CFE-Fraud-Prevention-and-Deterrence Exam Dumps - Certified Fraud Examiner - Fraud Prevention and Deterrence Exam

Assuming the risk

Mitigating the risk

Avoiding the risk

Transferring the risk

The program must include mechanisms to address breaches in compliance.

The punishment for intentional noncompliance should be carried out in a consistent and firm manner.

Formal sanctions for intentional noncompliance should be determined and enacted privately

A specific individual or team should be designated as responsible for monitoring compliance with the program

Completely eliminate inherent fraud risk.

Reduce the inherent fraud risk to a level that is significantly smaller than the residual fraud risk.

Completely eliminate residual fraud risk

Reduce the residual fraud risk to a level that is significantly smaller than the inherent fraud risk

True

False

The organization's incentive programs

The possibility of management's override of controls

Risks to the organization's reputation

All of the above