Independence Day Deal! Unlock 25% OFF Today – Limited-Time Offer - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 4 Question 85 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 85
Topic #: 4
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is TRUE regarding government auditors' responsibilities to report evidence of potential fraud uncovered during an audit of a public-sector organization's financial statements?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Lucina at Jun 01, 2024, 11:04 AM

Limited Time Offer

25%

Off

Get Premium CFE-Fraud-Prevention-and-Deterrence Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Jeniffer
2 months ago
Option F: Government auditors can only report fraud if they do a ceremonial dance under a full moon while wearing a clown costume. It's the law, folks.
upvoted 0 times
Kristel
10 days ago
Option C: Government auditors can choose whether or not to report evidence of potential fraud.
upvoted 0 times
...
Audria
22 days ago
Option B: Government auditors are not responsible for reporting evidence of potential fraud.
upvoted 0 times
...
Galen
28 days ago
Option A: Government auditors are required to report evidence of potential fraud to the appropriate authorities.
upvoted 0 times
...
...
Edna
2 months ago
Option A? Really? Clearly the person who wrote this question has never met a government auditor. We're a diverse bunch with different rules to follow.
upvoted 0 times
Anabel
21 days ago
It's important for government auditors to follow strict guidelines when it comes to reporting potential fraud during an audit.
upvoted 0 times
...
Chaya
28 days ago
That's right. Government auditors are required to report any evidence of potential fraud to the appropriate authorities.
upvoted 0 times
...
Bernardo
1 months ago
Option A is not accurate. Government auditors have specific responsibilities to report evidence of potential fraud uncovered during an audit.
upvoted 0 times
...
...
Naomi
2 months ago
I think Option C is tempting, but we all know government auditors have some unique requirements that set them apart from private sector auditors. Can't just assume they're the same.
upvoted 0 times
...
Jerlene
2 months ago
Option B has to be wrong. There's no way government auditors are legally prohibited from reporting fraud - that would be a recipe for disaster!
upvoted 0 times
Ressie
1 months ago
That's surprising! I would have thought government auditors would have a responsibility to report fraud. Thanks for clarifying.
upvoted 0 times
...
Ryan
2 months ago
Option B is actually correct. Government auditors are legally prohibited from reporting evidence of potential fraud uncovered during an audit of a public-sector organization's financial statements.
upvoted 0 times
...
...
Magdalene
2 months ago
I'm not sure, but I think it's important for government auditors to follow the specific audit mandate when reporting potential fraud.
upvoted 0 times
...
Yuki
2 months ago
Option D seems to be the correct answer. As government auditors, our responsibilities can vary depending on the jurisdiction and the specific audit mandate. We can't just assume one-size-fits-all when it comes to reporting fraud.
upvoted 0 times
...
Alishia
2 months ago
I agree with you, Pansy. The requirements for government auditors to report evidence of potential fraud can vary depending on the jurisdiction.
upvoted 0 times
...
Pansy
2 months ago
I think the answer is D.
upvoted 0 times
...

Save Cancel