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ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 4 Question 70 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 70
Topic #: 4
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following statements is FALSE?

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Suggested Answer: B

by Izetta at Sep 02, 2023, 08:26 AM

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Monroe
5 months ago
I’m not so sure about D, sounds a bit too good to be true.
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Leonardo
5 months ago
C makes sense, education is key for detection.
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Chantell
5 months ago
Wait, can covert audits really be that effective?
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Cristal
6 months ago
Totally agree with B, detection is way harder!
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Alysa
6 months ago
I think A is definitely false.
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Glory
6 months ago
I’m not confident, but I think C might be the false statement. Educating employees should help, but I’m not sure if it really increases their perception of detection.
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Miss
6 months ago
I’m leaning towards D being false, but I can’t recall the specifics. Covert audits seem effective, but I wonder if they really prevent fraud in the long run.
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Raymon
6 months ago
I feel like I’ve seen a question similar to this before, and I think B is true. Detecting fraud is definitely more challenging than preventing it.
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Alva
7 months ago
I think option A sounds a bit off, but I’m not completely sure. I remember discussing how awareness of controls is crucial.
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Shawna
7 months ago
Ah, I see what they're getting at now. Stockout frequency is the probability that a firm will run out of inventory, not a single event. I'm confident that A is the right answer here.
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Jovita
7 months ago
I'm pretty confident that the correct answers are Case and Case Comment. Those seem like the most logical choices for handling incident and resolution data in a Salesforce.org environment.
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Lonna
7 months ago
Okay, I think I've got this. The subnet mask is /26, which means 26 bits are used for the network portion and 6 bits are left for the host portion. That gives us 2^6 - 2 = 62 available host addresses.
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Leonida
7 months ago
This seems like a straightforward question about defining SLOs based on the provided performance data. I think I can handle this one.
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Erinn
12 months ago
I'm going with A. You can't just hide the controls and expect them to work. Employees need to be aware of them!
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Leeann
11 months ago
C. I agree, employees need to be aware of the controls for them to be effective.
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Tatum
11 months ago
B. I think it's actually C. The controls should be visible at all times.
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Valentin
11 months ago
A. You're right, hiding controls without proper training is not effective.
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Mindy
1 year ago
A is false, controls can be very effective in preventing theft and fraud if people know about them. Gotta make those controls visible!
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Apolonia
10 months ago
I believe D is false, controls can be effective in preventing theft and fraud if they are regularly updated and adapted to new threats.
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Thaddeus
11 months ago
I agree, C is false because controls can only be effective if they are properly implemented and monitored.
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Laurel
11 months ago
I think B is false, because controls are not always effective in preventing theft and fraud.
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Annmarie
12 months ago
A is false, controls can be very effective in preventing theft and fraud if people know about them. Gotta make those controls visible!
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Stefany
1 year ago
Haha, I guess the company hotline is there for employees to report their own fraud attempts! Just kidding, C is the correct one.
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Benedict
1 year ago
I believe D) is also false, conducting covert audits can be effective in preventing fraud
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Geraldine
1 year ago
B seems right to me. It is definitely harder to detect frauds than to prevent them in the first place.
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Ruby
11 months ago
Preventing fraud is definitely key to avoiding issues.
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Jerrod
11 months ago
I agree, detecting fraud can be quite challenging.
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Titus
1 year ago
I agree with Loreen, controls can be effective in preventing theft and fraud
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Felice
1 year ago
I think the correct answer is D. Conducting covert audits is not the most effective fraud prevention method, it's more for detection. Prevention should focus on controls and education.
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Micaela
11 months ago
I see your point, conducting covert audits is more for detection rather than prevention.
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Adolph
11 months ago
I believe C is the false statement, educating employees is important for detection.
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Alline
11 months ago
I think B is false, detecting fraud is definitely harder than preventing it.
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Erasmo
1 year ago
I agree, controls and education are key for fraud prevention.
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Loreen
1 year ago
I think the false statement is A)
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