ACFE CFE-Fraud-Prevention-and-Deterrence Quiz 12 Topic 1 Questions 56-60

Question: 1

According to the 2018 Report to the Nations, which of the following is the most common method by which frauds are detected?

AConfession

BExternal audit

CTips

DInternal audit

Show Answer

Question: 2

Which of the following statements is FALSE regarding an organization's fraud risk management program1?

AA Formal sanctions for intentional noncompliance should be well-publicized throughout the company

BThere should be measures in place to address failures in the design or operation of anti-fraud controls, as well as fraud occurrervces

CThe program must include mechanisms to monitor and identify breaches in compliance

DThe responsibility of handling suspected incidences of noncompliance should be delegated to someone outside of the company

Show Answer

Question: 3

Criminologist Charles McCaghy has slated that profit pressure is the single most compelling factor behind deviance by organizations

ATrue

BFalse

Show Answer

Question: 4

Which of the following is NOT a responsibility of the organization s board of directors?

AActing as guardians of the organization s resources and assets

BManaging the performance of employees charged with carrying out business activities

CAssessing the strategy and underlying purpose of management's decisions and actions

DServing as the middlemen between shareholders and management

Show Answer

Question: 5

Which of the following theories suggests that, when considering the possibility of violating a law. people are likely to ask themselves. 'What would my family and friends think if they find out?

ACognitive theory

BSocial control theory

CBehavioral theory

DRoutine activities theory

Show Answer

ACFE CFE-Fraud-Prevention-and-Deterrence Quiz:12 Topic:1 Questions:56-60