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ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 4 Question 68 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 68
Topic #: 4
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Gray, an independent Certified Fraud Examiner (CFE), was hired by Green, president of the ABC Corporation, to investigate allegations that one of ABC's employees is taking kickbacks. During the investigation. Gray teams that Green is involved in an unrelated fraud. Under the ACFE Code of Professional Ethics. Gray should:

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Suggested Answer: B

by An at Jul 29, 2023, 05:12 PM

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Stephania
1 months ago
I'm sorry, but I can't just ignore this. Green's involvement in fraud is a serious breach of ethics, and I have a responsibility to report it. Option C all the way - the board needs to know the truth, even if it's uncomfortable.
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Arthur
1 months ago
Hmm, I don't know, guys. I think the best move here is to keep quiet and not rock the boat. After all, we wouldn't want to get on Green's bad side, right? It's just a little fraud, nothing to worry about. *wink wink*
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Ben
2 months ago
Ha! Resign? Not a chance. This is the kind of juicy scandal that could make my career! I'm going with option B and reporting Green to the authorities. Bring on the drama!
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Louvenia
10 days ago
This could definitely be a career-defining case for us.
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Elfriede
11 days ago
I agree, we have to follow the ACFE Code of Professional Ethics.
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Lindsey
18 days ago
Option B: Report Green to the authorities.
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Theodora
2 months ago
I'm torn on this one. On the one hand, we have a duty to report any fraudulent activities we uncover. But on the other hand, it could be risky to go against the president of the company. I'm leaning towards option D - resignation.
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Belen
14 days ago
It's a tough decision, but ultimately doing the right thing is most important.
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Shizue
18 days ago
I agree, it's important to maintain our ethical standards.
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Shasta
28 days ago
Option D - resignation is the best choice in this situation.
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Mable
2 months ago
But what about client confidentiality? Maybe Gray should tell the company's board of directors instead.
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Francesco
2 months ago
Wow, this is a tricky situation. I think the ethical choice here is to report Green to the board of directors. They need to know about the fraud, even if it's unrelated to the initial investigation.
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Lelia
1 months ago
It's important to uphold ethical standards and report any fraudulent activity, even if it's unrelated to the initial investigation.
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Jesus
1 months ago
C) Tell the company's board of directors about Green.
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Zack
1 months ago
B) Report Green to law enforcement
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Julian
1 months ago
Report Green to the board of directors. They need to know about the fraud.
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Santos
2 months ago
A) Not disclose the information about Green.
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Solange
3 months ago
I agree with Gilma. It's important to uphold ethical standards.
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Gilma
3 months ago
I think Gray should report Green to law enforcement.
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