Discuss ACFE CFE-Fraud-Prevention-and-Deterrence Exam Topic 3 Question 24

Which of the following is FALSE regarding the process of defining the objective of the fraud risk management program?

AManagement must assign a quantitative measure to its risk appetite so that it can accurately measure the fraud risk management program s effectiveness

BManagement should express risk appetite in a manner that is appropriate for and unique to the organization s culture and operations.

CManagement should examine previous fraud occurrences to determine how the ideal fraud risk management program would have prevented them.

DManagement must consider the total amount of fraud risk it is willing to accept when determining fraud risk management objectives

Suggested Answer: D

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10 comments · newest first

Bulah 12 months ago

C sounds right, learning from past fraud is key.

Myrtie 12 months ago

B is definitely true, culture matters!

Natalie 1 year ago

Wait, are we really assigning numbers to risk appetite? Seems off.

Glory 1 year ago

Totally agree, A doesn't make sense!

Glynda 1 year ago

I think A is the false one.

Lajuana 1 year ago

This seems pretty straightforward. I'll select the "Yes" option since the solution description matches the goal.

Elli 1 year ago

I feel like I need to double-check what each adjustment actually affects. (b) and (e) seem crucial, but I can't recall what (d) really entails.

Hassie 1 year ago

This seems straightforward. Enabling OneDrive for Business is a great way to provide the sales team with the storage they need without incurring high costs. I'm confident this is the right solution.

Mitsue 1 year ago

This seems straightforward to me. The two parameters that determine priority in a hierarchical scheduler are CIR and CIR weight. Those control how the extra bandwidth is allocated beyond the committed rate. I'm confident I can answer this one correctly.

Paris 1 year ago

Hmm, I'm not too sure about this one. The question is a bit technical and I'm not super familiar with the ILS and Cisco Unified Communications Manager services. I'll have to think about this one a bit more.

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 3 Question 24 Discussion