This page was exported from IT certification exam materials [ http://blog.dumpleader.com ] Export date:Fri Jan 31 10:47:13 2025 / +0000 GMT ___________________________________________________ Title: [Q58-Q80] Verified CFE-Law dumps Q&As - Pass Guarantee or Full Refund [Jan-2024] --------------------------------------------------- Verified CFE-Law dumps Q&As - Pass Guarantee or Full Refund [Jan-2024] CFE-Law PDF Dumps | Jan 18, 2024 Recently Updated Questions  QUESTION 58Which of the following is the MOST ACCURATE statement about serf-regulatory organizations (SROs) in the securities industry?  An SRO generally has sole regulatory authority over the securities industry in the jurisdiction in which it operates  In most jurisdictions. SROs are prohibited from participating in the resolution of disputes related to securities transactions  An SRO is a governmental entity that exercises regulatory authority over the securities industry in its jurisdiction  In some jurisdictions SROs establish the standards and rules under which members of the securities industry operate QUESTION 59Which of the following statements regarding the qualifications of expert witnesses in most inquisitorial jurisdictions is CORRECT?  Certification in a specific field is always enough to qualify an expert  An excerpt is not qualified to testify unless all parties to the litigation approve  Experts are generally prohibited from serving as expert witnesses in multiple cases  The qualification of an expert is generally based on standardized requirements QUESTION 60Ellis works for a business that filed for bankruptcy. The administrator presiding over the bankruptcy contacts Ellis and requests information regarding his employer’s financial affairs Assuming the administrator has all of the powers recommended in the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles) which of the following is TRUE?  The administrator may only seek information regarding the bus ness that filed bankruptcy if Ellis consents to providing it.  The administrator has no power to obtain the information under any circumstances  The administrator may compel Ellis to provide the information despite Ellis’s relationship to the business  The administrator may not obtain the information unless the business agrees in writing QUESTION 61Smith, a Certified Fraud Examiner (CFE). works for the ABC Company, a private entity that operates w a jurisdiction with civil laws for defamation, invasion of privacy. and conflict of interest Smith seizes and searches the personal smartphone of Green an employee of ABC even though Green was not suspected of any wrongdong Assuming that Green had a reasonable expectation of privacy in the smartphone and Smith conducted the search without a legitmate interest or authority, under which of the following claims would Green MOST LIKELY be able to recover damages against Smith?  Slander  Intrusion into Green’s private matters  Public disclosure of private facts  Conflict of interest QUESTION 62Each day, Rachel purchases $14 500 in bearer instruments with cash from a bank where all currency transactions above 515,000 must be reported to the government Rachets actions are a red flag of which of the following schemes’?  Channel stuffing  Alternative remittance system  Structuring  Real estate laundering QUESTION 63A 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?  Reorganization bankruptcy  Debt adjustment bankruptcy  Debt dismissal bankruptcy  Liquidation bankruptcy QUESTION 64Which of the following statements concerning front businesses as a method of laundering money is the LEAST ACCURATE?  A red flag of a front business is the observation of a large number of customers during peak operating hours  Front businesses provide cover for delivery and transportation related to illegal activity  From criminals’ perspective a disadvantage to front businesses is that they generally must pay taxes on the illicit income  Front businesses benefit launderers by providing a safe place to manage criminal activities QUESTION 65Which of the following typically does NOT have to be present for communications between an attorney and the attorney’s client to be protected by a legal professional privilege?  Purpose of the communications was to seek or provide legal advice  A lawsuit has been filed  Intent to keep the communications confidential  Communication between a legal advisor and a client QUESTION 66Which of the following, if available, would help an organization recover losses from an instance of internal fraud?  Privilege insurance  Customer liability policy  Fidelity insurance  Deposition QUESTION 67The same customer comes into a casino each day and deposits a large amount of cash into an account but after very little gambling the customer withdraws the funds The casino employees suspect that the customer may be engaged in money laundering activity Assuming that the anti-money laundering (AML) regulations that govern the casino’s activities correspond to the Financial Action Task Force (FATF) Recommendations the casino:  May, but is not required to file a report of suspicious transactions related to possible money laundering with appropriate authorities  May not file a report of suspicious transactions related to potential criminal activity with appropriate authorities  Is required to file a report of suspicious transactions with appropriate authorities because the employees suspect money laundering violations  Is required to file a cash transaction report for possible criminal activity with appropriate authorities because cash was involved QUESTION 68In most countries employers must provide notice to their employees before they implement an employee monitoring program  True  False QUESTION 69Which of the following is NOT an element that must be proven to establish a penury offense?  The defendant made a false statement that was material  The defendant made a false statement white under oath.  The defendant made the statement with knowledge of its falsity  The defendant made a false statement in a court of law. QUESTION 70Which of the following scenarios is an example of the criminal sanction known as criminal forfeiture?  As part of his sentence for embezzlement, a defendant is ordered to pay back his employer for the money he stole.  As part of her sentence for bribery a defendant is ordered to transfer a car she received as a bribe to the government  As part of her sentence for money laundering a defendant is sentenced to a three- to five-year term of incarceration  As part of his sentence for tax evasion, a Defendant is ordered to pay a fine of $10,000 to the government QUESTION 71Which of the following is one of the three basic options by which organizations can legitimize cross-border transfers of personal information?  Use a third-party transferring service  Obtain approval from a Certified Information Privacy Professional (C PP)  Establish a contract between the entities exchanging the information  Obtain a warrant granting permission to transfer the data QUESTION 72Which of the following statements concerning examinations of expert witnesses in most inquisitorial jurisdictions is accurate?  The expert has the discretion to determine the scope of the examinations  The judge is not allowed to question the expert’s credibility under any circumstance  The parties determine the extent of consideration to be given to the expert’s testimony  The parties are often allowed to question the expert’s methods and analysis QUESTION 73In common law jurisdictions failing to suspend routine destruction of electronic data can result in sanctions for failure to preserve relevant evidence  True  False QUESTION 74Which of the following is a legal element that the government must show to prove a cnminal conspiracy?  One of the conspirators knowingly committed an oven act in furtherance of the conspiracy  The conspirators accomplished the purpose of the conspiracy that was initially established  The defendant knew all the details or objectives of the conspiracy  The defendant knew the identity of all the participants in the conspiracy QUESTION 75Allison 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?  Allison cannot be fired for misappropriating funds from her employer  Allison cannot be fired for any reason  Alison cannot be fired for informing the government of her employee’s fraud  None of the above QUESTION 76Which of the following statements regarding civil lawsuits in most jurisdictions is CORRECT?  The plaintiffs initial filing does not typically need to contain a summary of the evidence  Civil lawsuits begin with the filing of a pleading, usually in the jurisdiction in which the defendant resides or where the claim arose  The plaintiff’s initial filing with the court does not typically need to include the specific facts on which the claim relies.  All of the above are correct QUESTION 77The government filed a avil action against a politician for accepting real estate as a bribe. There is a possibility that the politician could transfer the real estate to a third party before the court enters a final judgment Which type of order should the government seek from the court to prevent the politician from transferring the real estate?  Preservation order  Declaratory relief  Prejudgment attachment  Litigation hold QUESTION 78Which of the following is NOT required for a contract transaction or scheme to be classified as an investment contract?  The expectation of making a profit  Profits derived solely from the investor’s management activity  investment m a common enterprise  An investment of money or other asset QUESTION 79Which of the following is an example of a trade-based money laundering scheme?  An importer and an exporter conspire to conceal illicit funds by creating invoices that understate the quantity of goods shipped internationally  An accountant overstates a restaurants revenues to hide illegal funds that are secretly laundered through the business  A drug cartel outside of the United States launders illicit funds by hiring runners to deposit small amounts of money in bank accounts throughout the United States  A businessperson deposits illicit funds into the bank account of a company they secretly own which then lends the funds back to them QUESTION 80Which 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?  The government relied on the false statement  The defendant knew the statement was false  The defendant made a false statement  The false statement was material  Loading … CFE-Law Exam Questions – Valid CFE-Law Dumps Pdf: https://www.dumpleader.com/CFE-Law_exam.html --------------------------------------------------- Images: https://blog.dumpleader.com/wp-content/plugins/watu/loading.gif https://blog.dumpleader.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-01-18 12:01:33 Post date GMT: 2024-01-18 12:01:33 Post modified date: 2024-01-18 12:01:33 Post modified date GMT: 2024-01-18 12:01:33