Open the auxiliary access

Firefly Open Source Community

   Login   |   Register   |
New_Topic
Firefly Open Source Community › Core Board › Core-3399KJ› ACFE CFE-Fraud-Prevention-and-Deterrence Practice Te ...
New Topic
Print Previous Topic Next Topic

[General] ACFE CFE-Fraud-Prevention-and-Deterrence Practice Test - Latest Preparation Mate

paulwes760

135

Credits

0

Prestige

0

Contribution

registered members

Rank: 2

Credits
135

【General】 ACFE CFE-Fraud-Prevention-and-Deterrence Practice Test - Latest Preparation Mate

Posted at yesterday 15:56      View：7 | Replies：0        Print      Only Author   [Copy Link] 1#
DOWNLOAD the newest BraindumpsIT CFE-Fraud-Prevention-and-Deterrence PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1MN_FgfOAn3TFamEtkn3K4laglhMgqSOh
For the purposes of covering all the current events into our CFE-Fraud-Prevention-and-Deterrence study guide, our company will continuously update our training materials. And after payment, you will automatically become the VIP of our company, therefore you will get the privilege to enjoy free renewal of our CFE-Fraud-Prevention-and-Deterrence practice test during the whole year. No matter when we have compiled a new version of our training materials our operation system will automatically send the latest version of the CFE-Fraud-Prevention-and-Deterrence Preparation materials for the exam to your email, all you need to do is just check your email then download it.
The Certified Fraud Examiner - Fraud Prevention and Deterrence (CFE-Fraud-Prevention-and-Deterrence) Exam is a certification offered by the Association of Certified Fraud Examiners (ACFE). Certified Fraud Examiner - Fraud Prevention and Deterrence Exam certification is designed to equip professionals with the skills and knowledge required to effectively prevent, detect, and deter fraudulent activities within an organization. The CFE-Fraud-Prevention-and-Deterrence Exam is recognized globally and is highly valued by employers looking for professionals with a deep understanding of fraud prevention and detection.
ACFE CFE-Fraud-Prevention-and-Deterrence exam is a challenging but highly rewarding certification exam that is highly respected within the industry. Those who are interested in pursuing a career in fraud prevention and deterrence should strongly consider taking CFE-Fraud-Prevention-and-Deterrence Exam as it is an excellent way to demonstrate their knowledge and expertise in the field.
Earning the CFE-Fraud-Prevention-and-Deterrence certification demonstrates a commitment to ethics and integrity in the workplace, as well as a deep understanding of fraud prevention and deterrence techniques. Certified Fraud Examiner - Fraud Prevention and Deterrence Exam certification is recognized worldwide and can provide a competitive advantage for professionals seeking to advance their careers in fields related to fraud prevention and detection.
ACFE CFE-Fraud-Prevention-and-Deterrence Questions: Defeat Exam Preparation Stress [2026]It is quite clear that many people would like to fall back on the most authoritative company no matter when they have any question about preparing for CFE-Fraud-Prevention-and-Deterrence exam or met with any problem. I am proud to tell you that our company is definitely one of the most authoritative companies in the international market for CFE-Fraud-Prevention-and-Deterrence Exam. What's more, we will provide the most considerate after sale service for our customers in twenty four hours a day seven days a week, therefore, our company is really the best choice for you to buy the CFE-Fraud-Prevention-and-Deterrence training materials.
ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Sample Questions (Q219-Q224):NEW QUESTION # 219
During an external audit, the audit team identifies evidence that management has Intentionally manipulated the organization's reported revenue amount However, the amount of the resulting misstatement does not meet the quantitative materiality threshold for the audit. Which of the following is TRUE regarding this situation?
  • A. The auditors should reconsider the reliability of the audit evidence they have previously obtained.
  • B. The auditors should assume that all audit evidence collected previously is unreliable and withdraw from the audit engagement.
  • C. The auditors should only consider the evidence if they can determine that the actions meet the legal definition of fraud.
  • D. The auditors should regard the misstatement as immatenal to the audit because the omitted amount is less than the quantitative materiality threshold
Answer: A
Explanation:
* Implications of Management Manipulation:
* Intentional manipulation, even if quantitatively immaterial, raises concerns about the reliability of management representations and the integrity of audit evidence.
* Why Option A is Correct:
* Reassessing the reliability of previously obtained evidence ensures that the auditors address potential biases or systemic issues arising from management's actions.
* Analysis of Other Options:
* B. Withdrawing from the audit: Premature unless the issue is pervasive.
* C. Legal definition of fraud: Auditors are not required to meet this threshold for assessing evidence.
* D. Quantitative materiality: Misstatements can be qualitatively material if they indicate intentional manipulation.
* Conclusion:The auditors must reconsider the reliability of evidence due to the qualitative implications of management's actions.
References:Auditing standards and ACFE guidance on assessing audit evidence reliability.

NEW QUESTION # 220
Aaron, a government auditor, is conducting a financial statement audit of a public-sector entity in accordance with the International Standards of Supreme Audit Institutions. Which of the following is TRUE regarding Aaron's consideration of fraud during this engagement?
  • A. Aaron should remain alert for fraud but does not need to consider the potential for abuse or other misconduct during the audit engagement.
  • B. Aaron likely does not have the ability to withdraw from the engagement, even if fraud is identified during the audit.
  • C. Aaron's audit objectives are likely narrower than those of a private-sector financial statement audit.
  • D. Aaron does not need to comply with the requirements found in International Standard on Auditing 240, as they do not apply to the engagement.
Answer: B
Explanation:
According to the ACFE Manual, in public-sector audits conducted under INTOSAI standards, "government auditors might not have the same level of discretion as private auditors to withdraw from engagements when fraud is detected." INTOSAI standards focus more on reporting and public transparency rather than withdrawal.
Reference:ACFE Fraud Examiners Manual, 2020 International Edition -Auditors' Fraud-Related Responsibilities, Section on INTOSAI Standards.

NEW QUESTION # 221
Which of the following is TRUE regarding the communication of the fraud risk assessment process?
  • A. The communication should be made in a format mat is most appropriate for the culture of the organization
  • B. The communication should be visibly disseminated throughout the business
  • C. The more personalized the communication, the more effective it will be in encouraging employees to participate
  • D. All of the above
Answer: D

NEW QUESTION # 222
Devon, an employee at Tilly Corp., repeatedly demonstrates a negative attitude when working with other departments. To address this behavior, Devon's manager tells him that he is no longer allowed to lead cross-departmental projects. This is an example of what type of behavioral response?
  • A. Punishment
  • B. Positive reinforcement
  • C. Negative reinforcement
  • D. None of the above
Answer: A
Explanation:
This scenario is an example of punishment. Punishment involves introducing a consequence (in this case, the loss of responsibility for cross-departmental projects) to discourage undesirable behavior. The manager uses this approach to address Devon's negative attitude and to promote better cooperation with other departments in the future.

NEW QUESTION # 223
During an external audit of an organization's financial statements, Saskia, the external auditor, uncovers significant internal control deficiencies at the organization. She believes these deficiencies could result in a material misstatement of the financial statements. Which of the following should Saskia do regarding these findings?
  • A. Saskia should withdraw from the audit engagement immediately and issue a disclaimer on any prior work performed.
  • B. Saskia should suspend the current audit engagement and begin a new audit focused on the internal control deficiencies.
  • C. Saskia should provide a written communication about her findings to the relevant regulatory agencies.
  • D. Saskia should communicate the deficiencies in writing to those charged with governance.
Answer: D
Explanation:
External auditors are required to report significant deficiencies and material weaknesses in internal control to those charged with governance. The ACFE manual states:
"Auditors must communicate in writing to those charged with governance all significant deficiencies and material weaknesses identified during the audit." Reference: ACFE Fraud Examiners Manual, 2020 International Edition - Auditors' Fraud-Related Responsibilities, Section 4.503.

NEW QUESTION # 224
......
The ACFE CFE-Fraud-Prevention-and-Deterrence practice exam material is available in three different formats i.e ACFE CFE-Fraud-Prevention-and-Deterrence dumps PDF format, web-based practice test software, and desktop CFE-Fraud-Prevention-and-Deterrence practice exam software. PDF format is pretty much easy to use for the ones who always have their smart devices and love to prepare for CFE-Fraud-Prevention-and-Deterrence Exam from them. Applicants can also make notes of printed Certified Fraud Examiner - Fraud Prevention and Deterrence Exam (CFE-Fraud-Prevention-and-Deterrence) exam material so they can use it anywhere in order to pass ACFE CFE-Fraud-Prevention-and-Deterrence Certification with a good score.
CFE-Fraud-Prevention-and-Deterrence Reliable Dumps Questions: https://www.braindumpsit.com/CFE-Fraud-Prevention-and-Deterrence_real-exam.html
DOWNLOAD the newest BraindumpsIT CFE-Fraud-Prevention-and-Deterrence PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1MN_FgfOAn3TFamEtkn3K4laglhMgqSOh
https://www.real4test.com
Reply

Use props Report

Return to List
High mode
B Color Image Link Quote Code Smilies
You need to log in before you can reply Login | Register

This forum Credits Rules

  •  

Service Hotline : (+86)18688117175
Contact us
E-mail : global@t-firefly.com
Copyright © 2014-2022, FIREFLY TECHNOLOGY CO.,LTD. All Rightts Reserved. 粤ICP备14022046号-2
Quick Reply Back to top Back to list