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ACFE CFE-Fraud-Prevention Exam Syllabus Topics:

SectionWeightObjectives
Fraud Prevention Framework25%- Fraud risk assessment processes
- Fraud risk governance and oversight
Corporate Governance and Ethics25%- Code of conduct and compliance programs
- Ethical culture and tone at the top
Fraud Risk Management and Deterrence25%- Fraud prevention strategies and programs
- Monitoring and continuous improvement
Internal Controls and Fraud Prevention25%- Internal control design and effectiveness
- Fraud detection and prevention controls

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ACFE CFE-Fraud-Prevention Valid Test Prep - Exam CFE-Fraud-Prevention Discount

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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q135-Q140):

NEW QUESTION # 135
Which of the following is a best practice when assembling a fraud risk assessment team?

Answer: D


NEW QUESTION # 136
According to ACFE research, which of the following is TRUE?

Answer: B

Explanation:
ACFE research highlights that an unwillingness to share duties is one of the most common red flags exhibited by fraud perpetrators. This behavior often indicates a desire to conceal fraudulent activities.Most fraudsters do not have prior convictions, and frauds committed by executives tend to cause higher losses compared to those committed by staff-level employees.


NEW QUESTION # 137
Which of the following is NOT a purpose served by a professional organization's code of conduct?

Answer: A

Explanation:
A professional code of conduct serves as a guideline for ethical behavior, provides benchmarks for decision-making, and facilitates enforcement within the profession.
It does not replace the personal responsibility to exercise individual judgment and consult one's conscience.


NEW QUESTION # 138
_____________Is the criminological theory that presents crime as a conscious decision that can be deterred by reducing opportunities for criminal activity and increasing the personal risk to an Individual of being caught and punished.

Answer: C

Explanation:
Rational Choice Theory Overview:
This theory asserts that individuals make conscious decisions to commit crimes after weighing the costs (risk of detection and punishment) and benefits.
Why D is Correct:
Rational choice theory aligns with strategies to deter crime by reducing opportunities and increasing personal risks.


NEW QUESTION # 139
Which of the following statements is FALSE regarding an organization's fraud risk management program?

Answer: D

Explanation:
Fraud Risk Management Program Requirements:
A fraud risk management program includes mechanisms to detect and respond to noncompliance, sanctions for violations, and measures to address control failures.
Why B is Incorrect:
Responsibility for handling suspected incidents should remain within the organization, typically assigned to compliance officers or internal audit teams. Delegating it to external parties undermines internal governance.


NEW QUESTION # 140
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