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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 96 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 96
Topic #: 2
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Jane, a Certified Fraud Examiner (CFE), was hired lo conduct a fraud examination at XYZ Company Her examination did not reveal any conclusive evidence that fraud had occurred or was occurring Consequently. XYZ's management asked Jane to state in her official examination report that the company is free of fraud as a means of assuring the board of directors that the company's anti-fraud controls were effective. The ACFE Code of Professional Ethics prohibits Jane from complying with management's request.

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Suggested Answer: D

by Kanisha at Sep 16, 2024, 12:37 PM

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Carissa
3 months ago
I doubt management would be okay with that answer.
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Lucy
3 months ago
Absolutely true, ethics come first in these situations!
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Ryan
4 months ago
Wait, so she can't just say they're fraud-free? That seems harsh.
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Rosalind
4 months ago
Totally agree, Jane can't compromise her integrity!
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Lisbeth
4 months ago
The ACFE Code of Professional Ethics does prohibit misleading statements.
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Brigette
4 months ago
I feel like I read something about how CFEs must remain independent, so I guess Jane has to stick to her findings and not say there's no fraud.
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Beckie
5 months ago
This reminds me of a practice question where we had to choose between ethical obligations and management requests. I think the answer is true.
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Leonora
5 months ago
I'm a bit unsure, but I think the report should reflect the findings accurately, even if it means not giving management what they want.
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Annette
5 months ago
I remember discussing how the ACFE Code of Professional Ethics emphasizes integrity and objectivity, so I think Jane can't comply with that request.
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Lindsey
5 months ago
Ah, I see. Jane can't just state the company is free of fraud if her examination didn't conclusively prove that. That would be misleading, which goes against the ethics code. The answer has to be True.
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Corrinne
5 months ago
The key here is that the ACFE Code of Professional Ethics takes precedence over the management's request. Jane has a professional obligation to follow the code, even if it means going against what the client wants.
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Pearly
5 months ago
Hmm, this seems pretty straightforward to me. The code of ethics clearly prohibits Jane from complying with the management's request, so the answer must be True.
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Caitlin
5 months ago
This is a tricky one. I'll need to carefully review the ACFE Code of Professional Ethics to make sure I understand the restrictions on what Jane can include in her report.
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Janella
5 months ago
I'm a bit confused here. If Jane's examination didn't find any conclusive evidence of fraud, why can't she just state that the company is free of fraud? Seems like a reasonable request from management.
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Armando
5 months ago
This looks like a pretty straightforward question. I'll carefully read through the options and think about what the error message is likely indicating.
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Roslyn
10 months ago
The answer is True. As a CFE, Jane has a professional and ethical obligation to report her findings accurately, even if it means going against the wishes of management. Integrity is non-negotiable in this field.
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Gilbert
9 months ago
Jane's duty is to provide an unbiased and truthful report.
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Daron
9 months ago
Management's request goes against ethical standards.
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Ahmed
9 months ago
Integrity is crucial in the field of fraud examination.
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Kimberely
9 months ago
Jane must adhere to the ACFE Code of Professional Ethics and report her findings accurately.
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Cammy
11 months ago
Haha, Jane's in a tough spot! It's like they're asking her to write a blank check for the company. Gotta love those sneaky management types trying to cover their tracks.
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Teresita
11 months ago
The answer is definitely False. Jane should just do what the management wants, right? They're paying her, after all. Who cares about some silly ethics code?
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Tanesha
11 months ago
True. Jane's integrity as a Certified Fraud Examiner is more important than pleasing management.
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Leah
11 months ago
I think the answer is True. The ACFE Code of Professional Ethics clearly prohibits Jane from complying with management's request to state that the company is free of fraud when the examination did not reveal conclusive evidence. As a CFE, she has a duty to be honest and objective in her reporting.
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Cordelia
10 months ago
It is important for CFEs to maintain their integrity and independence in their fraud examinations.
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Twila
10 months ago
Jane should adhere to the ACFE Code of Professional Ethics and report her findings accurately.
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Felix
11 months ago
False. Jane should comply with management's request to maintain a good relationship with the company.
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Janine
11 months ago
True. The ACFE Code of Professional Ethics prohibits compliance with management's request.
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