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Free CFE-FRAUD-PREVENTION – Acfe CFE-FRAUD-PREVENTION Practice Test Question

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Showing 7–8 of 8 questions

Question 7 (Topic 1)

Which of the following is NOT a way that an organization's fraud risk assessment should be incorporated into the audit process?

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  • ○ It should be used to map existing controls to the moderate-to-high fraud risks identified
  • ○ It should be used to determine areas where the auditors can reduce their awareness of indicators of fraud.
  • ○ It should be used to deliver reports that incorporate the results of the auditors’ validation and testing of the fraud risk controls.
  • ○ It should be used to design audit procedures in a way that enables auditors to look for fraud in known areas of high risk.
Question 8 (Topic 1)

According to the findings in Occupational Fraud 2022: A Report to the Nations, which of the following is TRUE?

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  • ○ Frauds committed by staff-level employees cause higher median losses than those committed by owners and executives.
  • ○ Most fraudsters have previous criminal convictions for fraud-related offenses.
  • ○ An unwillingness to share duties is the most reported red flag displayed by fraud perpetrators prior to the detection of their crime.
  • ○ Men commit significantly more frauds than women do.