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ACFE Certified Fraud Examiner - Fraud Prevention and Deterrence Sample Questions:
1. According to the results of behavioral studies, such as those conducted by B. F. Skinner, application of punishment to undesired behavior typically results in which of the following?
A) Temporary suppression of the undesired behavior
B) Permanent suppression of the undesired behavior
C) No effect on the occurrence of the undesired behavior
D) increase in the occurrence of the undesired behavior
2. Which of the following statements is TRUE regarding how fraud examiners should exercise professional skepticism during a fraud examination engagement?
A) Fraud examiners should form the engagement hypothesis without regard to the available preliminary information.
B) Fraud examiners should not relax their skeptical attitudes under any circumstances.
C) Professional skepticism means beginning all assignments with the belief that something is amiss.
D) Professional skepticism involves maintaining a mindset that no fraud has occurred
3. A fraud examiner discovers evidence suggesting possible misconduct by a senior executive. The examiner's supervisor instructs him to stop investigating and destroy his working papers. What should the examiner do?
A) Ignore the evidence because it involves senior management
B) Preserve the evidence and act in accordance with professional and legal obligations
C) Follow instructions because management has authority over the investigation
D) Destroy the working papers after documenting the request
4. Jones, an accounting manager for a software company, wants to improve her team's adherence to the company's formal accounting policies and procedures and reduce the number of process exceptions they experience. According to behaviorist theories, which of the following options would be the most effective way for Jones to condition her staff to follow the company's formal accounting processes?
A) Demote employees who do not adhere to the expected processes.
B) Take away a day of paid time off for each process exception.
C) Publicly call out and criticize employees who deviate from the formal processes.
D) Offer a bonus to anyone who experiences no process exceptions for ninety days-
5. Which of the following statements regarding monitoring employees for warning signs of fraud is MOST ACCURATE?
A) An increase in employee wealth is always a sign of fraud that should be investigated.
B) Managers should only observe employees for signs of suspicious behavioral or lifestyle changes if they can do so without the employees' knowledge.
C) Managers should be instructed to observe employees for any unusual lifestyle improvements, such as an unexplained increase in luxury purchases.
D) Employees who steal do not commonly display lifestyle or behavioral warning signs of their misdeeds.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |



