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Exam CFE - Fraud Prevention All Questions

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Exam CFE - Fraud Prevention topic 1 question 41 discussion

Actual exam question from ACFE's CFE - Fraud Prevention
Question #: 41
Topic #: 1
[All CFE - Fraud Prevention Questions]

Which of the following is among the board of directors’ primary responsibilities related to fraud risk management?

  • A. Implementing the fraud risk management program
  • B. Overseeing the organization’s fraud risk management activities
  • C. Designing the fraud risk management program
  • D. Punishing fraud perpetrators discovered through fraud risk management activities
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Suggested Answer: A 🗳️

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_denw
19 hours, 22 minutes ago
Selected Answer: B
The board of directors is responsible for oversight, not implementation or design, ensuring that management effectively carries out fraud risk management activities.
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