Free ACFE CFE-Fraud-Prevention-and-Deterrence Exam Questions

Become ACFE Certified with updated CFE-Fraud-Prevention-and-Deterrence exam questions and correct answers

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Total 317 Questions | Updated On: Mar 28, 2025

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Question 1

Which of the following Is FALSE regarding a fraud risk assessment?

A : assessment team should consider how employees behave as part of Its assessment

B : assessment should be used to improve employee fraud awareness.

C : designation of an area as being high risk does not conclusively mean that fraud is occurring there.

D : objective of the assessment is to provide an estimate of the organization's fraud losses.

Answer: D

Question 2

A group of items which are stacked together for more convenient movement is called...?

A : Unit price

B : Unit load

C : Load cell

D : Stacker

Answer: B

Question 3

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 : behavior will return when punishment ceases

B : behavior will be permanently suppressed

C : behavior will occur more frequently.

D : behavior will not be affected by the punishment

Answer: A

Question 4

According to Diane Vaughan. which of the following factors increases an organization's inherent inclination toward committing crime?

A : wards are given to employees who challenge the status quo

B : nagement encourages employee loyalty through social functions

C : nagement separates employee performance goals from company performance goals

D : l of the above

Answer: B

Question 5

Adan, an internal auditor who works at BKY Co., is reviewing the auditing procedures for his company. He is specifically considering the ways BKY can proactively audit for fraud. Which of the following is TRUE regarding the use of proactive fraud auditing procedures at BKY?

A : Auditors should avoid asking questions such as. "Has anyone ever asked you to do something unethical?" as part of their audits, as this can limit employees' willingness to communicate.

B : Fraud assessment questioning techniques are most effectively used as part of the normal audit process.

C : Analytical review of BKY's financial statements is the best way to uncover small frauds that might be missed by other detection methods.

D : Fraud audit procedures should be designed to avoid an element of surprise.

Answer: B

Page: 1 / 64

Total 317 Questions | Updated On: Mar 28, 2025

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