Fraud Prevention Programs - Fraud
Prevention and Deterrence - CFE
Certified Fraud Examiner Examination
Preparation Course 2025 latest update
When establishing a whistleblower policy, organizations should emphasize that it applies to all
employees, regardless of their positions or seniority.
A. True
B. False - correct answer ✔✔A. True
Requiring employees in certain functions (e.g., accounting clerks) to periodically rotate job
duties can be an effective anti-fraud measure.
A. True
B. False - correct answer ✔✔A. True
Having an auditor ask employees questions such as, "Has anyone ever asked you to do anything
that you felt was illegal or unethical?" can be an effective method of uncovering fraud within an
organization.
A. True
B. False - correct answer ✔✔A. True
There are specific anti-retaliation laws in EVERY country that protect whistleblowers against
adverse action for reporting misconduct in the workplace.
A. True
B. False - correct answer ✔✔B. False
, Communications regarding the organization's anti-fraud policy should be presented in a
positive, non-accusatory manner.
A. True
B. False - correct answer ✔✔A. True
In developing an anti-fraud policy, it is good practice for an organization's management to
consult legal counsel to ensure that every fraud allegation is managed uniformly.
A. True
B. False - correct answer ✔✔A. True
In developing the anti-fraud policy, the Management should consult the legal counsel regarding
any necessary legal considerations with respect to the policy. One of the most important legal
considerations is to ensure that all allegations & offenders are managed UNIFORMLY
Which of the following controls can help minimize the pressures that might lead an employee to
commit fraud?
A. Open-door management policies
B. Fair personnel policies and procedures
C. Employee support programs
D. All of the above - correct answer ✔✔D. All of the above
Which of the following is an effective method of increasing the perception of detection?
A. Requiring strong management oversight
B. Forcing employees to take vacation time
C. Conducting surprise audits
D. All of the above - correct answer ✔✔D. All of the above
Prevention and Deterrence - CFE
Certified Fraud Examiner Examination
Preparation Course 2025 latest update
When establishing a whistleblower policy, organizations should emphasize that it applies to all
employees, regardless of their positions or seniority.
A. True
B. False - correct answer ✔✔A. True
Requiring employees in certain functions (e.g., accounting clerks) to periodically rotate job
duties can be an effective anti-fraud measure.
A. True
B. False - correct answer ✔✔A. True
Having an auditor ask employees questions such as, "Has anyone ever asked you to do anything
that you felt was illegal or unethical?" can be an effective method of uncovering fraud within an
organization.
A. True
B. False - correct answer ✔✔A. True
There are specific anti-retaliation laws in EVERY country that protect whistleblowers against
adverse action for reporting misconduct in the workplace.
A. True
B. False - correct answer ✔✔B. False
, Communications regarding the organization's anti-fraud policy should be presented in a
positive, non-accusatory manner.
A. True
B. False - correct answer ✔✔A. True
In developing an anti-fraud policy, it is good practice for an organization's management to
consult legal counsel to ensure that every fraud allegation is managed uniformly.
A. True
B. False - correct answer ✔✔A. True
In developing the anti-fraud policy, the Management should consult the legal counsel regarding
any necessary legal considerations with respect to the policy. One of the most important legal
considerations is to ensure that all allegations & offenders are managed UNIFORMLY
Which of the following controls can help minimize the pressures that might lead an employee to
commit fraud?
A. Open-door management policies
B. Fair personnel policies and procedures
C. Employee support programs
D. All of the above - correct answer ✔✔D. All of the above
Which of the following is an effective method of increasing the perception of detection?
A. Requiring strong management oversight
B. Forcing employees to take vacation time
C. Conducting surprise audits
D. All of the above - correct answer ✔✔D. All of the above
