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ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 1 Question 100 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 100
Topic #: 1
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is one of the recommendations made by the National Commission on Fraudulent Financial Reporting (the Treadway Commission) to reduce the probability of fraud in financial reports?

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Suggested Answer: B

Contribute your Thoughts:

Elvis
3 days ago
Option D seems like the most comprehensive approach to addressing the issue. An independent audit committee can provide an objective assessment and oversight to reduce the likelihood of fraud.
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Leonardo
11 days ago
I'm not sure, but I think C) Develop a written charter for management could also be a good recommendation to prevent fraud.
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Josefa
13 days ago
I agree with Tyisha. Having an independent audit committee can help ensure transparency and reduce the risk of fraud.
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Tyisha
18 days ago
I think the answer is D) Have a mandatory independent audit committee.
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