QUESTION 16
Which of the following is NOT an effective way to help prevent fraud through the organization’s performance measurement and management programs?

QUESTION 17
Which of the following is one of the recommendations made by the National Commission on Fraudulent Financial Reporting (the Treadway Commission) to reduce the probability of fraud in financial reports?

QUESTION 18
Which of the following is NOT considered a conflict of interest that is prohibited under the ACFE Code of Professional Ethics? )

QUESTION 19
Which of the following is NOT a responsibility of the organization s board of directors?

QUESTION 20
The internal auditor s fraud-related responsibilities include which of the following?

QUESTION 21
Glenda. an internal auditor, and Bridgette. an accounts receivable clerk, have had several heated disagreements over accounting procedures and policies Glenda has just been told that she will be the lead on the company s fraud risk assessment. During the fraud risk assessment. Glenda should:

QUESTION 22
The internal auditor’s fraud-related responsibilities include which of the following?

QUESTION 23
Jody has been working at ABC Corp. for ten years. He steals funds from the company and tells himself that the company owes it to him for his “unrewarded hard work and loyalty” This situation BEST illustrates which leg of the Fraud Triangle?

QUESTION 24
The objective of anti-fraud controls is to:

QUESTION 25
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:

QUESTION 26
Which of the following is a best practice to ensure a successful fraud reporting program?

QUESTION 27
Which of the following theories suggests that, when considering the possibility of violating a law. people are likely to ask themselves. “What will my spouse think if they find out?”

QUESTION 28
Which of the following theories suggests that, when considering the possibility of violating a law. people are likely to ask themselves. “What would my family and friends think if they find out?

QUESTION 29
During a fraud risk assessment, (he assessment (earn is seeking information on the ethical tone set by upper and middle managers The team members determine that, for this task, they would like to get candid one-on-one feedback from employees away from their peers. Which of the following techniques would be most helpful for them to use in gathering this information?

QUESTION 30
Jane, a Certified Fraud Examiner (CFE). was hired to 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

QUESTION 31
An effective system of anti-fraud controls

QUESTION 32
The findings in the 2020 Report to the Nations include which of the following?

QUESTION 33
Open-door management policies are a fraud prevention mechanism that addresses which leg of the Fraud Triangle?

QUESTION 34
Employees should be kepi unaware that management is watching for lifestyle and behavior changes in staff members that might indicate fraud

QUESTION 35
Jones, an accounting manager for a software company, wants to improve her team’s adherence to the company’s formal accounting policies and procedures and reduce the number of process exceptions they experience. According to behaviorist theories, which of the following options would be the most effective way for Jones to condition her staff to follow the company’s formal accounting processes?

QUESTION 36
Which of the following would MOST LIKELY be a violation of the ACFE Code of Professional Ethics?

QUESTION 37
Which of the following is FALSE regarding a fraud risk assessment?

QUESTION 38
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.

QUESTION 39
Effectively documenting and communicating organizational hierarchies, including the proper flow of information, can be a helpful tool in preventing fraud

QUESTION 40
Based on research regarding the criminogenic nature of organizations, employees with strong personal values and ethics will always disobey a superior’s direct order to engage in fraudulent behavior, despite an inherent desire to obey authority figures.