Online Access Free CFE-Fraud-Prevention Exam Questions

In Ihe context of fraud examination, integrity requires all of the following EXCEPT:

• A.Subordination of desires for personal gain to the interests of clients, employers, and the public
• B.Avoidance of differences of opinion
• C.An ability to analyze situations where no professional rules are specifically applicable and determine right from wrong
• D.Independence of mental attitude

An executive pressures accounting staff to accelerate revenue recognition near year-end to meet earnings targets. This situation primarily reflects which element of the Fraud Triangle?

• A.Collusion
• B.Rationalization
• C.Pressure
• D.Opportunity

Which of the following Is NOT Included In Ihe five fraud risk management principles described In Fraud Risk Management Guide, a joint publication by COSO and the ACFE?

• A.Communicating the expectations of those governing the fraud risk management program
• B.Developing one-time evaluations for each fraud risk management principle
• C.Performing comprehensive fraud risk assessments to identify specific fraud schemes
• D.Deploying preventive and detective fraud control activities to mitigate fraud risk

Which of the following is a detective anti-fraud control?

• A.Fraud awareness training
• B.Hiring policies and procedures
• C.Separation of duties
• D.Independent reconciliations

According to Silk and Vogel's research, business leaders rationalize legal violations by asserting that compliance with government regulations is too costly and cuts too heavily into company profits.

• A.True
• B.False