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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 1 Question 84 Discussion

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

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 1 Question 84 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 84
Topic #: 1
[All CFE-Fraud-Prevention-and-Deterrence Questions]

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:

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Suggested Answer: B

by Alana at May 18, 2024, 07:06 AM

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Pamella
6 months ago
B could work, but it feels like avoiding the problem.
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Lavonne
6 months ago
Wait, is it really that simple? Surprised by the options here.
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Verda
7 months ago
D seems too extreme. Not all purchasing is high-risk.
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Louann
7 months ago
I disagree, A is the way to go. Confrontation can clear the air!
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Eun
7 months ago
C makes the most sense. Gotta consider the disagreements.
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Magda
7 months ago
I recall that automatically labeling a function as high-risk without evidence isn't a good practice, so option D seems wrong to me. It feels like it could lead to unfair assumptions.
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Jacob
8 months ago
I practiced a similar question where the auditor had to navigate conflicts, and I feel like option B could be a safe choice to avoid further conflict, but it might not be thorough.
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Vanda
8 months ago
I think option C makes sense because personal disagreements could definitely impact the risk assessment, but I wonder if it could bias the results.
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Jamie
8 months ago
I remember discussing the importance of communication in fraud assessments, so option A might be a good approach, but I'm not sure if confronting Brandon is the best way to handle it.
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Lauran
8 months ago
This question is making me a little nervous. I want to make sure I handle it professionally and objectively. I think I'll include the disagreements as a factor, but avoid any direct confrontation with Brandon.
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Maynard
8 months ago
Automatically designating the purchasing function as high-risk seems a bit extreme to me. I think the best approach is to carefully consider the disagreements with Brandon as part of the overall fraud risk assessment.
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Celestine
8 months ago
Hmm, I'm a bit confused on this one. Should I just have someone else do the purchasing part to avoid any bias? Or should I include the disagreements as a factor in the risk assessment?
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Maryann
8 months ago
This is a tricky one. I'm not sure if I should confront Brandon directly or try to stay objective. I'll need to think carefully about how to handle the personal disagreements.
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Alfreda
8 months ago
I've got this! The key is to include the disagreements as a factor when assessing the fraud risk in the purchasing function. That way, I can be objective and thorough in my assessment.
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Cristina
8 months ago
Okay, I've got this. The key is finding a compensation method that aligns organizational goals with individual employee motivation. I think profit sharing is the best option here.
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Ernestine
8 months ago
I'm a bit confused by this question. I'll need to review the field visibility and security settings to figure out what could be causing this.
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Latosha
1 year ago
I'm just picturing Gregory and Brandon having a heated debate in the middle of the fraud assessment. Like, 'No, you're the one who's cooking the books!' *throws stapler*
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Mitsue
1 year ago
D? Automatically high-risk? Wow, talk about jumping to conclusions. Gregory's got to be more diplomatic than that. C is the way to go, for sure.
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Ezekiel
1 year ago
Ah, C is the clear winner here. Gregory's got to be smart about this and use the disagreements to his advantage. After all, 'keep your friends close and your enemies closer', right?
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Jamal
11 months ago
A: C is definitely the best option for Gregory in this situation.
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Valentin
12 months ago
B: I agree, it's important for Gregory to be strategic and handle the situation carefully.
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Denae
1 year ago
A: Gregory should definitely use his disagreements with Brandon to his advantage during the fraud risk assessment.
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Terrilyn
1 year ago
What? Confront Brandon? No way, that's just asking for trouble. B is the best option - have someone else handle the purchasing function to avoid any bias or conflict.
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Francoise
12 months ago
That way we can ensure there's no bias or conflict.
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Rebbecca
12 months ago
I agree, it's better to have someone else handle purchasing.
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Thaddeus
1 year ago
Let's not make things worse by confronting Brandon.
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Elly
1 year ago
I think including the disagreements with Brandon in the risk assessment is crucial.
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Marylin
1 year ago
I think C is the way to go. Gregory should include the disagreements as a factor when assessing the fraud risk. That's the most objective and professional approach.
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Margart
1 year ago
Definitely. It shows professionalism and objectivity in the assessment process.
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Elena
1 year ago
That sounds like a fair approach. It's important to consider all factors when assessing fraud risk.
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Sherita
1 year ago
C) Include his disagreements with Brandon as a factor when assessing the risk of fraud in the purchasing function.
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Wai
1 year ago
A) Confront Brandon about the disagreements and discuss how they increase the organization's risk of fraud
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Rodolfo
1 year ago
I agree with Shaniqua. It's important to address any potential risks.
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Shaniqua
1 year ago
I think Gregory should confront Brandon about the disagreements.
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