ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 2 Question 99 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam

Question #: 99
Topic #: 2

[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is NOT explicitly prohibited by the ACFE Code of Professional Ethics?

AActing in a way that could be deemed unethical by the industry

BDrawing conclusions based upon evidence

CParticipating in an activity where there is an undisclosed conflict of interest

DEngaging in behavior that is against the law

Show Suggested Answer

Suggested Answer: B

by Tawny at Nov 13, 2024, 04:08 AM

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Earleen

3 months ago

I’m surprised that A isn’t prohibited, seems like a gray area.

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Marisha

3 months ago

Totally agree with you, Chantay! Conflicts can really mess things up.

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Frederick

4 months ago

Wait, is it really okay to act unethically as long as it's not explicitly stated?

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Chantay

4 months ago

I think C should be prohibited, conflicts of interest are a big deal!

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Cortney

4 months ago

B is definitely allowed, it's just drawing conclusions.

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Gracie

4 months ago

I think engaging in illegal behavior is definitely prohibited, so that one seems straightforward. I'm leaning towards A or C for the answer.

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Stephane

5 months ago

Drawing conclusions based on evidence seems like a fundamental part of our work, so I doubt that's prohibited. But I could be wrong!

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Pamella

5 months ago

I feel like we had a practice question about conflicts of interest, and I remember that they are definitely frowned upon. So maybe C is the answer?

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Suzan

5 months ago

I think I remember that the ACFE Code emphasizes integrity, but I'm not sure if acting in a way that could be deemed unethical is explicitly prohibited.

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Myong

5 months ago

Participating in an activity with an undisclosed conflict of interest seems like the most likely answer that is not explicitly prohibited. I'll go with that.

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Kandis

5 months ago

I'm a bit confused on this one. I'll need to re-read the question and think it through carefully before making a decision.

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Dortha

5 months ago

Drawing conclusions based on evidence seems like it should be allowed, so I'll go with that as the answer.

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Steffanie

5 months ago

I'm pretty sure engaging in behavior that is against the law would be prohibited, so I'm going to rule that out.

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Chantell

5 months ago

Hmm, this is a tricky one. I'll need to carefully review the ACFE Code of Professional Ethics to see what is explicitly prohibited.

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Marti

1 year ago

I'm gonna go with Option A. Acting unethically is pretty much the opposite of what the ACFE code is all about. Gotta keep it professional, you know?

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Shawna

1 year ago

Definitely not allowed. We have to follow the law at all times.

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Willis

1 year ago

D) Engaging in behavior that is against the law

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Britt

1 year ago

That's a big no-no. We have to be transparent in our actions.

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Sanjuana

1 year ago

C) Participating in an activity where there is an undisclosed conflict of interest

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Teddy

1 year ago

Yeah, I agree. We have to uphold professional standards.

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Caprice

1 year ago

A) Acting in a way that could be deemed unethical by the industry

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Belen

1 year ago

Haha, Option D is a classic! Engaging in illegal behavior, really? That's just common sense, not something that needs to be explicitly prohibited.

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Vivan

1 year ago

Hmm, I'm not sure. Option C sounds like it could be a trap. You can't have any undisclosed conflicts of interest, that's a big no-no.

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Vernice

1 year ago

Option B seems like the obvious choice here. Drawing conclusions based on evidence is what we're supposed to do as fraud examiners.

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Jolanda

1 year ago

User 3: Yeah, it's important to analyze the evidence before making any decisions.

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Flo

1 year ago

Timothy: So, we can eliminate option B from the choices.

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Timothy

1 year ago

User 2: I agree, drawing conclusions based on evidence is a key part of our job.

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Evangelina

1 year ago

User 1: I think option B is the correct answer.

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Bulah

1 year ago

But isn't drawing conclusions based upon evidence a fundamental part of investigative work?

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Emile

1 year ago

I disagree, I believe the answer is D) Engaging in behavior that is against the law.

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Bulah

1 year ago

I think the answer is B) Drawing conclusions based upon evidence.

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