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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 1 Question 16 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 16
Topic #: 1
[All CFE-Fraud-Prevention-and-Deterrence Questions]

International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the prevention and detection of fraud within an organization

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Suggested Answer: B

by Annelle at May 05, 2022, 05:35 PM

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Stevie
6 months ago
I disagree, management should take the lead on fraud prevention.
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Twana
6 months ago
Definitely true, it’s in the standards.
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Willow
6 months ago
Really? I’m surprised to hear that!
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Tracey
6 months ago
I thought it was more of a shared responsibility?
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Lemuel
6 months ago
True, auditors do have that responsibility.
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Malcom
7 months ago
This looks like a tricky one. I'll need to make sure I have a solid understanding of remote access trojans and how to use the thief client before attempting to solve this. I don't want to make any mistakes that could get me in trouble.
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Asha
7 months ago
Okay, I've got this. The false statement is C - XML schemas can definitely be embedded within XML documents.
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Rikki
7 months ago
I remember discussing the execution of code before, but I'm not sure how that applies here. Option C might be relevant, but it feels less focused than B.
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Elliot
7 months ago
This seems like a straightforward pricing question. I'll focus on the key types of prices mentioned - discount, list, and standard.
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