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| Section | Weight | Objectives |
|---|---|---|
| Fraud Prevention Programs | 15–20% | - Communication and training - Designing prevention strategies - Monitoring and continuous improvement |
| Professional Ethics | 5–10% | - Conflicts of interest and integrity - ACFE Code of Professional Ethics - Ethical decision-making |
| White-Collar Crime | 15–20% | - Definition and characteristics - Organizational vs occupational crime - Legal prosecution and sanctions - Causal factors and opportunity structures - Impact on organizations and society |
| Understanding Criminal Behavior | 5–10% | - Theories of crime causation
|
| Management's Fraud-Related Responsibilities | 5–10% | - Reporting mechanisms - Oversight and accountability - Establishing anti-fraud policies |
| Corporate Governance | 20–25% | - Governance frameworks and principles
- Internal control systems
|
| Fraud Risk Assessment | 15–20% | - Assessment implementation and documentation - Risk identification methodologies - Risk analysis and prioritization |
An employee submits reimbursement requests for personal expenses disguised as business expenses. This scheme is BEST classified as:
Correct Answer: B 🗳️
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According to Diane Vaughan. which of the following factors increases an organization's inherent inclination toward committing crime?
Correct Answer: D 🗳️
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Reporting known incidents of fraud to law enforcement can be an effective fraud prevention mechanism.
Correct Answer: B 🗳️
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Sycamore Inc. has a simple organizational structure with few specialized departments. The structure of Sycamore Inc. increases the likelihood that fraud will go undetected within the organization.
Correct Answer: B 🗳️
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According to International Organization for Standardization (ISO) 31000:2018, an effective and efficient risk management program contains all of the following principles EXCEPT:
Correct Answer: C 🗳️
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