Exam CFE-Fraud-Prevention-and-Deterrence Topic 3 Question 160 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 160
Topic #: 3
Which of the following is a best practice to ensure a successful fraud reporting program?

Suggested Answer: D Vote an answer

* Fraud Reporting Program Best Practices:
* Ensuring anonymity encourages employees to report fraud without fear of retaliation. This enhances the effectiveness of the reporting program.
* Why D is Correct:
* Communicating confidentiality builds trust and increases participation in the fraud reporting program.
* Why Other Options are Incorrect:
* A: Fraud risks are not limited to organization size.
* B: Restricting reports to immediate supervisors may create barriers.
* C: Holding employees accountable for unsubstantiated tips discourages reporting.
* References:
* ACFE's recommendations for successful fraud reporting systems emphasize confidentiality and employee trust.
References for All Questions:
* ACFE Fraud Examination Guide.
* COSO framework and ISA auditing standards.
* Industry best practices for fraud prevention, governance, and due diligence.

by Judy at Mar 31, 2026, 05:49 AM

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