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ACFE Exam CFE-Financial-Transactions-and-Fraud-Schemes Topic 2 Question 98 Discussion

Actual exam question for ACFE's CFE-Financial-Transactions-and-Fraud-Schemes exam
Question #: 98
Topic #: 2
[All CFE-Financial-Transactions-and-Fraud-Schemes Questions]

__________ is required if and when officers, executives or other persons in trusted positions become subjects of a criminal indictment.

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Suggested Answer: C

by Celestine at Sep 16, 2024, 03:07 PM

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Amber
2 months ago
I'll have to go with C) Disclosure. Though I hear some people prefer the old 'plausible deniability' approach. Not the best career move, though.
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Gladis
1 months ago
It's better to just disclose and be upfront about it.
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Quentin
1 months ago
Some people may try to use 'plausible deniability', but it's risky.
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Joseph
1 months ago
Yeah, it's important to be transparent in those circumstances.
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Bev
2 months ago
I agree, C) Disclosure is definitely necessary in those situations.
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Almeta
2 months ago
Conflict of interest? More like 'conflict of conscience' when you're in the hot seat! C) Disclosure is the way to go.
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Denise
2 months ago
Disclosure, definitely. Transparency is key when your dirty laundry gets aired in public. Might as well get it all out there.
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Kristofer
1 months ago
B) Turnaround sale or flip
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Felicia
2 months ago
C) Disclosure
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Louis
2 months ago
A) Conflict of interest
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Reita
2 months ago
Hmm, I'm going with B) Turnaround sale or flip. Gotta get those assets off the books quickly, am I right?
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Danica
3 months ago
D) Resource diversion sounds like the right choice here. Can't have those trusted individuals misusing company resources for their own benefit!
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Malcom
1 months ago
D) Resource diversion sounds like the right choice here. Can't have those trusted individuals misusing company resources for their own benefit!
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Pamella
2 months ago
C) Disclosure
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Elina
2 months ago
A) Conflict of interest
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Pauline
3 months ago
I think it's important to be transparent in these situations to maintain trust.
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Arminda
3 months ago
I agree with Buck, disclosure is important in such cases.
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Buck
3 months ago
C) Disclosure is required.
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Reynalda
3 months ago
I think the correct answer is C) Disclosure. Executives and officers need to disclose any potential conflicts of interest when facing criminal indictment.
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Beth
2 months ago
Exactly, it's a necessary step in such cases.
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Nakisha
2 months ago
It helps to maintain trust and integrity in the organization.
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Glynda
3 months ago
Yes, that way there is transparency in the situation.
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Pete
3 months ago
I agree, it is important for them to disclose any potential conflicts of interest.
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