Discuss ACFE CFE-Fraud-Prevention-and-Deterrence Exam Topic 2 Question 2

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

Posted by Noah on May 05, 2022 at 12:50 PM

The objective of anti-fraud controls is to:

ACompletely eliminate residual fraud risk

BReduce the residual fraud risk to a level that is significantly smaller than the inherent fraud risk

CReduce the inherent fraud risk to a level that is significantly smaller than the residual fraud risk.

DCompletely eliminate inherent fraud risk

Suggested Answer: A

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9 comments · newest first

Ahmad 12 months ago

B is definitely the right approach!

Audry 12 months ago

C doesn't make sense, inherent risk can't be lower than residual.

Nelida 1 year ago

Wait, can we really reduce inherent risk? Sounds tricky.

Louis 1 year ago

Totally agree, A is unrealistic!

Ezekiel 1 year ago

I think it's B, reducing residual risk is key.

Darrin 1 year ago

Hmm, I'm not sure. Shouldn't we first figure out which customers were affected and try to make things right with them? Option A seems like the safest approach.

Norah 1 year ago

This is a tricky one. I'm not entirely sure when the Control Plan can be closed, but I think it's important to focus on the key details in the question. Let me think this through carefully.

Valentin 1 year ago

I remember load balancing being tied to how we distribute traffic, but I'm not sure which specific pattern fits best.

Dorothy 1 year ago

I practiced a similar question before, and I believe it's called the full plan.

Thread summary

● Consensus

Community pick: Yes strong agreement

Vote breakdown

A 95%

B 3%

C 2%

D 1%

Summary updated from 9 comments · last activity 12 months ago

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