최신 CFE-Fraud-Prevention-and-Deterrence 무료덤프 - ACFE Certified Fraud Examiner

문제1

Rhys, a Certified Fraud Examiner (CFE), was hired to conduct a fraud examination at Marvel Company. His examination did not reveal any conclusive evidence that fraud had occurred or was occurring. Consequently, Marvel's management asked Rhys to state in his official examination report that the company is free of fraud as a means of assuring the board of directors that the company's anti-fraud controls were effective. Which of the following is TRUE regarding the ACFE Code of Professional Ethics in this situation?

A. The ACFE Code of Professional Ethics allows Rhys to comply with management's request only if he can find another CFE to co-sign his report.

B. The ACFE Code of Professional Ethics allows Rhys to comply with management's request without limitations.

C. The ACFE Code of Professional Ethics absolutely prohibits Rhys from complying with management's request.

D. The ACFE Code of Professional Ethics allows Rhys to comply with management's request only if the company has liability insurance to cover an incorrect assertion.

정답: C

문제2

_____________Is the criminological theory that presents crime as a conscious decision that can be deterred by reducing opportunities for criminal activity and increasing the personal risk to an Individual of being caught and punished.

A. Rational choice theory

B. Justification of action theory

C. Routine activities theory

D. Differential association theory

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제3

The Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Enterprise Risk Management-Integrating with Strategy and Performance defines what as 'the continual iterative process of obtaining information and sharing it throughout the entity'?

A. Governance and culture

B. Performance

C. Information, communication, and reporting

D. Strategy and objective-setting

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제4

Which of the following is among the board of directors' primary responsibilities related to fraud risk management?

A. Overseeing the organization's fraud risk management activities

B. Designing the fraud risk management program

C. Punishing fraud perpetrators discovered through fraud risk management activities

D. Implementing the fraud risk management program

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제5

To reinforce an anti-fraud culture, it is BEST for an organization's management to:

A. Use a checklist of initiatives to ensure that all the elements of a strong corporate culture are in place.

B. Discourage employees from questioning their immediate supervisor's actions or decisions if they have concerns.

C. Require senior leaders to follow the same ethics policies that are in place for all staff-level employees.

D. Discipline any employees who publicly express their frustration regarding organizational policies.

정답: C

문제6

Which of the following scenarios would MOST LIKELY be considered a violation of the ACFE Code of Professional Ethics?

A. All of the above are violations.

B. Mae, a CFE, was hired by a client to conduct a fraud examination but found nothing unusual. A year later, she received a legal order from the local prosecutor's office to provide the client's file. Mae complied with the court order despite not having the client's authorization to provide the file.

C. Eric, a CFE, accepted a fraud examination assignment and then instructed his employee to assess the company's accounts receivable for indications of fraud. He accepted the employee's work that showed no evidence of fraud without conducting his own assessment. However, the employee missed some key information, causing Eric to fail to uncover a costly fraud scheme.

D. Grace, a CFE, uncovered internal control deficiencies that were material but unrelated to the financial statement fraud she was investigating. In her final report to management, Grace included information about the deficiencies despite their being unrelated to the situation she was hired to investigate.

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제7

Which of the following Is NOT a way that an organization's fraud risk assessment should be Incorporated Into the audit process?

A. It should be used to design audit tests to evaluate whether the controls are operating effectively.

B. It should be used to replace the auditor's own identification and assessment of fraud risks.

C. it should be used to increase awareness in the development of audit programs for areas that have been identified as having a moderate-to-high risk of fraud.

D. It should be used to assess whether there is a moderate-to-high risk of management overriding controls within the moderate-to-high fraud risk areas.

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제8

Professional auditing standards suggest that auditors incorporate an "element of predictability" in the selection of auditing procedures to be performed so that they ensure the same areas are tested in the same manner during each audit.

A. True

B. False

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제9

Jane, a Certified Fraud Examiner (CFE), was hired lo conduct a fraud examination at XYZ Company Her examination did not reveal any conclusive evidence that fraud had occurred or was occurring Consequently.
XYZ's management asked Jane to state in her official examination report that the company is free of fraud as a means of assuring the board of directors that the company's anti-fraud controls were effective. The ACFE Code of Professional Ethics prohibits Jane from complying with management's request.

A. True

B. False

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제10

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:

A. Report Green to law enforcement

B. Tell the company's board of directors about Green.

C. Resign from the engagement

D. Not disclose the information about Green.

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제11

Effectively documenting and communicating organizational hierarchies, including the proper flow of information, can be a helpful tool in preventing fraud.

A. True

B. False

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제12

Who is ultimately responsible for responding appropriately to instances of fraud within an organization?

A. General counsel

B. Internal auditors

C. Management

D. The audit committee

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제13

Management at ABC Company wants to transfer one of the risks identified during the company's fraud risk assessment process. Which of the following actions would be MOST APPROPRIATE to support this response?

A. Implementing additional preventive and detective controls

B. Deciding not to implement any responsive measures

C. Purchasing fidelity insurance to protect against the associated risk of loss

D. Discontinuing the underlying activity completely

정답: C

최신 CFE-Fraud-Prevention-and-Deterrence 무료덤프 - ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence

우리와 연락하기

유용한 링크

최신 업데이트