Free CFE-Investigation Practice Test Questions 2026

Which of the following situations would MOST LIKELY require access to nonpublic records to develop evidence?

A. Finding out where a person lives

B. Reviewing an individual's personal mobile phone records

C. Obtaining a company's business filings

D. Determining who owns a piece of real estate

Which of the following is a best practice for obtaining a signed statement?

A. Make sure that everything is included in the signed statement and that no addendum are made

B. Have the suspect write out the entire statement in their own handwriting

C. Have two individuals witness the signing of the document when possible.

D. Include all of the subject's offenses, whether related or not, in a angle document.

Sarah is conducting an admission-seeking interview of a suspect. Throughout the interview, the suspect makes little eye contact with Sarah. Based on this information atone, can Sarah conclude that the suspect is being deceptive?

A. Yes, because it is safe to assume that suspects who avoid eye contact are most likely being deceptive.

B. Yes, because avoiding eye contact is a sign of deceptive.

C. No, because this is not enough information to conclude that the suspect is being deceptive

D. No, because avoiding eye contact is not directly linked to deception.

Fraud examination reports should be written with which of the following audiences in mind?

A. The media

B. Opposing legal counsel

C. Investors and owners

D. All of the above

Due to risks of illicit transactions, most jurisdictions require financial institutions to obtain information about which of the following from an institution with which they have a foreign correspondent relationship?

A. The institution's ownership details

B. The institution's investment portfolio

C. The institution's client loan profiles

D. The institution's tax statements

Marilyn, a Certified Fraud Examiner (CFE). is reasonably sure that Shelly, her primary suspect, committed the fraud in question Before scheduling an admission-seeking interview with Shelly. Marilyn should be reasonably sure of all of the following EXCEPT:

A. That all reasonable investigative steps have been taken

B. That the interview's time and location can be controlled

C. That no other person was involved in the fraud in question

D. That the interview's subject matter can be controlled

When documenting interviews, it is BEST practice for the interviewer to:

A. Document notes for each interview separately, nduding those for electronic recordings.

B. Write down verbatim all of (he information that the subject provides during the interview

C. Err on the side of taking too many notes rather than too few.

D. Note impressions regarding the subject's guilt or innocence.

Barnes, a Certified Fraud Examiner (CFE). is using data analysis to identify anomalies that might indicate fraud in XYZ Company's accounts payable transactions. Which of the following is the MOST EFFECTIVE data analysis function that Barnes could use to look for potential fraud in accounts payable?

A. Compare book and tax depreciation and indicate variances

B. Identify paycheck amounts over a certain limit

C. Review recurring monthly expenses and compare to posted/paid invoices

D. All of the above

Which of the following is the MOST ACCURATE statement regarding the analysis phase in digital forensic investigations?

A. When analyzing data for evidence, fraud examiners should look for exculpatory evidence But not inculpatory evidence

B. During the analysis phase, it is best to use just one forensic tool for identifying, extracting, and collecting digital evidence

C. The primary concern when analyzing digital evidence is to maintain the integrity of the data at all times

D. The analysis phase of digital forensic investigations should not commence unless it is venfied that the suspect devices do not contain relevant data

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:

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

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

C. Search Jones's mobile phone for evidence of misconduct

D. Accuse Jones directly of having committed fraud.

Which of the following is NOT true about observing the reactions of interview subjects?

A. The interpretation of an interview subject's reactions requires specific skills on the part of the interviewer.

B. The observation of a subjects body language is often just as important as the observation of the words used by the subject.

C. Emotive words should be used early in the interview to observe the respondents emotional reaction.

D. To effectively observe reactions, an interviewer should move from less sensitive to more sensitive questions as the interview progresses.

Which of the following is NOT one of the main limitations of conducting a search for public records using online databases?

A. Online records companies are difficult to find.

B. Fraud examiners must validate the accuracy of the records obtained online

C. The online record might only be a brief abstract of the original.

D. Fraud examiners often must search for public records in multiple jurisdictions.