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ACFE CFE-Fraud-Prevention-and-Deterrence Exam With Confidence Using Practice Dumps

Exam Code:
CFE-Fraud-Prevention-and-Deterrence
Exam Name:
Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
Certification:
Certified Fraud Examiner
Vendor:
ACFE
Questions:
141
Last Updated:
Jan 24, 2025
Exam Status:
Stable
ACFE CFE-Fraud-Prevention-and-Deterrence

CFE-Fraud-Prevention-and-Deterrence: Certified Fraud Examiner Exam 2024 Study Guide Pdf and Test Engine

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Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Questions and Answers

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Question 1

Maria conducted a fraud examination that led to a valid confession of guilt from Rita. In Maria's verbal report to her superiors, she stated that, in her opinion. "Rita is guilty of embezzlement." Maria has just violated the ACFE Code of Professional Ethics.

Options:

A.

True

B.

False

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Question 2

A government auditor is conducting a financial statement audit of a public-sector entity in accordance with the International Standards of Supreme Audit Institutions (ISSAI). Which of the following is TRUE regarding the auditor's consideration of fraud during this engagement?

Options:

A.

In addition to fraud, the auditor should remain alert to potential occurrences of abuse during the audit.

B.

The auditor has the automatic ability to withdraw from the audit engagement if fraud is found.

C.

The requirements found in International Standard on Auditing (ISA) 240 do not apply to the engagement

D.

The objectives of the audit are likely narrower than those of a private-sector financial statement audit.

Question 3

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?

Options:

A.

Communicating the expectations of those governing the fraud risk management program

B.

Performing comprehensive fraud risk assessments to identify specific fraud schemes

C.

Deploying preventive and detective fraud control activities to mitigate fraud risk

D.

Developing one-time evaluations for each fraud risk management principle

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