ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence - CFE-Fraud-Prevention-and-Deterrence무료 덤프문제 풀어보기

A. Po may include her opinion on the internal controls in her report to management only if she amends her contract.

B. Po may include her opinion on the internal controls in her report to management because it is a technical matter.

C. Po may include her opinion on the internal controls in her report to management only if management agrees to compensate her for the addition.

D. Po may not include her opinion on the internal controls in her report to management because that is not what she was hired to assess.

A. Have adequate compensation committee resources and authority

B. Give shareholders oversight of hotline reporting programs

C. Develop a written charter for management

D. Have a mandatory independent audit committee

A. True

B. False

A. Crime originates from an instinctual response to external stimuli without any rational or conscious decision by the perpetrator.

B. Crime can be deterred by decreasing the personal risk to potential perpetrators.

C. Crime originates from a rational and conscious decision made by the perpetrator in order to receive an intended benefit.

D. Crime can be deterred by increasing the personal benefit to potential perpetrators.

A. Management should tailor the detailed objectives of the fraud risk management program to the organization ' s specific needs and goals.

B. Management must balance the investment in anti-fraud controls with the benefit of those controls and the amount of risk it is willing to accept.

C. Management should examine previous fraud occurrences to determine how the ideal fraud risk management program would have prevented tnem.

D. Management must assign a quantitative measure to its risk appetite so that it can accurately measure the fraud risk management program's effectiveness.

A. True

B. False

A. Surveys

B. Anonymous feedback mechanisms

C. Interviews

D. Focus groups

A. Create an environment in which employees feel safe challenging management ' s decisions

B. implement two separate sets of ethics policies, one for management and one for employees

C. Use a checklist of initiatives to make sure all the elements of a strong tone at the top are in place

D. All of the above

A. The most common internal response to a substantiated fraud case is to terminate the employee.

B. Only a small percentage of perpetrators are punished when an organization handles a fraud case internally.

C. The primary reason that organizations decline to prosecute fraud cases is a lack of evidence.

D. Most fraud cases are only handled internally and are not referred to law enforcement for prosecution.

A. Wren should agree to keep the information confidential, even though Wren knows that she cannot guarantee confidentiality.

B. Wren should immediately inform ABC Corp.'s management about Lark's request.

C. Wren should tell Lark that she will try to keep the information as confidential as possible.

D. Wren should not agree to Lark's request for confidentiality, but she should encourage Lark to report the information to law enforcement instead.

A. Identity theft is both the most common and costliest category of occupational fraud.

B. Corruption schemes are the costliest category of occupational fraud.

C. Asset misappropriation schemes are the most common category of occupational fraud.

D. Financial statement fraud schemes are the most common category of occupational fraud.

A. Designing the fraud risk management program

B. Punishing fraud perpetrators discovered through fraud risk management activities

C. Overseeing the organization ' s fraud risk management activities

D. Implementing the fraud risk management program

A. A fraud risk management program should prioritize activities that proactively identify and assess fraud risks over activities that detect fraud while it is occurring.

B. A fraud risk management program should only focus on addressing fraud after it occurs.

C. A fraud risk management program should incorporate policies and procedures designed to both prevent and detect fraud but should not address fraud responses.

D. A fraud risk management program should include the formal procedures that management takes in response to a fraud, such as rebuilding stakeholders ' confidence in the organization.

A. Compliance with government regulations does not offer benefits to the public.

B. The damage caused by corporate violations involving large sums of money is limited to the industry leaders who can afford the loss.

C. Violations are caused by economic necessity and protect employees from losing their jobs.

D. Government regulations are justified because the additional costs of regulations and bureaucratic procedures increase government profits.