Certified fraud examiner - Study guides, Class notes & Summaries

CFE - Fraud Risk Assessment Section Questions and Answers 100% Correct Under the ACFE Code of Professional Ethics, fraud examiners are strictly prohibited from accepting assignments to uncover fraud in a company in which they have a major interest. A. True B. False B (Article II of the ACFE Code of Professional Ethics states: "An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disc...

FOR3703 PORTFOLIO ANSWERS DUE 24 MAY 2024. Most fraud is committed online around the world. In 2021, during the Covid pandemic when people were stuck inside their houses, the Federal Trade Commission (FTC) reported the increase of 70% in consumer reports compared to 2020. The consumers lost a total of 5.8 billion rands to impostor scams and online shopping scams. As the fraudsters do not only target consumers, they also frequently target businesses in South Africa. The Association of Certified...

System log - Answer-System logs record events executed on an operating system, including miscellaneous events and those generated during system startup, like hardware and controller failures. Common types of system events include starting up and shutting down, configuration updates, and system crashes Open questions - Answer-Open questions are those worded in a way that makes it difficult for the respondent to answer "yes" or "no." Also, the answer to an open question is not dependent o...

Fraud Prevention and Deterrence Test An entity's corporate culture is most effectively assessed using a checklist of initiatives to make sure all the elements of a strong tone at the top are in place. A. True B. False - False A strong corporate culture can most often be observed by its outcome, rather than by any individual component. Fostering a culture of ethics and compliance runs deeper than simply implementing a checklist of initiatives; similarly, a culture of corruption ca...

Certified Fraud Examiner (CFE) set 1 from ACFE Exam @ 2023...

Securities Fraud - Overview - Law - CFE Certified Fraud Examiner Examination Preparation Course 2024 A+ Graded

Fraud Examiners do not enjoy privileged communication with clients T/F - Answer- True A Certified Fraud Examiner shall reveal all material matters discovered during the course of an examination, which, if omitted, could cause a distortion of the facts. T/F - Answer- True How many hours of continuing professional education are required to maintain CFE status every year - Answer- 20 All of the following are CFE standards of professional conduct, EXCEPT: Professional Competence C...

The fraud risk management program should include the formal procedures management takes in response to a fraud, such as punishing the perpetrator, remediating the control weaknesses that allowed the fraud to occur, and rebuilding stakeholders' confidence in the organization. - Answer- True Which of the following parties is responsible for directing employees to carry out business activities and managing their performance of those tasks? - Answer- Management To be considered a profession, ...

What iis accounting? correct answers An information and measurement system that identifies, records, and communicates information about business information. Also known as the language of business 3 parts of accounting correct answers Identifying: select transactions and events Recording: input, measure, and log Communicating: prepare, analyze, and interpret Record/Bookkeeping correct answers most common with accounting, the recording part of acc., technology helps reduce time and effort...