ACFE Exam CFE-Fraud-Prevention-and-Deterrence Topic 4 Question 85 Discussion

Actual exam question for ACFE's CFE-Fraud-Prevention-and-Deterrence exam

Question #: 85
Topic #: 4

[All CFE-Fraud-Prevention-and-Deterrence Questions]

Which of the following is TRUE regarding government auditors' responsibilities to report evidence of potential fraud uncovered during an audit of a public-sector organization's financial statements?

AAll government auditors maintain the same requirements for reporting evidence of potential fraud uncovered during a public-sector financial statement audit.

BGovernment auditors are legally prohibited from reporting evidence of potential fraud to any parties outside the organization being audited.

CGovernment auditors' reporting requirements pertaining to fraud are substantially the same as those for external auditors in the private sector.

DThe requirements for government auditors to report evidence of potential fraud depend on the jurisdiction and the specific audit mandate.

Show Suggested Answer

Suggested Answer: A

by Lucina at Jun 01, 2024, 11:04 AM

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

Currently there are no comments in this discussion, be the first to comment!