Free CFE - Fraud Prevention Exam Braindumps (page: 11)

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Jenny is a highly respected employee at XYZ Corp. Her husband's gambling addiction has caused them to have a significant amount of debt. Jenny begins stealing money from the company to cover her husband's gambling losses. This situation best illustrates which leg of the Fraud Triangle?

  1. Rationalization
  2. Perceived opportunity
  3. Perceived acquiescence
  4. Perceived non-shareable financial need

Answer(s): A



The objectives of a fraud risk management program include:

  1. Proactively identifying fraud risks
  2. Limiting the damage caused by fraud occurrences
  3. Punishing fraud perpetrators
  4. All of the above

Answer(s): D



Which of the following theories suggests that, when considering the possibility of violating a law. people are likely to ask themselves. "What will my spouse think if they find out?"

  1. Social control theory
  2. Operant theory
  3. Cognitive theory
  4. Behavioral theory

Answer(s): A



According to the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Internal Control-- Integrated Framework (the Framework), there are five interrelated components of a company's internal control.
Which of the following is NOT among these five components?

  1. Control activities
  2. Ethical culture
  3. Risk assessment
  4. Monitoring

Answer(s): B



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Post your Comments and Discuss ACFE CFE - Fraud Prevention exam with other Community members:

Renjith Raj commented on December 31, 2024
very good questions
Anonymous
upvote

yemane commented on December 06, 2024
Good for exam preparation
Anonymous
upvote