CFE-Fraud-Prevention-and-Deterrence Flexible Testing Engine & New CFE-Fraud-Prevention-and-Deterrence Test Questions
CFE-Fraud-Prevention-and-Deterrence Flexible Testing Engine & New CFE-Fraud-Prevention-and-Deterrence Test Questions
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ACFE CFE-Fraud-Prevention-and-Deterrence (Certified Fraud Examiner - Fraud Prevention and Deterrence) Exam is a globally recognized certification that is designed for professionals who are interested in preventing, detecting, and deterring fraud. Certified Fraud Examiner - Fraud Prevention and Deterrence Exam certification is offered by the Association of Certified Fraud Examiners (ACFE), which is the world's largest anti-fraud organization. The ACFE CFE-Fraud-Prevention-and-Deterrence Exam is a comprehensive exam that covers various topics related to fraud prevention and detection, including fraud schemes, financial transactions, investigation techniques, and legal aspects.
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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q131-Q136):
NEW QUESTION # 131
According to behaviorists such as B. F. Skinner, which of the following scenarios is MOST LIKELY to occur when an undesired behavior is punished?
- A. The behavior will return when punishment ceases
- B. The behavior will be permanently suppressed
- C. The behavior will not be affected by the punishment
- D. The behavior will occur more frequently.
Answer: A
NEW QUESTION # 132
Which of the following is NOT included in G20/OECD Principles of Corporate Governance (the Principles)?
- A. Recognition of the importance of the role of stakeholders in corporate governance
- B. Support for establishing stronger protection for foreign shareholders than for domestic shareholders
- C. A request that governments have in place an appropriate framework to support good corporate governance practices
- D. Guidance regarding appropriate board structures, responsibilities, and procedures
Answer: B
Explanation:
* Understanding G20/OECD Principles of Corporate Governance:These principles provide a framework to improve corporate governance worldwide. Key elements include board responsibilities, shareholder rights, equitable treatment, and stakeholder roles.
* Analysis of Options:
* A. Guidance on board structures: This is included in the principles to ensure effective governance and oversight.
* C. Framework for corporate governance: Governments are encouraged to create legal and regulatory frameworks supporting corporate governance.
* D. Stakeholder importance: Stakeholders' roles in governance are recognized, acknowledging their contribution to sustainable business practices.
* B. Stronger protection for foreign shareholders: The principles advocate for equitable treatment of all shareholders, not preferential treatment for any group.
* Conclusion:Option B contradicts the principle of equitable treatment, making it the correct answer.
NEW QUESTION # 133
As part of its anti-fraud program, Oak Company is outlining the responsibilities of different stakeholders.
Who is ultimately responsible for setting the organization's ethical tone?
- A. Fraud examiners
- B. General counsel
- C. Management
- D. Human resources
Answer: C
Explanation:
Comprehensive and Detailed in Depth Explanation:
Management is ultimately responsible for setting the ethical tone of an organization, often referred to as the
"tone at the top." This tone influences the overall ethical culture, guiding employee behavior and setting the standard for compliance and integrity. While legal, HR, and fraud professionals play supporting roles, it is leadership's responsibility to establish, model, and reinforce ethical conduct.
Reference:Fraud Examiners Manual, 2022, Fraud Prevention and Deterrence, Management's Fraud-Related Responsibilities - Section 4.401.
NEW QUESTION # 134
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. Media blacklisting of the organization
Answer: D
NEW QUESTION # 135
Which of the following is among the audit committee s primary responsibilities related to fraud risk management?
- A. Implementing the fraud risk management program
- B. Designing the fraud risk management program
- C. Understanding how internal and external audit strategies address fraud risk
- D. Punishing fraud perpetrators discovered through fraud risk management activities
Answer: B
NEW QUESTION # 136
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