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Black a Certified Fraud Examiner (CFE), was hired to conduct a fraud examination He did not find fraud, but in Black's opinion the controls he examined were deficient Under the ACFE Code of Professional Ethics Black is not permitted to express his opinion on the deficient controls.
Suggested Answer: B
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13 comments · newest first
NU
Nu
12 months ago
I thought he could at least suggest improvements.
AL
Alesia
12 months ago
False, he can still mention deficiencies without calling it fraud.
BE
Belen
12 months ago
Wait, really? That seems a bit odd.
KA
Kayleigh
1 year ago
Totally agree, that's how the ethics code works.
VI
Viola
1 year ago
True, he can't express opinions on controls.
BA
Barrett
1 year ago
I believe it's false. The CFE can still highlight control deficiencies in a report, but maybe not in a way that implies fraud was present.
PO
Portia
1 year ago
I feel like this is a tricky one. If he didn't find fraud, does that mean he can't comment at all? I need to review the ethics section again.
LI
Lizbeth
1 year ago
I'm not so sure about that. I remember a practice question where the CFE could provide recommendations if they found deficiencies, even without fraud.
GA
Garry
1 year ago
I think it's true that Black can't express his opinion on the controls since he didn't find fraud. It seems like a strict rule in the ethics code.
SY
Sylvie
1 year ago
This question seems straightforward - I think the key is to focus on the requirements for corporate criminal liability. I'll review the options carefully and choose the one that best matches the typical criteria.
CO
Colby
1 year ago
I'm a little confused - is the Backup and Restore tool also an option? I want to make sure I don't lose any important files.
TA
Talia
1 year ago
I'm a little confused by the wording of this question. I'll need to review my notes on information security policies and procedures to determine the best approach.
TA
Tasia
1 year ago
Hmm, I'm not entirely sure about this one. The options all seem plausible, but I'm not confident which one would be considered the "first filter." I'll have to think this through carefully.