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ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 3 Question 101 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 101
Topic #: 3
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Management at ABC Corp. is assessing the company's ethical tone and how it affects the organization's fraud risk. To MOST EFFECTIVELY reinforce an anti-fraud culture, management should:

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Suggested Answer: B

by Matthew at Jan 09, 2025, 02:23 PM

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Roxane
1 months ago
Hey, if the management team wants to really reinforce that anti-fraud culture, they should start by wearing t-shirts that say 'Honesty is the Best Policy... Unless You Get Caught!'
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Nadine
20 days ago
I agree, training is important. They could also create a confidential hotline for employees to report any suspicious behavior.
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Argelia
22 days ago
That's a funny idea! But I think implementing regular ethics training for all employees would be more effective.
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Carmen
1 months ago
Wait, wait, wait... 'dissuade employees from challenging management'? What is this, the Middle Ages? I think I'll pass on that one, thanks.
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Zoila
1 months ago
Oh, I know this one! It's gotta be C. Managers need to show they're committed to those ethics policies, not just make everyone else follow them. That's the surest way to reinforce an anti-fraud culture.
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Jesusa
2 days ago
B: Absolutely, employees will follow the lead of their managers when it comes to ethical behavior.
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Paola
7 days ago
A: That's right, actions speak louder than words when it comes to reinforcing an anti-fraud culture.
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Serita
14 days ago
B: Definitely, it's important for managers to lead by example when it comes to ethics.
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Fanny
21 days ago
A: I agree, showing commitment from the top sets the tone for everyone else.
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Larae
1 months ago
Hmm, I'm not sure about that. Dissuading employees from challenging management's decisions? That sounds like a recipe for disaster! Isn't that how you end up with a toxic work culture?
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Jani
10 days ago
Management should lead by example and promote ethical behavior throughout the organization.
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Ceola
11 days ago
I agree, creating a culture where employees feel comfortable speaking up is crucial.
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Judy
17 days ago
Encouraging open communication and transparency is key to preventing fraud.
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Apolonia
2 months ago
I think option C is the way to go. If management doesn't walk the talk, how can they expect employees to take the ethical policies seriously? Lead by example, you know?
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Rebbecca
1 months ago
Definitely, if employees see management following the rules, they are more likely to do the same.
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Rosenda
1 months ago
I agree, leading by example is crucial in setting the tone for ethical behavior.
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Eladia
2 months ago
But wouldn't it also be important to have a checklist to ensure all elements are in place?
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Linn
2 months ago
I agree with Laticia, management should lead by example.
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Laticia
3 months ago
I think the answer is C.
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