CFE-LAW Online Practice Questions and Answers

Which of the following would be direct evidence that the criminal defendant, a former cashier for a home improvement store, committed a cash larceny scheme that resulted in the theft of more than $5,000 from the store?

A. A witness testifies that they saw the defendant take the money.

B. A diagram is used to display the location of the store's registers.

C. A witness testifies that the defendant was almost always the last cashier to leave the store.

D. A coworker testifies that the defendant was acting nervously the day the money was taken.

One of the purposes of securities regulation is to maintain market confidence.

A. True

B. False

Which of the following statements concerning digital currencies, such as bitcoin, is MOST ACCURATE?

A. Digital currencies are attractive to money launderers because they are a payment method that provides complete anonymity.

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 not typically used to launder money due to strict customer identification or recordkeeping requirements enforced in all jurisdictions.

D. Digital currencies are subject to all of the same regulations as payments made through traditional financial institutions.

The government filed a civil 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?

A. Preservation order

B. Litigation hold

C. Prejudgment attachment

D. Declaratory relief

A custodial arrest occurs when a law enforcement officer informs the suspect of their rights as a criminal defendant.

A. True

B. False

Which of the following statements about the appeals process in criminal cases is MOST ACCURATE?

A. Appellate courts will usually reverse a conviction even if the trial court's error did not affect the outcome of the case.

B. In civil law jurisdictions, appellate courts are generally not permitted to make their own legal conclusions when reviewing a case.

C. Appellate courts will usually hear an appeal even if the petition was not filed in a timely manner.

D. In common law jurisdictions, appellate courts are generally not permitted to make their own factual

determinations when reviewing a case.

Evidence that tends to make some fact at issue more or less likely than it would be without the evidence is called:

A. Testamentary evidence

B. Circumstantial evidence

C. Demonstrative evidence

D. Relevant evidence

The __________ requires that an employee act solely in the best interest of their employer, free of any self-dealing, conflicts of interest, or other abuse that results in a personal advantage.

A. Duty of responsibility

B. Duty of care

C. Duty of employee trust

D. Duty of loyalty

In most countries, employers must provide notice to their employees before they implement an employee monitoring program.

A. True

B. False

Which of the following statements is MOST ACCURATE regarding cross-examination of witnesses in adversarial systems?

A. If an expert witness's opinion is at risk of being distorted during cross-examination, the expert should avoid answering the question.

B. The general rule is for opposing counsel to cross-examine all witnesses to ensure that important details are not missed by the fact finder.

C. If opposing counsel asks an overly complex question during cross-examination, witnesses should ask for the question to be rephrased.

D. The primary purpose of cross-examination is for opposing counsel to discover information previously unknown to opposing counsel.

Which of the following is NOT an element that must be proven to establish a perjury offense?

A. The defendant made a false statement that was material.

B. The defendant made a false statement in a court of law.

C. The defendant made a false statement while under oath.

D. The defendant made the statement with knowledge of its falsity.

Which of the following statements concerning alternative remittance systems is INCORRECT?

A. Funds are sent and received without the use of traditional financial institutions.

B. The systems are not necessarily illegal.

C. The ledgers used typically contain information regarding payers and payees, such as names and account numbers.

D. The systems are characterized by a lack of physical or digital transfer of currency between payers and payees.

The MAIN purpose for maintaining the chain of custody on an item of evidence is to:

A. Prevent opposing parties from accessing evidence without a court order.

B. Verify that the item of evidence has only been handled by court officials prior to its production in court.

C. Eliminate the need to authenticate the item of evidence in court.

D. Establish that the evidence has not been altered or changed from the time it was collected through its production in court.

Jackson believes he has a legal cause of action against Alice, who lives in a foreign country. The fact that Jackson is the plaintiff allows him to bring the lawsuit against Alice in any court in the country where he lives.

A. True

B. False

Ellis 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?

A. The administrator has no power to obtain the information under any circumstances.

B. The administrator may not obtain the information unless the business agrees in writing.

C. The administrator may only seek information regarding the business that filed bankruptcy if Ellis consents to providing it.

D. The administrator may compel Ellis to provide the information, despite Ellis's relationship to the business.