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100% Pass Quiz 2025 Professional ACFE CFE-Fraud-Prevention-and-Deterrence: Interactive Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Practice Exam

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ACFE CFE-Fraud-Prevention-and-Deterrence Exam is a certification exam designed for professionals who are interested in learning about fraud prevention and deterrence techniques. CFE-Fraud-Prevention-and-Deterrence exam is administered by the Association of Certified Fraud Examiners (ACFE), a professional organization that seeks to promote ethics and integrity in the field of fraud examination.

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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q37-Q42):

NEW QUESTION # 37
Professional auditing standards require that auditors incorporate an "element of unpredictability" in the selection of auditing procedures to be performed.

  • A. True
  • B. False

Answer: A


NEW QUESTION # 38
Which of the following is NOT one of the three general approaches used to control corporate crime?

  • A. Strong intervention of the government
  • B. Consumer action to force change
  • C. Voluntary changes in corporate attitudes and structure
  • D. Withdrawal of financial institution funding

Answer: D


NEW QUESTION # 39
Which of the following is NOT considered a conflict of interest that is prohibited under the ACFE Code of Professional Ethics?

  • A. Accepting an assignment to secretly infiltrate the fraud examiner's employing organization and transmit inside information to another party
  • B. Undertaking an engagement that decreases the fraud examiner's ability to perform their duties for their full-time employer
  • C. Accepting an assignment to evaluate the anti-fraud controls at an organization in which the fraud examiner is a shareholder, provided the fraud examiner's ownership interest is disclosed
  • D. Undertaking engagements for both sides in a case of alleged vendor overbilling

Answer: C


NEW QUESTION # 40
According to The Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing, which of the following should the internal audit team evaluate in its assessment of the risk management process?

  • A. The management team's assessment of the internal controls over financial reporting
  • B. The materiality of the organization s financial statements
  • C. The organization s risk exposures relating to the sale of assets
  • D. The organization s fraud risk management initiatives

Answer: D


NEW QUESTION # 41
Which of the following is TRUE regarding corporate governance?

  • A. Effective corporate governance practices are most necessary in an organization in which the owners are also the individuals responsible for setting the corporate strategy.
  • B. Fraud risk management is considered to be the foundation of effective corporate governance
  • C. An entity's corporate governance structure specifies the distribution of rights and responsibilities among the different participants in the organization
  • D. Corporate governance's primary purpose is to ensure the accuracy of the organization's financial reports

Answer: B


NEW QUESTION # 42
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