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ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 1 Question 93 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 93
Topic #: 1
[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following statements Is TRUE regarding how fraud examiners should exercise professional skepticism during a fraud examination engagement?

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Suggested Answer: D

by Floyd at Sep 18, 2024, 06:36 PM

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Altha
4 months ago
D all the way! Professional skepticism is like a superhero's cape - it should only come off when the day is saved.
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Stevie
3 months ago
D) Professional skepticism can be dispelled only by evidence
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Margurite
3 months ago
B) Professional skepticism involves maintaining a mindset that no fraud has occurred
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Anissa
4 months ago
A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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Dewitt
4 months ago
A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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Arthur
4 months ago
D) Professional skepticism can be dispelled only by evidence
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Iesha
4 months ago
A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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Omega
4 months ago
C sounds like a recipe for confirmation bias. Fraud examiners should form their hypotheses based on the nature of the assignment, not in a vacuum.
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Jacki
5 months ago
I'm going with D. Professional skepticism is the foundation of a thorough fraud examination, and it should only be relaxed when the evidence clearly indicates no fraud has occurred.
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Caitlin
5 months ago
A is a bit too extreme. Fraud examiners should maintain skepticism, but they should also be open to evidence that may disprove their initial suspicions.
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Roxanne
4 months ago
So, it's important to maintain skepticism but also be willing to consider all evidence before forming conclusions.
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Willetta
4 months ago
I agree. Professional skepticism doesn't mean we should never consider alternative explanations.
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Jeannetta
4 months ago
I think A is too extreme. We should be open to evidence that may disprove our initial suspicions.
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Toi
5 months ago
B seems like the wrong answer. Fraud examiners should maintain a mindset that fraud may have occurred, not that no fraud has occurred.
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Lavonna
5 months ago
I believe that maintaining a mindset that no fraud has occurred goes against the purpose of a fraud examination. So, I think the answer is D) Professional skepticism can be dispelled only by evidence.
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Yong
5 months ago
I agree with Annita. Professional skepticism is crucial in fraud examinations to uncover the truth.
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Sanjuana
5 months ago
I think the correct answer is D. Professional skepticism should not be easily dispelled, but rather maintained throughout the examination process until sufficient evidence is gathered.
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Jade
4 months ago
D) Professional skepticism can be dispelled only by evidence
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Sena
4 months ago
D) Professional skepticism can be dispelled only by evidence
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Moira
4 months ago
B) Professional skepticism involves maintaining a mindset that no fraud has occurred
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Jacki
4 months ago
A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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Anthony
4 months ago
C) Fraud examiners should form the engagement hypothesis without regard to the nature of the assignment
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Devora
5 months ago
B) Professional skepticism involves maintaining a mindset that no fraud has occurred
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Eden
5 months ago
A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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Annita
5 months ago
I think the answer is A) Fraud examiners should not relax their skeptical attitudes under any circumstances.
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