ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 1 Question 67 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam

Question #: 67
Topic #: 1

[All CFE-Fraud-Prevention-and-Deterrence Questions]

Jody has been working at ABC Corp. for ten years. He steals funds from the company and tells himself that the company owes it to him for his "unrewarded hard work and loyalty" This situation BEST illustrates which leg of the Fraud Triangle?

APerceived non-shareable financial need

BRationalization

CPerceived opportunity

DLack of personal Integrity

Show Suggested Answer

Suggested Answer: D

by Gary at Jul 06, 2023, 01:14 AM

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Penney

4 hours ago

Oh man, Jody's got some serious issues! This is a clear-cut case of C) Perceived opportunity. He's exploiting his position to steal from the company. Gotta say, the fraud triangle is a fascinating concept.

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Dorothea

9 days ago

But isn't it also because of perceived opportunity? He saw a chance to take the funds.

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Dick

9 days ago

Hmm, this one's tricky. I think it's B) Rationalization - Jody is trying to justify his actions by convincing himself that he deserves the money. Feels a bit like a trick question, but I'm going with that option.

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