QUESTION: 65

According to International Organization for Standardization (ISO) 31000:2018, an organization's risk management program should be proportionate to the organization's specific operations and objectives.

True
False

Answer(s): A

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QUESTION: 66

Gregory, an internal auditor, and Brandon, the company's purchasing manager, have had several heated disagreements over purchasing procedures and policies. Gregory has just been told that he will be the lead on the company's fraud risk assessment. During the fraud risk assessment. Gregory should:

Confront Brandon about the disagreements and discuss how they increase the organization's risk of fraud-
Have someone else perform the fraud risk assessment work related to the purchasing function
Include his disagreements with Brandon as a factor when assessing the risk of fraud in the purchasing function.
Automatically designate the purchasing function as a high-risk area.

Answer(s): C

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QUESTION: 67

Which of the following is FALSE regarding an organization's anti-fraud policy?

A detailed anti-fraud policy can make it easier to investigate and punish employees who commit fraud and other dishonest acts.
To avoid legal problems in discharging employees, the anti-fraud policy should not include any specific examples of frau and misconduct.
In developing the anti-fraud policy, management should check with legal counsel regarding any legal considerations with respect to the policy.
One of the most important considerations in developing the anti-fraud policy is to ensure every allegation is handled in a uniform manner.

Answer(s): D

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QUESTION: 68

Employee anti-fraud education should:

Include descriptions of the procedures that management uses to detect fraud.
Include examples of prior employee misconduct and how those situations were handled.
Be restricted to formal educational mechanisms to reinforce the importance of the message.
Be presented by organizational executives or anti-fraud professionals only.

Answer(s): B

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Free CFE - Fraud Prevention Exam Braindumps (page: 17)

QUESTION: 65

QUESTION: 66

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QUESTION: 68