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CFE-Fraud-Prevention-and-Deterrence – Certified Fraud Examiner - Fraud Prevention and Deterrence Exam

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Showing 4–6 of 10 questions

Question 4

Having specialized departments within a company often increases the overall risk ot traud by the organization.

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    True
  • ○

    False
Question 5

Who is ultimately responsible lor ensuring the effectiveness of the organization's anti-fraud program?

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    Internal auditors
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    The compliance function
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    Management
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    External auditors
Question 6

Which of the following statements about the fraud risk assessment process Is MOST ACCURATE?

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    The fraud risk assessment can be effectively conducted by people inside or outside of the organization.
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    To ensure the independence of the team members, a fraud risk assessment must be conducted by a consultant or other external party.
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    If the individuals conducting the fraud risk assessment truly believe that fraud could not happen at the organization, then the assessment process should reflect that belief.
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    The fraud risk assessment is most effective when management's influence on the process is limited