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Use ACFE CFE-Fraud-Prevention-and-Deterrence Exam Questions [2025]-Forget About Failure
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The CFE-Fraud-Prevention-and-Deterrence Exam covers a wide range of topics, including fraud prevention and deterrence, fraud investigation, legal elements of fraud, and ethics. Professionals who pass CFE-Fraud-Prevention-and-Deterrence exam are equipped with the necessary skills to identify and prevent fraud within their organizations. They are also able to conduct fraud investigations and present evidence in court if necessary.
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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q130-Q135):
NEW QUESTION # 130
Mary is charged with implementing a fraud reporting program on behalf of her organization. Which of the following is a best practice that Mary should follow to ensure that the program is successful?
- A. Mary should inform employees that they are required to report any information about potential fraud directly and only to their immediate supervisor.
- B. Mary should inform employees of the precise methods for reporting potential fraud, such as completing an online form.
- C. Mary should inform employees that the names of all individuals who report misconduct will be shared with the organization's governing body and law enforcement.
- D. Mary should inform employees that they will be held accountable for reporting tips that cannot be verified.
Answer: B
Explanation:
Comprehensive and Detailed in Depth Explanation:
For a fraud reporting program to be effective, employees must clearly understand how to use it. Providing specific and user-friendly reporting methods, such as hotlines, email addresses, or online forms, increases accessibility and usage. Options A and D discourage reporting, while B limits it unnecessarily, especially in cases where supervisors may be involved.
Reference:Fraud Examiners Manual, 2022, Fraud Prevention and Deterrence, Fraud Prevention Programs - Section 4.602.
NEW QUESTION # 131
Which of the following criminological theories asserts that the three elements that have the most influence on crime are the availability of suitable targets, absence of capable guardians, and presence of motivated offenders?
- A. Social control theory
- B. Differential association theory
- C. Routine activities theory
- D. Rational choice theory
Answer: D
NEW QUESTION # 132
While, a Certified Fraud Examiner (CFE). was hired to conduct a fraud examination She did not find fraud, but. In White's opinion, there were several internal control deficiencies that, if not remediated, could facilitate the occurrence of fraud Under the ACFE Code of Professional Ethics. White may include her opinion on the controls in her report to management.
- A. False
- B. True
Answer: B
Explanation:
* Ethical Obligations Under ACFE Code:
* CFEs are obligated to report material findings, including deficiencies that may facilitate fraud, even if no fraud is found.
* Providing such insights aligns with the principles of due diligence and professional responsibility.
* Professional Reporting Practices:
* Including opinions on internal control deficiencies adds value to the examination and supports fraud prevention efforts.
* Conclusion:White may include her opinion on control deficiencies in her report.
References:ACFE Code of Professional Ethics and fraud examination standards.
NEW QUESTION # 133
According to Diane Vaughan, which of the following factors increases an organization's inherent inclination toward committing crime?
- A. Management seeks out diversity in attitudes and perspectives when hiring employees
- B. All of the above
- C. Management links employee performance goals with company performance goals
- D. Rewards are given to employees who challenge the status quo
Answer: C
NEW QUESTION # 134
Sycamore Inc. has a simple organizational structure with few specialized departments. The structure of Sycamore Inc. increases the likelihood that fraud will go undetected within the organization.
- A. False
- B. True
Answer: B
Explanation:
Simple organizational structures often suffer from lack of segregation of duties and fewer levels of oversight.
According to the ACFE Manual:
"A simple or poorly designed structure can inhibit accountability and effective oversight. Lack of defined roles and responsibilities can increase the likelihood that fraud will go undetected." Reference: ACFE Fraud Examiners Manual, 2020 International Edition - Fraud Prevention and Deterrence, Section 4.611.
NEW QUESTION # 135
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