Rhys, a Certified Fraud Examiner (CFE), was hired to conduct a fraud examination at Marvel...

Question

Rhys, a Certified Fraud Examiner (CFE), was hired to conduct a fraud examination at Marvel Company. His examination did not reveal any conclusive evidence that fraud had occurred or was occurring. Consequently, Marvel's management asked Rhys to state in his official examination report that the company is free of fraud as a means of assuring the board of directors that the company's anti-fraud controls were effective. Which of the following is TRUE regarding the ACFE Code of Professional Ethics in this situation?

Accepted Answer

D. The ACFE Code of Professional Ethics absolutely prohibits Rhys from complying with management's request.

Answer

A. The ACFE Code of Professional Ethics allows Rhys to comply with management's request without limitations.

Answer

B. The ACFE Code of Professional Ethics allows Rhys to comply with management's request only if he can find another CFE to co-sign his report.

Answer

C. The ACFE Code of Professional Ethics allows Rhys to comply with management's request only if the company has liability insurance to cover an incorrect assertion.

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Exam CFE-Fraud-Prevention-and-Deterrence All Questions

ACFE Certified Fraud Examiner CFE-Fraud-Prevention-and-Deterrence Question # 65 Topic 7 Discussion

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