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NEW QUESTION 21
Which of the following is a detective anti-fraud control?

  • A. Fraud awareness training
  • B. Independent reconciliations
  • C. Hiring policies and procedures
  • D. Separation of duties

Answer: D

 

NEW QUESTION 22
Which of the following principles of corporate governance pertains to the duty of the organization to act in the best interest of society?

  • A. Fairness
  • B. Responsibility
  • C. Transparency
  • D. Accountability

Answer: A

 

NEW QUESTION 23
Which of the following would MOST LIKELY be a violation of the ACFE Code of Professional Ethics?

  • A. Vivian, a CFE, accepted an assignment to conduct a fraud examination within a manufacturing company. Because she was in a hurry to complete the investigation, she overlooked key items of evidence and ended up failing to uncover a major fraud scheme.
  • B. Tom, a CFE, was hired by a client to conduct a fraud examination but found nothing amiss. A year later, he received a court order to provide the client's file to the ordering court. Tom complied with the court order, even though he did not have the client's authorization to do so.
  • C. All of the above are violations.
  • D. Rodrigo. a CFE. uncovered several material Internal control deficiencies unrelated to the Kickback scheme he was Investigating. In his final report to management. Rodrigo included information about the deficiencies even though they were unrelated to the situation he was hired to investigate.

Answer: A

 

NEW QUESTION 24
According to the authors of Crimes of the Middle Classes, all of the following factors have contributed to the rising problem of economic crime EXCEPT:

  • A. The economy's increased reliance on credit
  • B. The increased constraints of the regulatory environment for businesses
  • C. The increased opportunity for wrongdoing as a result of advancing information technologies
  • D. The continued pressures of a culture that rewards affluence and success

Answer: B

 

NEW QUESTION 25
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