TheCFEas an ExpertWitness

Review Questions

Lesson1:RolesofCFEs inLitigation

1. Dana is retained bylegalcounsel toprovideexpertaccountingadviceduringpreparationfor litigation. If thisistheonlytask thatDana performs, whichof thefollowingbestdescribesherrole? A.Factwitness

B. Testifyingexpert

C. Consultingexpert

D. Court-appointedexpert

Lesson2:LegalStandardsforExpertTestimony

2. Each ofthefollowingchoicesis astandardfor evaluatingtheadmissibilityofscientific evidence undertheDauberttestEXCEPT:

A. Thetestabilityof themethods usedtoobtaintheevidence

B. Whetherthemethods usedtoobtainthe evidencehavebeen subjectedtopeerreview

C. Thepotential forerror inthemethodsused toobtaintheevidence

D. Whethertheexpertwaspaidtoprovidetheevidence

Lesson3:QualificationsofExpertWitnesses

3. Which ofthefollowing statementsmostaccuratelydescribeswhatis required forawitnesstobe deemed an expertbythecourtinafraudcase?

A. TheCFEcredentialis sufficient toqualifya person.

B. A degreeinaccountingis sufficient toqualifyaperson.

C. At leasttwoyears ofexperienceinforensicaccounting is sufficient toqualifyaperson. D.No onefactorisusedtodeterminewhethera personis qualified.

Lesson5: SubjectMatterof TestimonyinFraudCases

4. Mark andCarolpurchasedreal estatefromXYZ Holdings, wheretheyintended toconstructa residential home. However, theydiscovered thatthe landhas material defects thatwerenot disclosed priortopurchase, andbelievethat XYZdeliberatelyhidthosedefects. IfMarkandCarol wanted tohirejustonewitnesstoofferexperttestimonyin alegal proceedingagainstXYZ,whichof the followingchoiceswouldbestrepresenttheminimumrequirement for subject matterexpertise? A.A witnesswithexpertknowledgeinconsumerfraud

B. A witnesswithexpertknowledgeinvaluation

C. A witnesswithexpertknowledgeinbankruptcyfraud

D. ChoicesA andB

E. ChoicesA, B,andC

Lesson6:Admissibility

5. Which ofthefollowingstatementsconcerningadmissibilityistrue?

A. Out-of-courtstatementsarenotallowedtobeproduced as evidenceattrial. B.If informationpertainingtoacaseisrelevant,itwill beadmissiblein court.

C. Evidence consistsof alldocuments,facts, statements,andotherindicationsofwhathappened inacase.

D. Insomeinstances,partiesare allowedtopresentsummariesofevidenceattrial.

Lesson7: PrivilegesandConfidentiality

6. Hal, anaccountant, hasbeen askedbyanattorneytoassist theattorneyin representingaclient. The issueinvolvestheclientattemptingtoqualifyfor a federallicense. Wouldtheaccountant-client privilegeapply to the communications between the accountantandclientinvolvingthesematters?

A. Yes, becausethe accountantis aidingan attorneyin representingaclient. B.Yes, becausefederalcourtsrecognizetheaccountant-clientprivilege.

C. No, becausethereisnoanticipatedlitigation. D. No, becausethecaseis notafederaltaxissue.

Lesson8:ExpertReports

7. Which ofthefollowingstatementsconcerningexpertreportsundertheFederalRulesof Civil

Procedureistrue?

A. Attorneysmaynotvieworalter theexpertreportbeforeadraftisfirstdeliveredtothecourt andthe opposingparties.

B. Attorneysmayassistexpertsinpreparing expertreportsas longastheydonotalter the substanceof experts' opinions.

C. Attorneysmaygenerallycreatethe reportandinterpret theexpert'sopinion. D.Attorneysmaynotbe involved in preparingexpertreports.

Lesson9:Depositions

8. Duringadeposition,theopposingcounsel asks awitnessthefollowingquestion:"Didthe defendant'sprevious employertellyouwhetherthedefendanthadpreviouslycommittedacrime similar totheoneheis charged withtoday?"Assumingthequestionisrelevant,is theopposing counsel askingan improperquestionundertherules of evidence?

A. Yes, becausethe answer wouldconstitutehearsay.

B. Yes, becausethe answer wouldcauseundueprejudice.

C. No, becausethequestionswouldbeallowedin adeposition. D.No,becausethequestionswouldnotconstitutehearsay.

Lesson 10: DirectExaminationTechniquesforExpertWitnesses

9. Which ofthefollowingisNOTarecommended techniqueforexpertwitnessesduringdirect examinationatajurytrial?

A. Maintain eyecontactwiththe questioningattorneythroughouttheexamination. B.Varyintonationwhen responding.

C. Takeadvantageofpeople'sabilitytobestrememberwhatis presented firstandlast. D. Usegraphics andexhibits.

Lesson 11: SurvivingCross-Examination

10.Duringatrial,an attorneyasksawitness,"So,youfoundnothingmaterial inyour investigation,

didn't you?"Basedonthistypeof questioning,what procedureismostlikelyoccurring? A.Redirectexamination

B. Directexamination

C. Cross-examination

D. Interrogatoryrequest

Lesson 12:Ethical IssuesforExpertWitnesses

11.Which ofthefollowingstatementsbya CFEservingasanexpertwitness would likely violateArticle

V oftheACFECodeofProfessionalEthicsonopinions?

A. "Theexamination resultsrevealed thatthedefendantdidnothavepermissionto investhis employer'sfunds intosecurities."

B. "Basedonthe factsuncovered intheexamination, thedefendantis guiltyof embezzlingfunds entrustedto himbyhisemployerthrough asecuritiesscheme."

C. "Theexamination revealedthatthedefendantplacedhis employer'sassets intosecurities, whichhethen converted tohis solecontrolandbenefit."

D. Noneof theabovechoiceswouldviolateArticleV.