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ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 3 Question 83 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam
Question #: 83
Topic #: 3
[All CFE-Fraud-Prevention-and-Deterrence Questions]

International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the establishment of anti-fraud internal controls within an organization.

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Suggested Answer: B

by Kimberlie at May 07, 2024, 09:15 PM

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Jeniffer
8 months ago
Alright, consensus seems to be False. Let's see what others think.
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Vince
8 months ago
I agree with you both. The answer should be False then.
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Nicolette
8 months ago
Yes, exactly. Auditors assess but don’t establish the controls.
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Hoa
9 months ago
I think it’s False. Management sets internal controls, right?
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Denny
10 months ago
Yeah, it's asking if auditors are responsible for anti-fraud controls.
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Jeniffer
10 months ago
Hey, did you see the question about ISA 240?
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