During a fraud risk assessment, the assessment team is seeking information on the ethical tone set by upper and middle managers. The team members determine that, for this task, they would like to get candid one-on-one feedback from employees away from their peers. Which of the following techniques would be most helpful for them to use in gathering this information?

• A.Interviews
• B.Focus groups
• C.Anonymous feedback mechanisms
• D.Surveys

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According to ACFE research, which of the following is TRUE?

• A.Complaints about family problems is the most reported behavioral red flag displayed by fraud perpetrators.
• B.Men and women commit similar amounts of occupational fraud.
• C.Most employees who commit occupational fraud are first-time offenders.
• D.Frauds committed by staff-level employees cause higher median losses than those committed by owners and executives.

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Management at ABC Corp. is assessing the company's ethical tone and how it affects the organization's fraud risk. To most effectively reinforce an anti-fraud culture, management should:

• A.Use a checklist of initiatives to make sure all the elements of a strong tone at the top are in place
• B.Create an environment in which employees feel safe challenging management's decisions
• C.implement two separate sets of ethics policies, one for management and one for employees
• D.All of the above

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Which of the following is NOT considered a conflict of interest that is prohibited under the ACFE Code of Professional Ethics?

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

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Julia, an internal auditor, is formalizing a process to evaluate the effectiveness of the company's control system over time, including both ongoing evaluations and periodic separate evaluations.
Julia's initiative BEST pertains to which component of the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Internal Control--Integrated Framework?

• A.Control activities
• B.Risk assessment
• C.Monitoring
• D.Control environment

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