{"id":115792,"date":"2025-12-08T06:44:13","date_gmt":"2025-12-08T06:44:13","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=115792"},"modified":"2025-12-08T06:44:13","modified_gmt":"2025-12-08T06:44:13","slug":"share-20-more-demo-questions-in-cfe-fraud-prevention-and-deterrence-free-dumps-part-3-q81-q100-help-you-verify-the-v12-03-today","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/share-20-more-demo-questions-in-cfe-fraud-prevention-and-deterrence-free-dumps-part-3-q81-q100-help-you-verify-the-v12-03-today.html","title":{"rendered":"Share 20 More Demo Questions in CFE Fraud Prevention and Deterrence Free Dumps (Part 3, Q81-Q100): Help You Verify the V12.03 Today"},"content":{"rendered":"<p>We promise that with the CFE Fraud Prevention and Deterrence dumps (V12.03) from DumpsBase, you can complete your Certified Fraud Examiner &#8211; Fraud Prevention and Deterrence Exam successfully. In terms of the CFE Fraud Prevention and Deterrence exam preparation, you must learn these updated exam questions and verified exam answers. Before downloading the V12.03, you can check our demos online:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.dumpsbase.com\/freedumps\/cfe-fraud-prevention-and-deterrence-updated-dumps-v12-03-for-preparation-come-here-to-read-the-cfe-fraud-prevention-and-deterrence-free-dumps-part-1-q1-q40-first.html\"><em>CFE Fraud Prevention and Deterrence free dumps (Part 1, Q1-Q40) of V12.03<\/em><\/a><\/li>\n<li><a href=\"https:\/\/www.dumpsbase.com\/freedumps\/master-the-cfe-fraud-prevention-and-deterrence-dumps-v12-03-to-achieve-success-continue-to-check-the-cfe-fraud-prevention-and-deterrence-free-dumps-part-2-q41-q80.html\"><em>CFE Fraud Prevention and Deterrence free dumps (Part 2, Q41-Q80) of V12.03<\/em><\/a><\/li>\n<\/ul>\n<p>From these free demos, you can believe that DumpsBase will be the perfect option for you. The updated CFE Fraud Prevention and Deterrence dumps (V12.03) address every single matter on the actual exam. Trust, taking the CFE Fraud Prevention and Deterrence dumps can help you apparent your uncertainties. Today, we will continue to share 20 more demos to help you check more.<\/p>\n<p><!-- notionvc: 8a8acb55-3c23-40ac-a192-49251600519d --><\/p>\n<h2>Below are our <span style=\"background-color: #ffff99;\"><em>CFE Fraud Prevention and Deterrence free dumps (Part 3, Q81-Q100) of V12.03<\/em><\/span> for reading:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam10214\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-10214\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10214\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-405302'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Which of the following is TRUE regarding the internal audit function's reporting responsibilities pertaining to fraud?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='405302' \/><input type='hidden' id='answerType405302' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405302[]' id='answer-id-1571953' class='answer   answerof-405302 ' value='1571953'   \/><label for='answer-id-1571953' id='answer-label-1571953' class=' answer'><span>The internal audit function should discuss how and when to report fraud-related issues with senior management and the board of directors before such issues arise.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405302[]' id='answer-id-1571954' class='answer   answerof-405302 ' value='1571954'   \/><label for='answer-id-1571954' id='answer-label-1571954' class=' answer'><span>The internal audit function is permitted, but not required, to periodically report about the organization's fraud risks to senior management and the board of directors.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405302[]' id='answer-id-1571955' class='answer   answerof-405302 ' value='1571955'   \/><label for='answer-id-1571955' id='answer-label-1571955' class=' answer'><span>The internal audit function should not disclose the results of its fraud audits to senior management or the board of directors in order to maintain independence.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405302[]' id='answer-id-1571956' class='answer   answerof-405302 ' value='1571956'   \/><label for='answer-id-1571956' id='answer-label-1571956' class=' answer'><span>The internal audit function is not permitted to communicate with the board of directors about fraud, as that is the responsibility of external auditors.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-405303'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Which of the following is NOT a purpose served by a professional organization's code of conduct?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='405303' \/><input type='hidden' id='answerType405303' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405303[]' id='answer-id-1571957' class='answer   answerof-405303 ' value='1571957'   \/><label for='answer-id-1571957' id='answer-label-1571957' class=' answer'><span>It replaces the need for individuals to consult their own conscience.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405303[]' id='answer-id-1571958' class='answer   answerof-405303 ' value='1571958'   \/><label for='answer-id-1571958' id='answer-label-1571958' class=' answer'><span>It facilitates practical enforcement and profession-wide Internal discipline.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405303[]' id='answer-id-1571959' class='answer   answerof-405303 ' value='1571959'   \/><label for='answer-id-1571959' id='answer-label-1571959' class=' answer'><span>It serves as a reference and benchmark for ethical guidance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405303[]' id='answer-id-1571960' class='answer   answerof-405303 ' value='1571960'   \/><label for='answer-id-1571960' id='answer-label-1571960' class=' answer'><span>It provides more direct solutions to professional ethical dilemmas than might exist under general ethical principles<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-405304'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>Formally documenting and communicating organizational hierarchies, including the proper flow of information, can hinder an organization's fraud prevention initiatives.<\/div><input type='hidden' name='question_id[]' id='qID_3' value='405304' \/><input type='hidden' id='answerType405304' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405304[]' id='answer-id-1571961' class='answer   answerof-405304 ' value='1571961'   \/><label for='answer-id-1571961' id='answer-label-1571961' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405304[]' id='answer-id-1571962' class='answer   answerof-405304 ' value='1571962'   \/><label for='answer-id-1571962' id='answer-label-1571962' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-405305'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Black, a Certified Fraud Examiner (CFE). was hired to conduct a fraud examination. He did not find fraud, but. in Black's opinion, the controls he examined were deficient. Under the ACFE Code of Professional Ethics. Black is not permitted to express his opinion on the deficient controls.<\/div><input type='hidden' name='question_id[]' id='qID_4' value='405305' \/><input type='hidden' id='answerType405305' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405305[]' id='answer-id-1571963' class='answer   answerof-405305 ' value='1571963'   \/><label for='answer-id-1571963' id='answer-label-1571963' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405305[]' id='answer-id-1571964' class='answer   answerof-405305 ' value='1571964'   \/><label for='answer-id-1571964' id='answer-label-1571964' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-405306'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO).________Is &quot;a process. <br \/>\r<br>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.&quot;<\/div><input type='hidden' name='question_id[]' id='qID_5' value='405306' \/><input type='hidden' id='answerType405306' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405306[]' id='answer-id-1571965' class='answer   answerof-405306 ' value='1571965'   \/><label for='answer-id-1571965' id='answer-label-1571965' class=' answer'><span>Operational risk assessment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405306[]' id='answer-id-1571966' class='answer   answerof-405306 ' value='1571966'   \/><label for='answer-id-1571966' id='answer-label-1571966' class=' answer'><span>Internal control<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405306[]' id='answer-id-1571967' class='answer   answerof-405306 ' value='1571967'   \/><label for='answer-id-1571967' id='answer-label-1571967' class=' answer'><span>Fraud risk management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405306[]' id='answer-id-1571968' class='answer   answerof-405306 ' value='1571968'   \/><label for='answer-id-1571968' id='answer-label-1571968' class=' answer'><span>Financial reporting<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-405307'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>Jody has been working at ABC Corp. for ten years. He steals funds from the company and tells himself that the company owes it to him for his &quot;unrewarded hard work and loyalty&quot; This situation BEST illustrates which leg of the Fraud Triangle?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='405307' \/><input type='hidden' id='answerType405307' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405307[]' id='answer-id-1571969' class='answer   answerof-405307 ' value='1571969'   \/><label for='answer-id-1571969' id='answer-label-1571969' class=' answer'><span>Perceived non-shareable financial need<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405307[]' id='answer-id-1571970' class='answer   answerof-405307 ' value='1571970'   \/><label for='answer-id-1571970' id='answer-label-1571970' class=' answer'><span>Rationalization<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405307[]' id='answer-id-1571971' class='answer   answerof-405307 ' value='1571971'   \/><label for='answer-id-1571971' id='answer-label-1571971' class=' answer'><span>Perceived opportunity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405307[]' id='answer-id-1571972' class='answer   answerof-405307 ' value='1571972'   \/><label for='answer-id-1571972' id='answer-label-1571972' class=' answer'><span>Lack of personal Integrity<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-405308'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>The findings in the 2020 Report to the Nations include which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='405308' \/><input type='hidden' id='answerType405308' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405308[]' id='answer-id-1571973' class='answer   answerof-405308 ' value='1571973'   \/><label for='answer-id-1571973' id='answer-label-1571973' class=' answer'><span>The most commonly reported red flag displayed by fraud perpetrators prior to the detection of their crime is complaints about management.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405308[]' id='answer-id-1571974' class='answer   answerof-405308 ' value='1571974'   \/><label for='answer-id-1571974' id='answer-label-1571974' class=' answer'><span>Mote occupational frauds are committed by men than by women<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405308[]' id='answer-id-1571975' class='answer   answerof-405308 ' value='1571975'   \/><label for='answer-id-1571975' id='answer-label-1571975' class=' answer'><span>The median losses caused by executives are lower than those caused by staff-level employees<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405308[]' id='answer-id-1571976' class='answer   answerof-405308 ' value='1571976'   \/><label for='answer-id-1571976' id='answer-label-1571976' class=' answer'><span>The majority of fraudsters have been previously punished by an employer for a fraud-related offense<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-405309'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>While, a Certified Fraud Examiner (CFE). was hired to conduct a fraud examination She did not find fraud, but. In White's opinion, there were several internal control deficiencies that, if not remediated, could facilitate the occurrence of fraud Under the ACFE Code of Professional Ethics. White may include her opinion on the controls in her report to management.<\/div><input type='hidden' name='question_id[]' id='qID_8' value='405309' \/><input type='hidden' id='answerType405309' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405309[]' id='answer-id-1571977' class='answer   answerof-405309 ' value='1571977'   \/><label for='answer-id-1571977' id='answer-label-1571977' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405309[]' id='answer-id-1571978' class='answer   answerof-405309 ' value='1571978'   \/><label for='answer-id-1571978' id='answer-label-1571978' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-405310'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>According to the differential reinforcement theory, behavior is weakened when positive rewards are gained or punishment is avoided.<\/div><input type='hidden' name='question_id[]' id='qID_9' value='405310' \/><input type='hidden' id='answerType405310' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405310[]' id='answer-id-1571979' class='answer   answerof-405310 ' value='1571979'   \/><label for='answer-id-1571979' id='answer-label-1571979' class=' answer'><span>True<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405310[]' id='answer-id-1571980' class='answer   answerof-405310 ' value='1571980'   \/><label for='answer-id-1571980' id='answer-label-1571980' class=' answer'><span>False<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-405311'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>Which of the following is NOT a factor that directors and management should consider when developing a corporate governance framework for an organization?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='405311' \/><input type='hidden' id='answerType405311' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405311[]' id='answer-id-1571981' class='answer   answerof-405311 ' value='1571981'   \/><label for='answer-id-1571981' id='answer-label-1571981' class=' answer'><span>The legal and regulatory environment in which the organization operates<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405311[]' id='answer-id-1571982' class='answer   answerof-405311 ' value='1571982'   \/><label for='answer-id-1571982' id='answer-label-1571982' class=' answer'><span>The ability of the framework to remain static during changes in the corporate landscape<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405311[]' id='answer-id-1571983' class='answer   answerof-405311 ' value='1571983'   \/><label for='answer-id-1571983' id='answer-label-1571983' class=' answer'><span>The organization's ethical environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405311[]' id='answer-id-1571984' class='answer   answerof-405311 ' value='1571984'   \/><label for='answer-id-1571984' id='answer-label-1571984' class=' answer'><span>The organization's cultural environment<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-405312'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>Which of the following is an example of organizational crime?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='405312' \/><input type='hidden' id='answerType405312' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405312[]' id='answer-id-1571985' class='answer   answerof-405312 ' value='1571985'   \/><label for='answer-id-1571985' id='answer-label-1571985' class=' answer'><span>A salesman offering bribes to secure a contract<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405312[]' id='answer-id-1571986' class='answer   answerof-405312 ' value='1571986'   \/><label for='answer-id-1571986' id='answer-label-1571986' class=' answer'><span>An accounting clerk forging company checks to herself<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405312[]' id='answer-id-1571987' class='answer   answerof-405312 ' value='1571987'   \/><label for='answer-id-1571987' id='answer-label-1571987' class=' answer'><span>A doctor conspiring with patients to Tile false health care insurance claims<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405312[]' id='answer-id-1571988' class='answer   answerof-405312 ' value='1571988'   \/><label for='answer-id-1571988' id='answer-label-1571988' class=' answer'><span>Management of several construction companies engaging In bid rigging<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-405313'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Which of the following is FALSE regarding a fraud risk assessment?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='405313' \/><input type='hidden' id='answerType405313' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405313[]' id='answer-id-1571989' class='answer   answerof-405313 ' value='1571989'   \/><label for='answer-id-1571989' id='answer-label-1571989' class=' answer'><span>The objective of the assessment is to help the organization identify what makes it most vulnerable to fraud.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405313[]' id='answer-id-1571990' class='answer   answerof-405313 ' value='1571990'   \/><label for='answer-id-1571990' id='answer-label-1571990' class=' answer'><span>The assessment should be used to improve employee fraud awareness<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405313[]' id='answer-id-1571991' class='answer   answerof-405313 ' value='1571991'   \/><label for='answer-id-1571991' id='answer-label-1571991' class=' answer'><span>The assessment team should consider how employees behave as part of its assessment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405313[]' id='answer-id-1571992' class='answer   answerof-405313 ' value='1571992'   \/><label for='answer-id-1571992' id='answer-label-1571992' class=' answer'><span>The designation of an area as high risk should only occur if the assessment has conclusively revealed that fraud is occurring there.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-405314'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>During a fraud risk assessment, the assessment team is seeking information on the ethical tone set by upper and middle managers. The team members determine that, for this task, they would like to get candid one-on-one feedback from employees away from their peers. <br \/>\r<br>Which of the following techniques would be most helpful for them to use in gathering this information?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='405314' \/><input type='hidden' id='answerType405314' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405314[]' id='answer-id-1571993' class='answer   answerof-405314 ' value='1571993'   \/><label for='answer-id-1571993' id='answer-label-1571993' class=' answer'><span>Interviews<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405314[]' id='answer-id-1571994' class='answer   answerof-405314 ' value='1571994'   \/><label for='answer-id-1571994' id='answer-label-1571994' class=' answer'><span>Focus groups<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405314[]' id='answer-id-1571995' class='answer   answerof-405314 ' value='1571995'   \/><label for='answer-id-1571995' id='answer-label-1571995' class=' answer'><span>Anonymous feedback mechanisms<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405314[]' id='answer-id-1571996' class='answer   answerof-405314 ' value='1571996'   \/><label for='answer-id-1571996' id='answer-label-1571996' class=' answer'><span>Surveys<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-405315'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>Green, a Certified Fraud Examiner (CFE). had an ethical dilemma regarding her business contract with her professional partners. <br \/>\r<br>Which of the following sources of guidance would be considered the lowest level of reference to help Green in determining the most ethical course of action?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='405315' \/><input type='hidden' id='answerType405315' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405315[]' id='answer-id-1571997' class='answer   answerof-405315 ' value='1571997'   \/><label for='answer-id-1571997' id='answer-label-1571997' class=' answer'><span>Contract law<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405315[]' id='answer-id-1571998' class='answer   answerof-405315 ' value='1571998'   \/><label for='answer-id-1571998' id='answer-label-1571998' class=' answer'><span>Guidance from her family and friends<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405315[]' id='answer-id-1571999' class='answer   answerof-405315 ' value='1571999'   \/><label for='answer-id-1571999' id='answer-label-1571999' class=' answer'><span>The ACFE Code of Professional Ethics<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405315[]' id='answer-id-1572000' class='answer   answerof-405315 ' value='1572000'   \/><label for='answer-id-1572000' id='answer-label-1572000' class=' answer'><span>Philosophical principles related to ethics<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-405316'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>Which of the following statements regarding recommended vendor due diligence procedures is MOST ACCURATE?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='405316' \/><input type='hidden' id='answerType405316' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405316[]' id='answer-id-1572001' class='answer   answerof-405316 ' value='1572001'   \/><label for='answer-id-1572001' id='answer-label-1572001' class=' answer'><span>An organization should subject vendors to an internal audit conducted by the organization's own auditors before agreeing to do business with them.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405316[]' id='answer-id-1572002' class='answer   answerof-405316 ' value='1572002'   \/><label for='answer-id-1572002' id='answer-label-1572002' class=' answer'><span>An organization should avoid revealing that it is seeking information about potential vendors prior to starting a relationship with them.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405316[]' id='answer-id-1572003' class='answer   answerof-405316 ' value='1572003'   \/><label for='answer-id-1572003' id='answer-label-1572003' class=' answer'><span>An organization should request that new vendors fill out a questionnaire about their background immediately after signing a contract with them.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405316[]' id='answer-id-1572004' class='answer   answerof-405316 ' value='1572004'   \/><label for='answer-id-1572004' id='answer-label-1572004' class=' answer'><span>An organization should include a clause in the contract requiring the vendor to report any misconduct before entering into an agreement with them.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-405317'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Blue. Inc. is a specialty retailer of customized shipping containers. The company receives a very large order from Green Company, a new customer from a country that is known to have high corruption risks. <br \/>\r<br>Which of the following is MOST ACCURATE regarding the due diligence procedures Blue should perform on Green before proceeding with this transaction?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='405317' \/><input type='hidden' id='answerType405317' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405317[]' id='answer-id-1572005' class='answer   answerof-405317 ' value='1572005'   \/><label for='answer-id-1572005' id='answer-label-1572005' class=' answer'><span>Blue should consider Green's expected purchasing pattern and method of payment in determining whether to accept the transaction.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405317[]' id='answer-id-1572006' class='answer   answerof-405317 ' value='1572006'   \/><label for='answer-id-1572006' id='answer-label-1572006' class=' answer'><span>Blue only needs to undertake due diligence procedures if Green is requesting to pay on credit.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405317[]' id='answer-id-1572007' class='answer   answerof-405317 ' value='1572007'   \/><label for='answer-id-1572007' id='answer-label-1572007' class=' answer'><span>Blue should perform the same level of due diligence as it would for any other customer to avoid claims of discrimination.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405317[]' id='answer-id-1572008' class='answer   answerof-405317 ' value='1572008'   \/><label for='answer-id-1572008' id='answer-label-1572008' class=' answer'><span>Blue does not need to undertake any specific due diligence procedures for this transaction.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-405318'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Which principle of corporate governance pertains to the disclosure of all material matters that the shareholders need to make timely and informed decisions regarding their investment in the company?<\/div><input type='hidden' name='question_id[]' id='qID_17' value='405318' \/><input type='hidden' id='answerType405318' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405318[]' id='answer-id-1572009' class='answer   answerof-405318 ' value='1572009'   \/><label for='answer-id-1572009' id='answer-label-1572009' class=' answer'><span>Transparency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405318[]' id='answer-id-1572010' class='answer   answerof-405318 ' value='1572010'   \/><label for='answer-id-1572010' id='answer-label-1572010' class=' answer'><span>Fairness<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405318[]' id='answer-id-1572011' class='answer   answerof-405318 ' value='1572011'   \/><label for='answer-id-1572011' id='answer-label-1572011' class=' answer'><span>Responsibility<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405318[]' id='answer-id-1572012' class='answer   answerof-405318 ' value='1572012'   \/><label for='answer-id-1572012' id='answer-label-1572012' class=' answer'><span>Accountability<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-405319'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>The internal auditor's fraud-related responsibilities include which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='405319' \/><input type='hidden' id='answerType405319' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405319[]' id='answer-id-1572013' class='answer   answerof-405319 ' value='1572013'   \/><label for='answer-id-1572013' id='answer-label-1572013' class=' answer'><span>Obtaining reasonable assurance that the organization's financial statements are free of material misstatements caused by fraud<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405319[]' id='answer-id-1572014' class='answer   answerof-405319 ' value='1572014'   \/><label for='answer-id-1572014' id='answer-label-1572014' class=' answer'><span>Overseeing management's actions to manage fraud risks<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405319[]' id='answer-id-1572015' class='answer   answerof-405319 ' value='1572015'   \/><label for='answer-id-1572015' id='answer-label-1572015' class=' answer'><span>Evaluating indicators of fraud and deciding whether any further action is necessary or whether an investigation should be recommended<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405319[]' id='answer-id-1572016' class='answer   answerof-405319 ' value='1572016'   \/><label for='answer-id-1572016' id='answer-label-1572016' class=' answer'><span>Establishing and maintaining effective anti-fraud controls at a reasonable cost<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-405320'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Glenda. an internal auditor, and Brldgette. an accounts receivable clerk, have had several heated disagreements over accounting procedures and policies. Glenda has just been told that she will be the lead on the company's fraud risk assessment. <br \/>\r<br>During the fraud risk assessment. Glenda should:<\/div><input type='hidden' name='question_id[]' id='qID_19' value='405320' \/><input type='hidden' id='answerType405320' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405320[]' id='answer-id-1572017' class='answer   answerof-405320 ' value='1572017'   \/><label for='answer-id-1572017' id='answer-label-1572017' class=' answer'><span>Confront Bridgette about the disagreements and discuss how they increase the department's risk of fraud.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405320[]' id='answer-id-1572018' class='answer   answerof-405320 ' value='1572018'   \/><label for='answer-id-1572018' id='answer-label-1572018' class=' answer'><span>Include her disagreements with Bridgette as a factor when assessing the risk of fraud in the accounts receivable department.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405320[]' id='answer-id-1572019' class='answer   answerof-405320 ' value='1572019'   \/><label for='answer-id-1572019' id='answer-label-1572019' class=' answer'><span>Automatically designate the accounts receivable department as a high-risk area.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405320[]' id='answer-id-1572020' class='answer   answerof-405320 ' value='1572020'   \/><label for='answer-id-1572020' id='answer-label-1572020' class=' answer'><span>Have someone else perform the fraud risk assessment work related to the accounts receivable department's activities.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-405321'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>During an external audit, the audit team identifies evidence that management has intentionally omitted some expenses from the company's financial statements in order to conceal an asset misappropriation scheme. However, the amount of the resulting misstatement does not meet the quantitative materiality threshold for the audit. <br \/>\r<br>Which of the following is TRUE regarding this situation?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='405321' \/><input type='hidden' id='answerType405321' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405321[]' id='answer-id-1572021' class='answer   answerof-405321 ' value='1572021'   \/><label for='answer-id-1572021' id='answer-label-1572021' class=' answer'><span>The auditors should assume that all audit evidence collected previously is unreliable and withdraw from the audit engagement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405321[]' id='answer-id-1572022' class='answer   answerof-405321 ' value='1572022'   \/><label for='answer-id-1572022' id='answer-label-1572022' class=' answer'><span>The auditors should assess the need to adjust the nature, timing, and extent of remaining audit procedures based on this evidence.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405321[]' id='answer-id-1572023' class='answer   answerof-405321 ' value='1572023'   \/><label for='answer-id-1572023' id='answer-label-1572023' class=' answer'><span>The auditors can ignore the misstatement because the omitted amount is less than the quantitative materiality threshold and therefore immaterial to the audit.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-405321[]' id='answer-id-1572024' class='answer   answerof-405321 ' value='1572024'   \/><label for='answer-id-1572024' id='answer-label-1572024' class=' answer'><span>The auditors do not need to be concerned with this evidence, as asset misappropriation schemes are not considered relevant or material for external audit purposes.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-21'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons10214\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; Previous\" onclick=\"WatuPRO.nextQuestion(event, 'previous');\"\/><\/div>\t\t  \t\t  \t\t   \n\t\t   \t  \t\t<div><input type=\"button\" name=\"action\" class=\"watupro-submit-button\" onclick=\"WatuPRO.submitResult(event)\" id=\"action-button\" value=\"View Results\"  \/>\n\t\t<\/div>\n\t\t<\/div>\n\t\t\n\t<input type=\"hidden\" name=\"quiz_id\" value=\"10214\" id=\"watuPROExamID\"\/>\n\t<input type=\"hidden\" name=\"start_time\" id=\"startTime\" value=\"2026-04-30 05:47:35\" \/>\n\t<input type=\"hidden\" name=\"start_timestamp\" id=\"startTimeStamp\" value=\"1777528055\" \/>\n\t<input type=\"hidden\" name=\"question_ids\" value=\"\" \/>\n\t<input type=\"hidden\" name=\"watupro_questions\" value=\"405302:1571953,1571954,1571955,1571956 | 405303:1571957,1571958,1571959,1571960 | 405304:1571961,1571962 | 405305:1571963,1571964 | 405306:1571965,1571966,1571967,1571968 | 405307:1571969,1571970,1571971,1571972 | 405308:1571973,1571974,1571975,1571976 | 405309:1571977,1571978 | 405310:1571979,1571980 | 405311:1571981,1571982,1571983,1571984 | 405312:1571985,1571986,1571987,1571988 | 405313:1571989,1571990,1571991,1571992 | 405314:1571993,1571994,1571995,1571996 | 405315:1571997,1571998,1571999,1572000 | 405316:1572001,1572002,1572003,1572004 | 405317:1572005,1572006,1572007,1572008 | 405318:1572009,1572010,1572011,1572012 | 405319:1572013,1572014,1572015,1572016 | 405320:1572017,1572018,1572019,1572020 | 405321:1572021,1572022,1572023,1572024\" \/>\n\t<input type=\"hidden\" name=\"no_ajax\" value=\"0\">\t\t\t<\/form>\n\t<p>&nbsp;<\/p>\n<\/div>\n\n<script type=\"text\/javascript\">\n\/\/jQuery(document).ready(function(){\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \t\nvar question_ids = \"405302,405303,405304,405305,405306,405307,405308,405309,405310,405311,405312,405313,405314,405315,405316,405317,405318,405319,405320,405321\";\nWatuPROSettings[10214] = {};\nWatuPRO.qArr = question_ids.split(',');\nWatuPRO.exam_id = 10214;\t    \nWatuPRO.post_id = 115792;\nWatuPRO.store_progress = 0;\nWatuPRO.curCatPage = 1;\nWatuPRO.requiredIDs=\"0\".split(\",\");\nWatuPRO.hAppID = \"0.64040800 1777528055\";\nvar url = \"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/show_exam.php\";\nWatuPRO.examMode = 1;\nWatuPRO.siteURL=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-admin\/admin-ajax.php\";\nWatuPRO.emailIsNotRequired = 0;\nWatuPROIntel.init(10214);\nWatuPRO.inCategoryPages=1;});    \t \n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>We promise that with the CFE Fraud Prevention and Deterrence dumps (V12.03) from DumpsBase, you can complete your Certified Fraud Examiner &#8211; Fraud Prevention and Deterrence Exam successfully. In terms of the CFE Fraud Prevention and Deterrence exam preparation, you must learn these updated exam questions and verified exam answers. Before downloading the V12.03, you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11529,11530],"tags":[20543,20542],"class_list":["post-115792","post","type-post","status-publish","format-standard","hentry","category-acfe","category-certified-fraud-examiner","tag-certified-fraud-examiner-fraud-prevention-and-deterrence-exam","tag-cfe-fraud-prevention-and-deterrence-exam-preparation"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/115792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=115792"}],"version-history":[{"count":1,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/115792\/revisions"}],"predecessor-version":[{"id":115793,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/115792\/revisions\/115793"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=115792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=115792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=115792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}