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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 17 Discussion

Which of the following is FALSE regarding a fraud risk assessment?
B) The objective of the assessment is to provide an estimate of the organization s fraud losses
A) The designation of an area as being high risk does not conclusively mean that fraud is occurring there
C) The assessment should be used to improve employee fraud awareness
D) The assessment team should consider how employees behave as part of its assessment

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 17 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 17
Topic #: 2
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is FALSE regarding a fraud risk assessment?

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Suggested Answer: B

by Avery at May 04, 2022, 08:15 PM

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Myra
7 months ago
D makes sense, employee behavior is crucial to assess!
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Dorethea
7 months ago
C is definitely true, awareness is key!
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Katie
8 months ago
Wait, are we sure B is false? Seems like it should be part of the assessment.
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Lachelle
8 months ago
Totally agree, just because it’s high risk doesn’t mean it’s happening!
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Lisbeth
8 months ago
A is true, high risk doesn’t mean fraud is happening.
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Sherell
8 months ago
Hmm, I'm a bit unsure about this one. I know what-if analysis is, but I'm not sure if I fully understand how to apply it to this specific scenario. I'll need to think it through carefully.
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Reena
8 months ago
This question seems to be testing my understanding of MPLS encapsulation for VPRN services. I'll need to carefully review the options and think through the process of how the customer's Layer 2 and Layer 3 headers are handled.
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Felix
8 months ago
This looks like a straightforward question about password security settings. I think the key is to focus on the setting that would prevent password reuse, so I'll carefully review the options.
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Portia
8 months ago
Okay, let's see. The COPY statement puts the data in the image, but the VOLUME statement creates a new volume that gets mounted over that. So the existing files won't be accessible, and changes to the volume won't affect the image. I think A and E are the correct answers.
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