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| Section | Weight | Objectives |
|---|
| Topic 1: Fraud Prevention Programs | 15–20% | - Designing prevention strategies - Communication and training - Monitoring and continuous improvement
|
| Topic 2: Fraud Risk Assessment | 15–20% | - Risk analysis and prioritization - Risk identification methodologies - Assessment implementation and documentation
|
| Topic 3: Professional Ethics | 5–10% | - ACFE Code of Professional Ethics - Ethical decision-making - Conflicts of interest and integrity
|
| Topic 4: Management's Fraud-Related Responsibilities | 5–10% | - Reporting mechanisms - Establishing anti-fraud policies - Oversight and accountability
|
| Topic 5: White-Collar Crime | 15–20% | - Organizational vs occupational crime - Causal factors and opportunity structures - Impact on organizations and society - Legal prosecution and sanctions - Definition and characteristics
|
| Topic 6: Understanding Criminal Behavior | 5–10% | - Theories of crime causation
- 1. Rational choice and routine activities theory
- 2. Differential association theory
- 3. Social control and social learning theory
- Behavior modification principles
|
| Topic 7: Corporate Governance | 20–25% | - Internal control systems - Roles of board, management, auditors - Governance frameworks and principles
- 1. Treadway Commission (COSO)
- 2. OECD guidelines
|
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CFE-Fraud-Prevention Standard Answers, Valid Braindumps CFE-Fraud-Prevention Ebook
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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q274-Q279):
NEW QUESTION # 274
Fraud risks related to corruption include:
- A. Payment of bribes to procure business
- B. Fraudulent customer payments
- C. Espionage by competitors
- D. Reporting revenue in the wrong accounting period
Answer: A
Explanation:
The ACFE manual lists corruption as a major fraud risk category, including "the payment of bribes to secure business advantages or contracts." Bribery is one of the key examples of corrupt practices addressed by anti-corruption standards.
NEW QUESTION # 275
Susannah Is conducting an external audit of a company In a jurisdiction that is subject to International Standards on Auditing (ISAs). While undertaking her audit procedures, she discovers evidence that senior management has been fraudulently manipulating the financial statements. Which of the following is Susannah's BEST response to these findings?
- A. Susannah should not disclose her findings to any other parties due to client confidentiality.
- B. Susannah should Immediately report her findings to the secunties regulators
- C. Susannah should report her findings to the audit committee of the board of directors.
- D. Susannah should confront management with her audit findings and try to get a confession.
Answer: C
Explanation:
Fraud Discovered During an Audit:
Under ISAs, auditors must communicate findings of fraud to the appropriate governance body, such as the audit committee or board of directors.
This ensures accountability and allows the organization to take appropriate remedial action.
NEW QUESTION # 276
Which of the following is NOT one of the three elements that have the most influence on crime according to the routine activities theory?
- A. The presence of motivated offenders
- B. The lack of societal ethics
- C. The absence of capable guardians
- D. The availability of suitable targets
Answer: B
Explanation:
Routine activities theory holds that crime occurs when three elements converge: (1) a motivated offender, (2) a suitable target, and (3) the absence of a capable guardian. "The lack of societal ethics" is not part of this theoretical model.
NEW QUESTION # 277
Willow, Inc. has a complex organizational structure with many specialized departments. The structure of Willow, Inc. increases the likelihood that fraud will go undetected within the organization.
Answer: B
NEW QUESTION # 278
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 occur more frequently.
- B. The behavior will not be affected by the punishment
- C. The behavior will be permanently suppressed
- D. The behavior will return when punishment ceases
Answer: D
NEW QUESTION # 279
......
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