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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 80 Discussion

Which of the following is a best practice to ensure a successful fraud reporting program?
A) The company should communicate that fraud, waste, and abuse are more likely to occur in large organizations than small ones.
B) The company should require employees with information about potential fraud to report it directly and only to their immediate supervisor.
C) Employees are held accountable for reporting tips that are not able to be substantiated
D) Employees should be informed that, to the extent possible, their names will not be disclosed.

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 80 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 80
Topic #: 2
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is a best practice to ensure a successful fraud reporting program?

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Suggested Answer: A

by Gwenn at Apr 10, 2024, 03:50 PM

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Adelina
6 months ago
C sounds harsh, holding employees accountable for unsubstantiated tips? Really?
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Kris
6 months ago
B seems wrong, reporting should be open to more than just supervisors.
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Ligia
7 months ago
Wait, how can they guarantee no names will be disclosed?
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Han
7 months ago
Totally agree with D, anonymity is key for reporting!
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Lindsey
7 months ago
A is true, larger organizations do face more fraud risks.
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Antonio
7 months ago
I’m a bit confused about option C. Holding employees accountable for unsubstantiated tips seems harsh and could prevent them from reporting anything at all.
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Minna
8 months ago
I think we practiced a question similar to this, and I remember that ensuring confidentiality is crucial. So, D seems right to me.
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Lilli
8 months ago
I’m not entirely sure, but I feel like option B could discourage reporting. If employees can only tell their supervisor, it might not be effective.
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Minna
8 months ago
I remember discussing the importance of anonymity in reporting fraud. I think option D might be the best choice since it encourages employees to come forward without fear.
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Dell
8 months ago
This is a good question that tests our understanding of effective fraud reporting practices. I'm leaning towards option D as the best choice, since protecting employee confidentiality is crucial for encouraging reporting.
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Myong
8 months ago
I'm a little confused by this question. I'm not entirely sure what the "best practice" would be in this situation. I'll need to re-read the options carefully and try to apply my knowledge of fraud reporting programs.
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Larue
8 months ago
Okay, I think I've got this. The key here is ensuring employees feel safe and protected when reporting potential fraud. Option D seems like the best choice to encourage reporting.
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Roosevelt
8 months ago
Hmm, I'm a bit unsure about this one. I'll need to think through the different options and try to determine which one would be the best practice. The wording of the choices is a bit tricky.
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Shaun
8 months ago
This seems like a straightforward question about best practices for a fraud reporting program. I'll need to carefully consider each option and think about what would be most effective.
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Hildred
8 months ago
Hmm, I'm a bit unsure about this one. There are a lot of moving parts to consider, like the different components of the existing infrastructure and how they need to be scaled. I'll need to carefully review the details to come up with the best approach.
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Malinda
8 months ago
Hmm, this one seems a bit tricky. I'll need to review the differences between the SCORE procedure and the SCORE statement to make sure I understand which one returns what.
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King
1 year ago
Protecting anonymity is key. I'm going with D - it's the only one that actually encourages employees to come forward.
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Amie
12 months ago
A: Definitely, creating a culture where employees feel comfortable reporting fraud is essential for a successful program.
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Helga
12 months ago
B: I think D is the best option too, it's important to encourage employees to speak up.
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Nida
12 months ago
A: I agree, protecting anonymity is crucial for employees to feel safe reporting fraud.
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Rosio
1 year ago
Option A is just plain wrong. Why would a company want to communicate that fraud is more likely in large organizations? That's just asking for trouble.
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Zita
12 months ago
We should focus on promoting a positive reporting culture instead of implying that fraud is more prevalent in larger organizations.
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Laurel
12 months ago
I agree, Option A could create a negative perception and discourage employees from reporting fraud.
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Joana
1 year ago
Option A is definitely not a good idea. It could make employees feel like fraud is more common in larger organizations.
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Lezlie
1 year ago
Yes, Option B promotes a culture of transparency and accountability which is essential for a successful fraud reporting program.
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Bernardine
1 year ago
Option B seems like a better choice. Encouraging employees to report suspicious activity is key.
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Emerson
1 year ago
I agree, Option A could backfire and make employees more likely to commit fraud.
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Arminda
1 year ago
Option A is definitely not the best practice. It can create a negative perception.
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Evan
1 year ago
Haha, option C is a good way to scare employees into not reporting anything! Not the best practice for sure.
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Wava
1 year ago
I'd go with B. Keeping it in the chain of command ensures the information stays confidential.
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Sharmaine
1 year ago
I believe option C is also important, holding employees accountable for reporting unsubstantiated tips can help ensure the credibility of the program.
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Artie
1 year ago
I agree with Alaine, protecting the identity of the employees reporting fraud is crucial.
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Olive
1 year ago
Option D is the way to go! Protecting whistle-blowers is crucial for a successful fraud reporting program.
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Kara
1 year ago
Definitely, employees need to feel secure when reporting suspicious activity.
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Desirae
1 year ago
I think it also helps prevent retaliation against those who report fraud.
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Alaine
1 year ago
It creates a safe environment for employees to come forward with information.
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Lashonda
1 year ago
I agree, protecting the identity of employees who report fraud is important.
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Alaine
1 year ago
I think option D is the best practice.
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