Free Access ACFE.CFE-Fraud-Prevention-and-Deterrence.v2025-11-07.q135 Practice Test (Page 24)

Question 111

The findings in the 2020 Report to the Nations include which of the following?

A.Mote occupational frauds are committed by men than by women

B.The most commonly reported red flag displayed by fraud perpetrators prior to the detection of their crime is complaints about management.

C.The majority of fraudsters have been previously punished by an employer for a fraud-related offense

D.The median losses caused by executives are lower than those caused by staff-level employees

Question 112

Which of the following is NOT one of the three general approaches used to control corporate crime?

A.Consumer action to force change

B.Strong intervention of the government

C.Voluntary changes in corporate attitudes and structure

D.Media blacklisting of the organization

Question 113

Management at ABC Corp. is assessing the company's ethical tone and how it affects the organization's fraud risk. To MOST EFFECTIVELY reinforce an anti-fraud culture, management should:

A.Use a checklist of initiatives to make sure all the elements of a strong tone at the lop are in place

B.Create an environment in which employees are dissuaded from challenging management's decisions

C.Visibly adhere to the same set of ethics policies that is required of all employees

D.All of the above

Question 114

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

Question 115

The existence of many specialized departments within a company generally decreases the overall risk of fraud within the organization.