Free Certified Fraud Examiner (CFE) – Law Exam CFE-Law Exam Practice Test

Claude stole a large amount of cash from his employer and then deposited the funds into a domestic bank account Next, he wired the illicit funds to a foreign bank account and engaged m several other transactions using foreign accounts to make them difficult to trace Finally, he transferred the funds back to a domestic account and then spent the money. Which of the following actions was the layering stage of Claude's money laundering scheme?

• When he first deposited the funds into a domestic account
• When he first stole the cash from his employer
• When he moved the funds through several transactions using foreign accounts
• When he spent the money

Which of the following statements concerning judgments involving parties in multiple jurisdictions is MOST ACCURATE?

• Whether a foreign judgment is enforceable always depends on where the defendant's assets are located
• If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment in any jurisdiction
• If a party obtains a judgment in one jurisdiction, that party will automatically be able to enforce the judgment wherever the defendant resides
• Whether a foreign judgment is enforceable might depend on whether the two jurisdiction have an enforcement treaty

All of the following are common legal defenses for tax evasion EXCEPT:

• Mental illness of the taxpayer
• Death of the taxpayer
• The taxpayer s reliance on an attorney or accountant
• The actions were tax avoidance not tax evasion

Smith, 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

Which of the following is a legal element that must be shown to prove a claim for commercial bribery?

• The defendant acted negligently.
• The defendant gave or received a thing of value.
• The principal suffered damages as a result of the bribe
• The defendant failed to exercise due care.