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 CFE-Law Dumps with Practice Exam Questions Answers

Questions: 103 Questions and Answers

Last Update: Apr 1, 2025

ACFE Certification Exam CFE-Law has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

CFE-Law Questions and Answers

Question # 1

A business files for bankruptcy with the goal of obtaining relief from creditors so that it can rearrange its financial affairs and continue as a going concern. Which of the following describes this type of bankruptcy proceeding?

A.

Reorganization bankruptcy

B.

Debt adjustment bankruptcy

C.

Debt dismissal bankruptcy

D.

Liquidation bankruptcy

Question # 2

Which of the following is generally NOT one of the goals of deferred prosecution agreements?

A.

To postpone prosecution until a company conducts an extensive internal investigation

B.

To get an organization to reform its policies

C.

To allow prosecutors to resolve a case while still punishing malfeasance

D.

To reduce the risk of illegal practices at an organization

Question # 3

During a trial in an adversarial system an attorney calls an expert witness to the stand and asks "Could you please describe the procedures you performed in your examination?'' Based on this question, which type of testimony is MOST LIKELY being presented'?

A.

Impeachment

B.

Direct exam Ml mi

C.

Cross-examination

D.

Request for admission

Question # 4

Company A sued Company B to recover damages tor the breach of a contract. In the same proceeding Company B sought damages for an allegation that Company A fraudulently induced Company B into entering the contract In this case what would Company B's claim against Company A be called?

A.

Cross-claim

B.

Collateral attack

C.

Reversal

D.

Counterclaim

Question # 5

Which of the following statements concerning the appointment of expert witnesses at that is accurate?

A.

Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.

B.

Generally, only the parties may select expert witnesses in inquisitional jurisdictions.

C.

Generally the court selects the primary expert witnesses in adversarial jurisdictions.

D.

Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions

CFE-Law Exam Last Week Results!

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ACFE CFE-Law Practice Exam FAQs

1. What is the ACFE CFE-Law Exam?


The ACFE Certified Fraud Examiner - Law (CFE-Law) Exam validates the legal knowledge and skills required to detect, investigate, and prevent fraud.

2. What topics are covered in the ACFE CFE-Law Exam?


The ACFE CFE-Law Exam covers a comprehensive range of topics, including legal concepts in fraud examination, evidence collection and preservation, interviewing and interrogation techniques, understanding legal documentation, courtroom procedures, and ethical considerations in fraud cases.

3. How many questions are on the CFE-Law Exam?


The CFE-Law exam consists of 150 multiple-choice questions.

4. How long is the CFE-Law Exam?


Candidates have 4 hours to complete the CFE-Law exam.

5. What is the eligibility criteria for the CFE-Law Exam?


Candidates must have a bachelor's degree, two years of professional experience in a related field, and pass a background check.

6. What is the difference between ACFE CFE-Law and CFE-Investigation Exams?


The ACFE Certified Fraud Examiner - Law (CFE-Law) and Certified Fraud Examiner - Investigation (CFE-Investigation) exams focus on different aspects of fraud examination:

  • CFE-Law: The CFE-Law Exam focuses on the legal aspects of fraud examination, including statutes, common law principles, and the legal ramifications of conducting fraud examinations. It tests your knowledge of the legal elements involved in prosecuting fraudsters and understanding the legal environment related to fraud.
  • CFE-Investigation: The CFE-Investigation Exam focuses on the practical tools and techniques necessary for conducting fraud investigations. It covers areas such as gathering information and evidence, identifying perpetrators, and understanding the methods used to conduct fraud examinations.

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