Which of the following statements about the process of obtaining a verbal confession is NOT true?

Options :

A : The transition from the accusation to the confession should occur when the accused supplies the first detailed information about the offense.

B : Fraudsters tend to overestimate the amount of funds involved in the offense to relieve themselves of the guilt of their dishonest actions.

C : If the subject lies about an aspect of the offense in the process of confessing, it is best to proceed initially as if the falsehood has been accepted as truth.

D : The three general approaches to obtaining a verbal confession are chronologically, by transaction, or by event.

Answer: D