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CFE-Fraud-Prevention-and-Deterrence dumps questions answers

ACFE CFE-Fraud-Prevention-and-Deterrence Dumps

Exam Code:
CFE-Fraud-Prevention-and-Deterrence
Exam Name:
Certified Fraud Examiner - Fraud Prevention and Deterrence Exam
Last Update: Apr 18, 2024
141 Questions
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CFE-Fraud-Prevention-and-Deterrence FAQs

The certification demonstrates expertise in fraud prevention, enhancing credibility and career opportunities in the financial and legal sectors, as opposed to the tech sector focus of Microsoft certifications.

Passing the CFE exam can lead to advancements in careers related to finance, auditing, and risk management, unlike the tech and software development advancements associated with Microsoft certifications.

This certification can lead to roles such as Fraud Examiner, Compliance Officer, or Risk Manager, which differ from the IT-centric roles associated with Microsoft certifications.

Professionals in auditing, accounting, anti-fraud, compliance, and risk management should consider this exam, as opposed to IT professionals who typically pursue Microsoft certifications.

The CFE exam specializes in fraud prevention and ethical business practices, while Microsoft certifications typically address software development, cloud computing, and IT infrastructure management.

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Certified Fraud Examiner - Fraud Prevention and Deterrence Exam Questions and Answers

Questions 1

Professional auditing standards suggest that auditors incorporate an "element of predictability" in the selection of auditing procedures to be performed so that they ensure the same areas are tested in the same manner during each audit.

Options:

A.

True

B.

False

Questions 2

In response to an employee's failure to meet performance expectations, a manager demotes the employee to a junior-level position. This is an example of what type of behavioral response?

Options:

A.

Positive reinforcement

B.

Negative reinforcement

C.

Punishment

D.

None of the above

Questions 3

Which of the following is TRUE regarding prosecutions of white-collar criminals?

Options:

A.

Only a small percentage of perpetrators are punished when an organization deals with a fraud case internally.

B.

Most fraud cases are only handled internally and are not referred to law enforcement for prosecution

C.

The primary reason organizations decline to prosecute fraud cases is a belief that their internal discipline methods are sufficient

D.

When fraud cases are handled internally, an employee is more likely to be suspended or put on probation than to be terminated for their crime.