CFF PRACTICE EXAM VERIFIED QUESTION BANK WITH ACCURATEL SOLUTIONS-
ALREADY GRADED 95%
Which is not a role that forensic accountants serve in during litigation matters?
a. Litigation Consultant
b. Expert Witness
c. Bankruptcy Trustee
d. Member of Arbitration Panel
Member of Arbitration Panel
- Threat to independence
Which is correct about the best evidence rule (FRE 1002)? *
a. It prohibits the use of copies.
b. It states original documents are preferred.
c. It prohibits questions as to the authenticity of documents.
d. Always applies when proving the writing exists, was executed, or was delivered.
b. It states original documents are preferred.
Which is not an important reason for the discovery process?
a. Increases the percentage of settled cases.
b. Filters out frivolous disputes.
c. Keeps lawyers from providing false information.
d. Minimizes surprises.
c. Keeps lawyers from providing false information.
,Which discovery tool can be used on someone who is not a party to the lawsuit?
a. Interrogatories.
b.Document protection.
c. Medical exam.
d. Request for admission.
b.Document protection.
I think this meant to be document production (think subpoena deuces tecum)
Which is not a form of discovery abuse?
a. Excessive or improper use of discovery devices to harass, cause delay, or wear down an
adversary by increased costs.
b.Seeking a protective order from the trial court to set limits or depositions.
c. Stonewalling or opposing otherwise proper discovery requests for the purpose of
frustrating the other party.
d. Document dumping — that is, providing a huge number of excess documents that the
other side will have to review to drive up costs.
b. Seeking a protective order from the trial court to set limits or depositions.
Which is not a source of electronically stored information?
a.Clouds.
b.Jump drives.
c.Originals of writings.
,d.Cell phones.
c.Originals of writings.
Which is not an area of concern covered by the recent amendments to the FRCP?
a.Early and effective case management.
b.Increased opportunities to settle.
c.Advancing cooperation among lawyers.
d.Enhancing the means of keeping discovery proportional.
Increased opportunities to settle.
Which is not a typical litigation service performed by forensic accountants?
a.Litigation consultant.
b.Arbitrator.
c.Expert witness.
d.Fact witness.
Fact witness.
Which is not correct regarding expert witness depositions?
a.They tend to occur at the end of the discovery process.
b.A subpoena for deposition may be accompanied by a subpoena duces tecum.
c.Expert witnesses must rely on their memory and cannot review on their report during the
deposition.
d.Experts have the right to review the transcript of the deposition and make corrections.
, Expert witnesses must rely on their memory and cannot review on their report during the
deposition.
Which is not an element necessary to prove professional negligence?
a.There must be a duty to exercise professional care.
b.There must be a breach of the duty.
c.There must be a causal relationship between the breach of duty and a resulting injury.
d.There does not need to be an actual loss or damage.
d.There does not need to be an actual loss or damage.
Which cannot help to mitigate the legal costs of professional negligence?
a.Obtaining indemnity from the client.
b.Having professional liability insurance.
c.Obtaining indemnity from the attorney.
d.Filing a counterclaim against the suing party.
d.Filing a counterclaim against the suing party.
Which is not a method of alternative dispute resolution?
a.Court litigation.
b.Arbitration.
c.Mediation.
d.Settlement conference.
a.Court litigation.
ALREADY GRADED 95%
Which is not a role that forensic accountants serve in during litigation matters?
a. Litigation Consultant
b. Expert Witness
c. Bankruptcy Trustee
d. Member of Arbitration Panel
Member of Arbitration Panel
- Threat to independence
Which is correct about the best evidence rule (FRE 1002)? *
a. It prohibits the use of copies.
b. It states original documents are preferred.
c. It prohibits questions as to the authenticity of documents.
d. Always applies when proving the writing exists, was executed, or was delivered.
b. It states original documents are preferred.
Which is not an important reason for the discovery process?
a. Increases the percentage of settled cases.
b. Filters out frivolous disputes.
c. Keeps lawyers from providing false information.
d. Minimizes surprises.
c. Keeps lawyers from providing false information.
,Which discovery tool can be used on someone who is not a party to the lawsuit?
a. Interrogatories.
b.Document protection.
c. Medical exam.
d. Request for admission.
b.Document protection.
I think this meant to be document production (think subpoena deuces tecum)
Which is not a form of discovery abuse?
a. Excessive or improper use of discovery devices to harass, cause delay, or wear down an
adversary by increased costs.
b.Seeking a protective order from the trial court to set limits or depositions.
c. Stonewalling or opposing otherwise proper discovery requests for the purpose of
frustrating the other party.
d. Document dumping — that is, providing a huge number of excess documents that the
other side will have to review to drive up costs.
b. Seeking a protective order from the trial court to set limits or depositions.
Which is not a source of electronically stored information?
a.Clouds.
b.Jump drives.
c.Originals of writings.
,d.Cell phones.
c.Originals of writings.
Which is not an area of concern covered by the recent amendments to the FRCP?
a.Early and effective case management.
b.Increased opportunities to settle.
c.Advancing cooperation among lawyers.
d.Enhancing the means of keeping discovery proportional.
Increased opportunities to settle.
Which is not a typical litigation service performed by forensic accountants?
a.Litigation consultant.
b.Arbitrator.
c.Expert witness.
d.Fact witness.
Fact witness.
Which is not correct regarding expert witness depositions?
a.They tend to occur at the end of the discovery process.
b.A subpoena for deposition may be accompanied by a subpoena duces tecum.
c.Expert witnesses must rely on their memory and cannot review on their report during the
deposition.
d.Experts have the right to review the transcript of the deposition and make corrections.
, Expert witnesses must rely on their memory and cannot review on their report during the
deposition.
Which is not an element necessary to prove professional negligence?
a.There must be a duty to exercise professional care.
b.There must be a breach of the duty.
c.There must be a causal relationship between the breach of duty and a resulting injury.
d.There does not need to be an actual loss or damage.
d.There does not need to be an actual loss or damage.
Which cannot help to mitigate the legal costs of professional negligence?
a.Obtaining indemnity from the client.
b.Having professional liability insurance.
c.Obtaining indemnity from the attorney.
d.Filing a counterclaim against the suing party.
d.Filing a counterclaim against the suing party.
Which is not a method of alternative dispute resolution?
a.Court litigation.
b.Arbitration.
c.Mediation.
d.Settlement conference.
a.Court litigation.
