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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 3 Question 29 Discussion

As part of her audit of ABC Corp . Rachel, a CP
A) is identifying the risks of material misstatement due to fraud As part of this task, she should evaluate any unexpected relationships that she identified in performing analytical procedures. and A) True
B) False

ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 3 Question 29 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 29
Topic #: 3
[All CFE-Fraud-Prevention-and-Deterrence Questions]

As part of her audit of ABC Corp . Rachel, a CP

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Suggested Answer: A, A

by Diane at May 08, 2022, 05:26 PM

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Carlota
9 months ago
Surprised this isn't more common knowledge in audits!
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Johana
9 months ago
False, I don't think that's the main focus of the audit.
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Yolando
9 months ago
Really? I thought analytical procedures were just for trend analysis.
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Ricki
9 months ago
Totally agree, it's crucial to evaluate those relationships!
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Chuck
9 months ago
True, unexpected relationships can indicate fraud risks.
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Leonard
10 months ago
Okay, I've got a plan. I'll use the Insert > Text Box feature to add the text exactly where it needs to go.
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Lenna
10 months ago
I'm not too familiar with Dynamic Multi-Pathing, so I'll need to think this through carefully.
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Ty
10 months ago
I remember learning about the DITSCAP process in class, so I think I've got a good handle on this. Security operations, continuing to review and refine the SSAA, and change management all sound like they could be part of the Post Accreditation phase.
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