Certified Fraud Examiner - Fraud Prevention v1.0

Blue, a Certified Fraud Examiner (CFE), had an ethical dilemma regarding the contract governing one of his professional engagements. Which of the following sources of guidance would be considered the lowest level of reference to help Blue in determining the most ethical course of action?

Which of the following is NOT a responsibility of the organization’s board of directors?

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

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 learns that Green is involved in an unrelated fraud. Under the ACFE Code of Professional Ethics, Gray should:

Which of the following statements regarding best practices that organizations can take to protect and support whistleblowers is MOST ACCURATE?

The availability of suitable targets, absence of capable guardians such as auditors and security personnel, and presence of motivated offenders are the three most important elements that influence crime according to which of the following criminological theories?

During an admission-seeking interview, Smith, an accounts payable clerk, admits to stealing company funds. Jones, the Certified Fraud Examiner (CFE) investigating the case, may refer to Smith as “guilty” in his fraud examination report.

The findings in the 2020 Report to the Nations include which of the following?

Employees should be made aware that management is watching for lifestyle and behavior changes in staff members that might indicate fraud.

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

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

Which of the following is a best practice to ensure a successful fraud reporting program?

If a Certified Fraud Examiner (CFE) engaged in an illegal activity but did not know at the time that the activity was illegal, Article II of the ACFE Code of Professional Ethics will protect the fraud examiner from legal liability.

According to International Organization for Standardization (ISO) 31000:2018, an organization’s risk management program should be proportionate to the organization’s specific operations and objectives.