Pass ACFE CFE-Law Exam With Practice Test Questions Dumps Bundle
2023 Valid CFE-Law test answers & ACFE Exam PDF
ACFE CFE-Law certification exam is a challenging and prestigious credential for professionals seeking to enhance their knowledge and skills in the field of fraud examination. Passing CFE-Law exam demonstrates a commitment to ethical and professional standards in the prevention, detection, and deterrence of fraud.
NEW QUESTION # 35
Which of the following is the MOST ACCURATE statement about the litigation privilege in common law jurisdictions?
- A. The litigation privilege applies only while a trial is underway
- B. The primary purpose of the litigation privilege is to protect confidential communications between a client and the client's legal representative
- C. The litigation privilege applies only to documents and materials prepared in anticipation of litigation
- D. The litigation privilege only protects documents and materials prepared by an attorney
Answer: B
NEW QUESTION # 36
Which of the following is TRUE in regard to authenticating evidence in most common law systems?
- A. Exhibits that cannot be authenticated will not be admitted regardless of relevance
- B. For evidence to be authenticated it must be reviewed and voted on by a jury
- C. The purpose of authentication is to ensure that hearsay is not admitted into evidence
- D. Digital records cannot be authenticated by testimony from a witness with personal knowledge
Answer: C
NEW QUESTION # 37
Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?
- A. Digital currencies are not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions
- B. Digital currencies are attractive to money launderers because payments often cross jurisdictional boundaries, making it difficult for authorities to pursue enforcement
- C. Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions
- D. Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity
Answer: B
NEW QUESTION # 38
Under the World Bank Principles for Effective Insolvency and Credit/Debtor Regimes (World Bank Principles), which of the following parties should administer the debtor's estate in liquidation bankruptcy proceedings?
- A. An independent insolvency representative
- B. The debtor, supervised by an independent insolvency representative
- C. The jurisdiction's commerce department or equivalent agency
- D. The creditor with the largest claim against the debtor
Answer: A
NEW QUESTION # 39
Under the best practices listed in the Financial Action Task Force (FATF) Recommendations concerning large cash transactions with customers which of the following transactions would require a report to be Wed with the government?
- A. A lump-sum cash deposit to a bank above the jurisdiction's designated threshold
- B. A cash payment to a restaurant supplier for restaurant supplies above the jurisdiction's designated threshold
- C. An international purchase of a small boat with a lump-sum cash payment below the jurisdiction's designated threshold
- D. A domestic credit card purchase of a piece of jewelry above the jurisdiction's designated threshold
Answer: A
NEW QUESTION # 40
Which of the following is NOT a requirement of the European Union's (EU) General Data Protection Regulation (GDPR)?
- A. An organization must delete a data subject's personal data automatically when the data are no longer m use.
- B. An organization must have a documented lawful basis for collecting or processing personal data.
- C. An organization must confirm or deny that it possesses a data subject's personal data upon that individual's request
- D. An organization generally must notify all affected data subjects without undue delay when a high-risk data breach occurs
Answer: B
NEW QUESTION # 41
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. Reversal
- B. Counterclaim
- C. Cross-claim
- D. Collateral attack
Answer: B
NEW QUESTION # 42
In most civil law systems, which of the following parties typically serves as the fact finder in criminal proceedings?
- A. A panel comprised of laypersons
- B. A panel of court-appointed attorneys
- C. judge
- D. A jury
Answer: C
NEW QUESTION # 43
In most civil law jurisdictions which of the following BEST describes when a party is required to begin taking steps to preserve and produce relevant evidence?
- A. When the party receives a service of process
- B. When the court orders such steps to be taken
- C. When litigation has started
- D. When the charging documents are filed
Answer: C
NEW QUESTION # 44
Which of the following is a legal element that the government must show to prove a cnminal conspiracy?
- A. One of the conspirators knowingly committed an oven act in furtherance of the conspiracy
- B. The conspirators accomplished the purpose of the conspiracy that was initially established
- C. The defendant knew all the details or objectives of the conspiracy
- D. The defendant knew the identity of all the participants in the conspiracy
Answer: C
NEW QUESTION # 45
Which of the following is NOT one of the elements that the government must prove to establish a violation of a law criminalizing false statements to government agencies?
- A. The defendant knew the statement was false
- B. The government relied on the false statement
- C. The defendant made a false statement
- D. The false statement was material
Answer: B
NEW QUESTION # 46
Which of the following is one of the three basic options by which organizations can legitimize cross-border transfers of personal information?
- A. Use a third-party transferring service
- B. Obtain a warrant granting permission to transfer the data
- C. Obtain approval from a Certified Information Privacy Professional (C PP)
- D. Establish a contract between the entities exchanging the information
Answer: D
NEW QUESTION # 47
Cory has been charged with lax evasion for filing a false tax return. As a defense, Cory claims that he made an honest mistake due to the tax law's complexity, and he did not intentionally submit an incorrect tax return If the court finds that his mistake was in good faith the most likely will NOT be found to have "willfully'" engaged m fraudulent actions to avoid reporting or paying his taxes.
- A. False
- B. True
Answer: B
NEW QUESTION # 48
Ethan a U S resident, is running a Ponzi scheme As part of the scheme, he uses the U S mail system to send promotional materials to potential victims in France If the US government decides to prosecute Ethan, which of the following would provide the MOST LIKELY basis for the charges?
- A. Mail fraud
- B. Communications fraud
- C. Insider trading fraud
- D. Wire fraud
Answer: A
NEW QUESTION # 49
The Financial Action Task Force (FATF) Recommendations slate that a financial institution s customer due diligence (COD) procedures should include continued monitoring of a customer's business relationships and transactions.
- A. False
- B. True
Answer: B
NEW QUESTION # 50
Allison works for a government contractor She informs the government that her employer has been submitting false claims to the government for payment Later it is discovered that Allison has misappropriated more than
$50,000 of her employer's money Alison qualifies as a whistleblower entitled to anti-retaliation protection under the law because of her report to the government Which of the following statements about Allison is CORRECT?
- A. Allison cannot be fired for any reason
- B. Allison cannot be fired for misappropriating funds from her employer
- C. None of the above
- D. Alison cannot be fired for informing the government of her employee's fraud
Answer: D
NEW QUESTION # 51
......
To be eligible for the CFE-Law certification exam, candidates must have a bachelor's degree and two years of professional experience in fraud-related fields, or a master's degree and one year of experience. They must also be members of the ACFE in good standing and adhere to its code of ethics.
Top ACFE CFE-Law Courses Online: https://www.crampdf.com/CFE-Law-exam-prep-dumps.html
Free ACFE CFE-Law Exam Questions and Answer from Training Expert CramPDF: https://drive.google.com/open?id=1aLeyc6rYgUIdN8O1alJ6hWHrmRNxnf8K