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NEW QUESTION 48
Which of the following Is NOT considered a conflict of Interest that Is prohibited under the ACFE Code of Professional Ethics?

  • A. Undertaking engagements for both sides in a case of an alleged product substitution scheme
  • B. Accepting an assignment to assess red flags of fraud at an organization in which the fraud examiner is a partner, provided the fraud examiner's ownership interest is disclosed
  • C. Undertaking an engagement that decreases the fraud examiner's ability to perform their duties for their full-time employer
  • D. Accepting an assignment to secretly infiltrate the fraud examiner's employing organization and transmit inside information to another party

Answer: B

NEW QUESTION 49
Which of the following is NOT a factor that directors and management should consider when developing a corporate governance framework for an organization?

  • A. The organization's cultural environment
  • B. The organization's ethical environment
  • C. The ability of the framework to remain static during changes in the corporate landscape
  • D. The legal and regulatory environment in which the organization operates

Answer: C

NEW QUESTION 50
For its compliance program to be effective, an organization must promote the program through appropriate incentives for compliance.

  • A. True
  • B. False

Answer: A

NEW QUESTION 51
Smith, a retail sales manager, wants to decrease the level of cash register over-and-short discrepancies among his sales team. According to behaviorist theories, which of the following options would be the most effective way for Smith to encourage his team members to keep their cash drawers in balance?

  • A. Publicly call out and criticize employees whose cash drawers are over or short
  • B. Offer a bonus to anyone whose drawer reconciles perfectly for sixty days.
  • C. Demote employees who continue to have reconciliation discrepancies
  • D. Take away an hour of paid time off for each time the drawer is over or short.

Answer: B

NEW QUESTION 52
Which of the following principles of corporate governance pertains to the duty of the organization to act in the best interest of society?

  • A. Responsibility
  • B. Fairness
  • C. Accountability
  • D. Transparency

Answer: B

NEW QUESTION 53
......

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