Free ACFE CFE-Fraud-Prevention Practice Test & Real Exam Questions
Maria conducted a fraud examination that led to a valid confession of guilt from Rita. In Maria's verbal report to her superiors, she stated that, in her opinion. "Rita is guilty of embezzlement." Maria has just violated the ACFE Code of Professional Ethics.
Correct Answer: B
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International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the establishment of anti-fraud internal controls within an organization.
Correct Answer: A
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The objective of anti-fraud controls is to:
Correct Answer: C
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Which of the following is FALSE regarding the fraud risk assessment learn?
Correct Answer: D
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According to Diane Vaughan, which of the following factors increases an organization's inherent inclination toward committing crime?
Correct Answer: A
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A government auditor is conducting a financial statement audit of a public-sector entity in accordance with the International Standards of Supreme Audit Institutions (ISSAI). Which of the following is TRUE regarding the auditor's consideration of fraud during this engagement?
Correct Answer: B
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Baldwin, a Certified Fraud Examiner (CFE), has an ethical dilemma regarding his business contract with his professional partners. Which of the following scenarios demonstrates Baldwin consulting a source of guidance that would be considered the LOWEST level of reference to use for determining the most ethical action to take?
Correct Answer: A
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Which of the following factors is the determining aspect of white-collar crime according to modern criminological studies?
Correct Answer: B
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Article II of the ACFE Code of Professional Ethics prohibits illegal or unethical conduct, but It allows exceptions for unknowing violations of the law.
Correct Answer: A
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