ACFE CFE-Law : Certified Fraud Examiner

  • Exam Code: CFE-Law
  • Exam Name: Certified Fraud Examiner
  • Updated: Oct 01, 2026     Q & A: 220 Questions and Answers

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ACFE CFE-Law Exam Syllabus Topics:

SectionWeightObjectives
Evidence and Legal Procedure20%- Principles of evidence
- Admissibility and exceptions (e.g., business records)
- Collection and preservation of evidence
Rights of Individuals During Investigation15%- Attorney-client privilege and work product doctrine
- Rights of employees and suspects
- Constitutional protections
Legal Systems and Framework20%- Overview of legal systems
- Civil vs. criminal law
- Administrative and regulatory law
Litigation, Testimony and Enforcement20%- Testimony and expert witness standards
- Criminal prosecution process
- Civil actions and remedies
Fraud-Related Laws and Offenses25%- Elements of fraud
- Money laundering and related offenses
- Anti-corruption laws (e.g., FCPA)
- Bankruptcy, securities, and tax fraud

ACFE Certified Fraud Examiner Sample Questions:

Question #1

Which of the following statements regarding the qualifications of expert witnesses in most inquisitorial jurisdictions is CORRECT?

  • A. The qualification of an expert is generally based on standardized requirements
  • B. Certification in a specific field is always enough to qualify an expert
  • C. Experts are generally prohibited from serving as expert witnesses in multiple cases
  • D. An excerpt is not qualified to testify unless all parties to the litigation approve
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Amanda 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 Amanda misappropriated more than $150,000 of her employer's money. Amanda 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 Amanda is correct?

  • A. The employer can terminate Amanda for making the report to the government.
  • B. The employer can terminate Amanda for misappropriating funds.
  • C. The employer cannot terminate Amanda for any reason.
  • D. None of the above.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

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

  • A. Generally the court selects the primary expert witnesses in adversarial jurisdictions
  • B. Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.
  • C. Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions
  • D. Generally, only the parties may select expert witnesses in inquisitor jurisdictions
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

Freya, a government contractor, has been convicted of colluding with other contractors to manipulate the competitive bidding process. After her conviction, Freya's name is added to a list of individuals who are prohibited from bidding on government contracts for a period of five years. The administrative penalty that Freya received is BEST described as:

  • A. Debarment
  • B. License suspension
  • C. License revocation
  • D. Disenfranchisement
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?

  • A. " Was the misrepresentation made by an authorized individual? "
  • B. ' ' Did the person who made the representation intend to mislead potential investors?
  • C. " Would a reasonable investor wish to know the information to make an informed decision? "
  • D. " Did the person who made the representation believe that it was suitable for potential investors? "
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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