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

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

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
7 months ago
I disagree, management should take the lead on fraud prevention.
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Twana
7 months ago
Definitely true, it’s in the standards.
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Willow
8 months ago
Really? I’m surprised to hear that!
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Tracey
8 months ago
I thought it was more of a shared responsibility?
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Lemuel
8 months ago
True, auditors do have that responsibility.
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Malcom
8 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
8 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
8 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
8 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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