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CIPS L5M2 Exam - Topic 1 Question 22 Discussion

Fraud committed by an employee within a business is what type of risk?
D) economic risk
A) internal risk
B) external risk
C) procurement risk

CIPS L5M2 Exam - Topic 1 Question 22 Discussion

Actual exam question for CIPS's L5M2 exam
Question #: 22
Topic #: 1
[All L5M2 Questions]

Fraud committed by an employee within a business is what type of risk?

Show Suggested Answer Hide Answer
Suggested Answer: D

The correct answer is 4 - the policy is 'comply or explain' - basically say which code you follow, or explain (publicly) why you're not following one. See p. 145 for more information on this


by Louvenia at Nov 24, 2023, 01:08 AM

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Lai
8 months ago
Internal risk makes the most sense here!
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Kimbery
8 months ago
I thought procurement risk was a thing too?
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Kip
8 months ago
Wait, are we sure it's not external?
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Nettie
8 months ago
Totally agree, it's all about the inside job.
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Juan
8 months ago
Definitely internal risk.
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Ronald
9 months ago
I definitely recall discussing internal risks in class, especially in relation to employee behavior. That makes sense here.
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Tammara
9 months ago
I’m torn between internal and external risk. I feel like it could be both, but I lean towards internal.
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Hillary
9 months ago
I remember a practice question that mentioned internal risks related to employee actions. This seems to fit that category.
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Sylvie
9 months ago
I think fraud by an employee is considered an internal risk, but I'm not completely sure.
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Dong
9 months ago
Okay, I've got this. Fraud committed by an employee is definitely an internal risk, since it's happening within the business. I'm confident that A is the correct answer.
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Loreen
9 months ago
Hmm, I'm a bit unsure about this one. Is fraud by an employee considered an internal or external risk? I'll have to think it through.
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Madalyn
9 months ago
This seems like a straightforward question. I'll think through the options carefully and choose the one that best fits the description of fraud committed by an employee.
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Zona
9 months ago
I'm not totally sure about this one. Is fraud by an employee considered a procurement risk or an economic risk? I'll have to review my notes to make sure I understand the difference between these types of risks.
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Tyisha
9 months ago
This looks like a pretty straightforward network management and logging question. I think I have a good handle on the key requirements - the APAC segment has 9 HA pairs of firewalls generating 25K logs per second, and 14 days of log retention is needed.
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Oren
10 months ago
Okay, let's see. I think the key here is being able to track which email addresses are receiving which emails. That sounds like it could be related to the "Send Log" or "Tracking Extract" options.
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Matilda
1 year ago
Well, at least the answer options are creative. I'm going with A) internal risk, but kudos to the exam writer for throwing in some curve balls!
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Jesusita
1 year ago
I'm going with A) internal risk as well. It makes the most sense in this context.
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Florencia
1 year ago
I think it's A) internal risk too. The other options seem like distractions.
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Daisy
1 year ago
I agree, the answer options are interesting. I also chose A) internal risk.
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Beata
1 year ago
C) procurement risk? What does that even mean? I'm pretty sure employee fraud has nothing to do with procurement processes.
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Talia
1 year ago
That's correct, employee fraud falls under internal risk.
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Lavera
1 year ago
A) internal risk
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Madonna
1 year ago
No, employee fraud is not classified as an external risk.
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Alethea
1 year ago
B) external risk
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Amalia
1 year ago
Employee fraud is considered an internal risk within a business.
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Kati
1 year ago
A) internal risk
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Carmela
1 year ago
D) economic risk? Really? I don't see how employee fraud is an economic risk. That's a bit of a stretch, don't you think?
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Shaquana
1 year ago
Hmm, I'm not so sure. I was thinking it could be B) external risk since the employee is committing fraud from outside the business's internal controls.
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Janey
1 year ago
Yes, that's correct. Fraud committed by an employee is considered an external risk.
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Rusty
1 year ago
B) external risk
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Dominga
1 year ago
No, it's not internal risk.
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Ma
1 year ago
A) internal risk
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Bettina
1 year ago
I think the answer is clearly A) internal risk. Employee fraud is a classic example of an internal risk that a business faces.
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Cora
1 year ago
I agree, it's important for businesses to have measures in place to prevent internal risks like employee fraud.
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Taryn
1 year ago
Yes, you are correct. Employee fraud is definitely an internal risk.
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Daron
1 year ago
I agree, it's important for businesses to have measures in place to prevent internal risks like employee fraud.
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Johanna
1 year ago
Yes, you are correct. Employee fraud is definitely an internal risk.
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Dean
1 year ago
I think it could also be considered a procurement risk, as it involves the misuse of company resources.
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Lonna
1 year ago
I agree with Cherilyn, fraud by an employee is definitely an internal risk.
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Cherilyn
1 year ago
A) internal risk
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