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ACFE CFE-Fraud-Prevention-and-Deterrence Exam Syllabus Topics:

Topic Details
Topic 1
  • Crime causation, white-collar crime, occupational fraud, fraud prevention, fraud risk assessment, and the ACFE Code of Professional Ethics

Topic 2
  • Demonstrate knowledge of fraud schemes, internal controls to deter fraud and other auditing and accounting matters

Topic 3
  • Demonstrate knowledge of these concepts: basic accounting and auditing theory

Topic 4
  • Demostrate the knowledge of the types of fraudulent financial transactions incurred in accounting records

Topic 5
  • Tests your knowledge of why people commit fraud and what can be done to prevent it


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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q32-Q37):

NEW QUESTION # 32
According to the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Internal Control-integrated Framework (the Framework), there are five interrelated components of a company's internal control. Which of the following is NOT among these five components?

  • A. Control environment
  • B. Monitoring
  • C. Independent oversight
  • D. Information and communication

Answer: C
NEW QUESTION # 33
Which of the following statements is FALSE regarding an organization's fraud risk management program1?

  • A. The responsibility of handling suspected incidences of noncompliance should be delegated to someone outside of the company
  • B. A Formal sanctions for intentional noncompliance should be well-publicized throughout the company
  • C. The program must include mechanisms to monitor and identify breaches in compliance
  • D. There should be measures in place to address failures in the design or operation of anti-fraud controls, as well as fraud occurrervces

Answer: B
NEW QUESTION # 34
According to the differential reinforcement theory, behavior is weakened when positive rewards are gained or punishment is avoided

  • A. True
  • B. False

Answer: A
NEW QUESTION # 35
The International Organization of Securities Commissions' (IOSCO) Principles for Auditor Oversight states that auditor oversight should involve a regular review process designed to ascertain whether audit firms adhere to quality control policies and procedures.

  • A. True
  • B. False

Answer: A
NEW QUESTION # 36
According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO).________Is "a process.
effected by an entity's board of directors, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting, and compliance."

  • A. Operational risk assessment
  • B. Fraud risk management
  • C. Financial reporting
  • D. Internal control

Answer: D
NEW QUESTION # 37
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