ACFE CFE-Fraud-Prevention-and-Deterrence Exam - Topic 4 Question 89 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam

Question #: 89
Topic #: 4

[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is TRUE regarding G20/OECD Principles of Corporate Governance (the Principles)?

AThe Principles are required to be implemented by all corporations in the jurisdictions that have officially adopted them

BThe Principles state that an entity's corporate governance framework should discourage active cooperation between corporations and stakeholders in creating wealth.

CThe Principles are intended to be applicable in developed economies but not in emerging markets.

DThe Principles state that an entity's corporate governance framework should ensure the equitable treatment of all shareholders.

Show Suggested Answer

Suggested Answer: B

by Sommer at Jul 18, 2024, 01:03 PM

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Josephine

5 months ago

Just to clarify, B is definitely false!

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Dyan

5 months ago

I thought the Principles applied to both developed and emerging markets?

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Pamella

5 months ago

Wait, are they really required in all jurisdictions?

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Casie

5 months ago

Totally agree, D is definitely true!

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Alita

6 months ago

The Principles promote equitable treatment of all shareholders.

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Celeste

6 months ago

I recall a practice question that mentioned the importance of stakeholder cooperation, so I don't think option B is correct.

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Janna

6 months ago

I’m a bit confused about the applicability of the Principles. I thought they were meant for both developed and emerging markets, but I could be wrong.

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Bronwyn

6 months ago

I think option D sounds familiar because it aligns with the idea of fair treatment for shareholders, which is a key aspect of good governance.

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Maybelle

6 months ago

I remember studying the Principles, but I'm not sure if they are mandatory for all corporations. I think they are more like guidelines.

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Rosina

6 months ago

This is a good question to test our understanding of the Principles. I'll need to review the key points to make sure I select the right answer.

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Darell

6 months ago

I'm pretty confident that the answer is D. The Principles emphasize the importance of protecting shareholder rights and ensuring fair treatment, so that seems like the most accurate statement.

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Felix

6 months ago

Okay, I think I know the answer to this one. The Principles state that the corporate governance framework should ensure equitable treatment of all shareholders, so I'll go with option D.

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Bobbie

6 months ago

Hmm, this looks like a tricky question. I'll need to carefully review the Principles to determine which one is true.

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Delmy

7 months ago

I'm a bit confused by this question. The Principles seem to cover a lot of ground, so I'm not sure which one is the correct answer. I'll have to think this through carefully.

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Orville

7 months ago

This seems like a straightforward question about when to apply test automation. I'll carefully consider each option and choose the one that best fits the criteria.

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Irma

7 months ago

Risk attitude is an important factor to consider because it can determine how much influence a stakeholder has over project decisions, which is option B. I'll make sure to keep that in mind.

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Cordelia

7 months ago

Okay, I've got an idea. The increase in digital content probably means fewer physical documents are being printed, so I'm guessing the answer is B, "Fewer documents are being printed."

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Shawnna

11 months ago

Hmm, I wonder if the OECD principles also include a clause about not throwing staplers at your co-workers during board meetings. Just a thought.

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Fredric

10 months ago

It's more about promoting good governance practices within companies.

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Marisha

10 months ago

The Principles focus on transparency, accountability, and shareholder rights.

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Winfred

11 months ago

I don't think throwing staplers at co-workers is covered in the OECD principles.

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Moon

12 months ago

A is tempting, but I don't think the Principles are mandatory. They're more like guidelines for companies to follow.

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Janey

10 months ago

It's true that the Principles are not legally binding, but they are widely recognized as best practices for corporate governance.

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Sheron

10 months ago

Yes, they are voluntary, but many companies choose to follow them to improve transparency and accountability.

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Sherell

11 months ago

I agree, the Principles are not mandatory, but they do provide a framework for good corporate governance.

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Catherin

1 year ago

C can't be right, the Principles are intended to be applicable globally, not just in developed economies. Emerging markets need good corporate governance too!

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Elden

10 months ago

D: It's important for all countries to adhere to the Principles.

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Layla

10 months ago

C: The Principles are not limited to developed economies.

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Josphine

11 months ago

B: That's correct, emerging markets also need good corporate governance.

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Kathrine

12 months ago

A: The Principles are intended to be applicable globally, not just in developed economies.

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Carolann

1 year ago

B seems like it's the opposite of what the Principles are trying to achieve. Discouraging cooperation between corporations and stakeholders? That doesn't sound right at all.

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Willow

1 year ago

I'm not sure, but I think D is correct too. It just seems like the most logical choice.

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Pamella

1 year ago

I agree with Georgiana, D makes sense because it's important for shareholders to be treated fairly.

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Paulene

1 year ago

I'm pretty sure the correct answer is D. The Principles state that an entity's corporate governance framework should ensure the equitable treatment of all shareholders.

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