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| Section | Weight | Objectives |
|---|---|---|
| Fraud Investigations and Legal Issues | 25% | - Fraud Investigations
|
1. Which of the following is a measure that can help avoid alerting suspected perpetrators who are under investigation?
A) Delay taking any action.
B) Notify everyone in the affected department
C) Terminate the suspected employee.
D) Inform only those who need to know.
2. Beau is an investigator at a private company in a jurisdiction in which the public has the legal right to be free from unreasonable search and seizure by government authorities. Beau receives credible information that an employee has been stealing property from the company and selling the items on an online marketplace. Beau wants to search the employee's workstation for evidence. How should Beau proceed with the investigation?
A) Beau should request that a law enforcement agent join him in conducting the search so a search warrant is not needed.
B) Beau should bring in an unassociated third party from outside the company to conduct the search to ensure fairness.
C) Beau must obtain a search warrant before conducting the investigation.
D) Beau may proceed with the investigation without obtaining a search warrant.
3. Which of the following statements concerning the appointment of expert witnesses at that is accurate?
A) Generally, only the parties may select experts to introduce testimony in adversarial jurisdictions
B) Generally the court selects the primary expert witnesses in adversarial jurisdictions
C) Generally, only the parties may select expert witnesses in inquisitor jurisdictions
D) Generally, the court appoints the primary expert witnesses in inquisitorial jurisdictions.
4. One of the purposes of securities regulation is to maintain market confidence.
A) False
B) True
5. Which of the following statements concerning judgments involving parties that are in multiple jurisdictions is MOST ACCURATE?
A) A judgment in a foreign jurisdiction can be enforceable in a domestic jurisdiction if it involves criminal matters but not civil matters.
B) A judgment in a domestic jurisdiction can be used to recover a defendant's assets in a foreign jurisdiction, regardless of the foreign jurisdiction.
C) A judgment in a domestic jurisdiction can be enforced in a foreign jurisdiction only with the consent of both parties and the judge.
D) A judgment in one jurisdiction is enforceable against assets in another country if the foreign jurisdiction has laws or agreements that recognize foreign judgments.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: D |
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