[Mar 17, 2024] Latest Certified Fraud Examiner CFE-Fraud-Prevention-and-Deterrence Actual Free Exam Questions [Q40-Q56]

Q40. Which of the following is TRUE regarding the reporting of the fraud risk assessment results7

Q41. Which of the following principles of corporate governance pertains to the duty of the organization to act in the best interest of society?

Q42. Green, a Certified Fraud Examiner (CFE). had an ethical dilemma regarding her business contract with her professional partners. Which of the following sources of guidance would be considered the lowest level of reference to help Green in determining the most ethical course of action?

Q43. Which of the following statements is FALSE regarding an organization’s fraud risk management program1?

Q44. In identifying the inherent fraud risks that could apply to the organization the fraud risk assessment team should discuss

Q45. An effective system of internal controls:

Q46. According to the 2020 Report to the Nations, which of the following is the MOST COMMON method by which frauds are detected?

Q47. The existence of many specialized departments within a company generally decreases the overall risk of fraud within the organization.

Q48. Consistently punishing perpetrators can be an effective fraud prevention mechanism

Q49. Smith, a retail sales manager, wants to decrease the level of cash register over-and-short discrepancies among his sales team. According to behaviorist theories, which of the following options would be the most effective way for Smith to encourage his team members to keep their cash drawers in balance?

Q50. Which of the following is one of the components of the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO) Enterprise Risk Management-Integrating with Strategy and Performance?

Q51. Which of the following is NOT an effective way to help prevent fraud through the organization’s performance measurement and management programs?

Q52. The Public Interest Oversight Board (PIOB) is the global body responsible for establishing international corporate governance standards.

Q53. Which of the following is TRUE regarding G20/OECD Principles of Corporate Governance (the Principles)?

Q54. According to the 2018 Report to the Nations.___________schemes are the most common form of occupational fraud, while_________schemes are the costliest form of occupational fraud

Q55. Which of the following is a detective anti-fraud control?

Q56. Which of the following is TRUE regarding proactive fraud auditing procedures?