CFE-FRAUD-PREVENTION-AND-DETERRENCE Dumps in PDF and Online

QUESTION: 6

Gray, an independent Certified Fraud Examiner (CFE), was hired by Green, president of the ABC Corporation, to investigate allegations that one of ABC's employees is taking kickbacks. During the investigation. Gray teams that Green is involved in an unrelated fraud. Under the ACFE Code of Professional Ethics. Gray should:

Not disclose the information about Green.
Report Green to law enforcement
Tell the company's board of directors about Green.
Resign from the engagement

Answer(s): C

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QUESTION: 7

Which of the following is TRUE regarding proactive fraud auditing procedures?

Analytical review of the financial statements is best used to uncover small frauds that might be missed by other detection methods.
Fraud assessment Questioning techniques are most appropriately used when attempting to determine who might be responsible for a particular fraud scheme.
Implementing proactive fraud audit procedures demonstrates the organization's intention to aggressively look for possible fraudulent conduct.
Surprise audit procedures are an effective fraud detection mechanism, but they do not help prevent fraud

Answer(s): D

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QUESTION: 8

The theory of differential association is used frequently lo explain white-collar criminality.
Which of the following is NOT one of the assertions or principles of differential association?

Criminal behavior is explained by an individual's general needs and values.
Criminal behavior is acquired through participation with intimate personal groups.
Criminal behavior is learned from other people in a process of communication.
Criminal behavior is learned using the same mechanisms as other learning

Answer(s): A

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QUESTION: 9

Which of the following is FALSE regarding a fraud risk assessment?

The objective of the assessment is to help the organization identify what makes it most vulnerable to fraud.
The assessment should be used to improve employee fraud awareness
The assessment team should consider how employees behave as part of its assessment
The designation of an area as high risk should only occur if the assessment has conclusively revealed that fraud is occurring there.

Answer(s): D

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QUESTION: 10

Which of the following is NOT included in G20/OECD Principles of Corporate Governance (the Principles)?

Guidance regarding appropriate board structures, responsibilities, and procedures
Support for establishing stronger protection for foreign shareholders than for domestic shareholders
A request that governments have in place an appropriate framework to support good corporate governance practices
Recognition of the importance of the role of stakeholders in corporate governance

Answer(s): C

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ACFE Certified Fraudiner - Fraud Prevention CFE-FRAUD-PREVENTION-AND-DETERRENCE Dumps in PDF

Free ACFE CFE-FRAUD-PREVENTION-AND-DETERRENCE Real Questions (page: 2)

QUESTION: 6

QUESTION: 7

QUESTION: 8

QUESTION: 9

QUESTION: 10