Free CFE-Investigation Practice Test Questions 2026

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

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

Which of the following statements about how fraud examiners should approach fraud examinations is FALSE?

A. In most examinations, fraud examiners should start interviewing the least involved candidates and proceed toward those who are potentially more involved.

B. When conducting fraud examinations, fraud examiners should start with specific details and move toward more general information.

C. When conducting fraud examinations, fraud examiners should adhere to the fraud theory approach.

D. When conducting fraud examinations, fraud examiners should begin with general information that is known and then move to the more specific details.

Which of the following is the MOST ACCURATE statement about how fraud examiners shook! approach fraud examinations?

A. Fraud examinations should begin with general information that is known, starting at the periphery, and then move to the more specific details.

B. When conducting fraud examinations, fraud examiners should adhere to the meansand- ends approach

C. When conducting fraud examinations, fraud examiners should operate under the assumption that the subjects are guilty

D. In most examinations, fraud examiners should interview those who are more involved in the matters at issue before interviewing those who are less involved.

Which of the following is the MOST ACCURATE statement about trying to locate a subject using online records?

A. Most public records services do not maintain a list of past addresses

B. Obtaining a past address of the subject should be the first step in trying to locate a subject using online records

C. The first step in locating someone using online records is to obtain a list of past employers

D. Online records are generally not useful in locating subjects whose address is unknown

Which of the following is the MOST ACCURATE statement about the privacy of information shared through social media?

A. To access any user-posted information on social media sites, fraud examiners must obtain some type of legal order from the jurisdiction in which the user resides.

B. A fraud examiner cannot be held liable for violating a user's privacy rights if they hack or break into areas of a social networking site designated as private because all social media information is public.

C. The Privacy of Social Networks Treaty is a binding international treaty that makes it illegal for law enforcement to seek social media log-in credentials from users.

D. Hacking or breaking into information on social media sites that is restricted as private could result in liability for fraud examiners due to violation of users' privacy rights.

Tara. a Certified Fraud Examiner (CFE). is searching social media sites for evidence in a fraud investigation. Which of the following is the MOST ACCURATE statement regarding what Tara should do when mining social media sites for evidence of fraud?

A. Tara should preserve the information by saving the links of the postings as bookmarks in her browser.

B. Tara should preserve the metadata by printing out the web pages of each of the postings.

C. Tara should conduct a forensic shutdown of the computer to preserve the metadata m the social networking sites.

D. Tara should preserve the information from the sites so that it can be established as authentic if used in court.

Which of the following data analysis functions is used to determine whether company policies are met by employee transactions, such as verifying that traveling employees book their accommodations at approved hotels?

A. The correlation analysis function

B. The Join function

C. The gap testing function

D. The compliance verification function

Leslie, a fraud examiner for ACME Corporation, suspects that a salesperson for another company has defrauded ACME. Leslie wants to obtain a copy of the suspect individual's credit report and personal data from a third-party information broker If Leslie works in a jurisdiction that regulates the distribution of personal credit information, she generally can obtain the information if she has the consent of the individual.

A. True

B. False

A fraud examiner contacts a witness regarding an interview. If the respondent says. ‘I’m too busy." how should the fraud examiner react?

A. Explain that the respondent will be subject to discipline if they do not participate

B. Stress that the interview will be short.

C. Caution the witness that avoidance of the interview will be considered suspicious.

D. Inquire about a more convenient time

Which of the following statements is MOST ACCURATE regarding how a fraud examiner should prepare for an interview with a subject from a different jurisdiction?

A. Failing to observe cultural norms is not a concern if the interviewer is from a different country than the interviewee.

B. Consulting with legal counsel is only necessary when an investigation spans multiple

C. A fraud examiner should find out whether the interviewee can insist upon the presence of a legal representative

D. A fraud examiner does not need to research cultural considerations such as appropriate greetings and eye contact.

Which of the following statements concerning a well-written fraud examination report is MOST ACCURATE?

A. The report should convey all Information provided by witnesses

B. Only relevant facts that support the fraud allegation should be included in the report

C. The report writer should avoid technical jargon where possible

D. Signed copies of the fraud examiner's interview notes should be used to report interview details

Which of the following is usually considered the most useful source of financial information available to fraud examiners in tracing a subject's assets?

A. Financial institution records

B. Service bills

C. Paystubs

D. Credit card statements