Question 1

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 2

Management at First Choice Inc. suspects that Nathan, its chief financial officer (CFO), has been embezzling funds. It hires Rein

a. a Certified Fraud Examiner (CFE), to investigate the matter When conducting the fraud examination. Reina should proceed as though;

Options :

A : After Nathan is terminated, the case will end

B : The case will end in litigation.

C : Nathan is guilty

D : The matter will be resolved completely internally.

Answer: B

Question 3

Which of the following is TRUE of a follow-up/recommendations section in a written fraud examination report?

Options :

A : A follow-up recommendations section is a required part of every written fraud examination report

B : A follow-up/recommendations section calculates the amount of fraud-related loss sustained by the organization

C : A follow-up/recommendations section should state remedial measures for the organization to undertake

D : All of the above

Answer: C

Question 4

Which of the following sets of numbers could a fraud examiner MOST LIKELY benefit from running a Benford's Law analysis on?

Options :

A : Telephone numbers

B : Vendor invoice amounts

C : Employee identification numbers

D : Bank account numbers

Answer: B

Question 5

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?

Options :

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.

Answer: C

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