CFS Investigation Techniques & Ethics

Question 1

What is the first step in conducting a fraud investigation?

Accepted Answer

Collect and preserve relevant evidence.

Answer

Interview the suspect immediately.

Answer

Notify the media.

Answer

Terminate the employee.

Question 2

Which of the following best describes the ethical principle of confidentiality in investigations?

Accepted Answer

Protecting sensitive information and limiting disclosure.

Answer

Sharing information freely with all employees.

Answer

Posting investigation details on social media.

Answer

Ignoring privacy concerns.

Question 3

What is the importance of maintaining chain of custody in a fraud investigation?

Accepted Answer

To ensure evidence is preserved and admissible in court.

Answer

To make the investigation faster.

Answer

To allow evidence to be shared publicly.

Answer

To discard irrelevant documents.

Question 4

Which interviewing technique helps reduce false confessions during fraud investigations?

Accepted Answer

Asking open-ended questions.

Answer

Using aggressive questioning.

Answer

Interrupting frequently.

Answer

Threatening legal action.

Question 5

What ethical issue arises from conflicts of interest in investigations?

Accepted Answer

Potential bias and compromised integrity.

Answer

Improved transparency.

Answer

Faster resolution.

Answer

Better cooperation.

Question 6

Which tool is most effective for digital forensic investigations?

Accepted Answer

Digital forensic software tools.

Answer

General office software.

Answer

Social media apps.

Answer

Text editors.

Question 7

Why is maintaining investigator impartiality critical?

Accepted Answer

To ensure fair and objective findings.

Answer

To speed up investigations.

Answer

To win legal battles.

Answer

To avoid gathering evidence.

Question 8

What is the ethical consideration when reporting investigation findings?

Accepted Answer

Presenting facts objectively and honestly.

Answer

Altering facts to protect the company.

Answer

Ignoring contradictory evidence.

Answer

Delaying reports indefinitely.

Question 9

Which of the following is essential to preserve during a fraud investigation?

Accepted Answer

Preserving the rights and dignity of individuals involved.

Answer

Ignoring privacy concerns.

Answer

Publicly naming suspects early.

Answer

Disregarding evidence confidentiality.