Higher Test Marks with Free Online CFE-Fraud-Prevention-and-Deterrence Exam Practice

Assess the CertsIQ’s updated CFE-Fraud-Prevention-and-Deterrence exam questions for free online practice of your Certified Fraud Examiner - Fraud Prevention and Deterrence test. Our CFE Fraud Prevention and Deterrence dumps questions will enhance your chances of passing the Certified Fraud Examiner certification exam with higher marks.

Question 1

Which of the following choices is an example of an anti-fraud control that is primarily preventive in nature?

Options :

A : Continuous audit techniques

B : Proactive data analysis techniques

C : Employee background checks

D : Whistleblower hotline

Answer: C

Question 2

Which of the following is included in the G20/OECD Principles of Corporate Governance?

Options :

A :

A requirement for corporations to establish a legal, regulatory, and institutional framework to support good governance practices

B : A call to support the equal treatment of all members of an organization's governing body

C : Guidance regarding appropriate board structures, responsibilities, and procedures

D :

An examination of the importance of effectively designed and implemented internal control mechanisms within an organization

Answer: C

Question 3

In response to a risk identified during a fraud risk assessment, management decides to purchase fidelity insurance to help protect the company against the associated risk of loss. This response is known as:

Options :

A : Assuming the risk

B : Mitigating the risk

C : Avoiding the risk

D : Transferring the risk

Answer: D

Question 4

Which of the following is TRUE regarding the communication of the fraud risk assessment process?

Options :

A :

The more personalized the communication, the more effective it will be in encouraging employees to participate

B :

The communication should be made in a format mat is most appropriate for the culture of the organization

C : The communication should be visibly disseminated throughout the business

D : All of the above

Answer: D

Question 5

An effective system of anti-fraud controls

Options :

A : Fully eliminates the risk of fraud

B : Focuses more on detective controls than preventive controls

C : Focuses more on preventive controls than detective controls

D : Increases the perception that fraud will be detected

Answer: C