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.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

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

Limited Time Offer

25%

Off

Get Premium CFE-Fraud-Prevention-and-Deterrence Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Jeniffer

6 months ago

Alright, consensus seems to be False. Let's see what others think.

upvoted 0 times

...

Vince

6 months ago

I agree with you both. The answer should be False then.

upvoted 0 times

...

Nicolette

7 months ago

Yes, exactly. Auditors assess but don’t establish the controls.

upvoted 0 times

...

Hoa

7 months ago

I think it’s False. Management sets internal controls, right?

upvoted 0 times

...

Denny

8 months ago

Yeah, it's asking if auditors are responsible for anti-fraud controls.

upvoted 0 times

...

Jeniffer

8 months ago

Hey, did you see the question about ISA 240?

upvoted 0 times

...