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Exam CFE - Fraud Prevention All Questions

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Exam CFE - Fraud Prevention topic 1 question 56 discussion

Actual exam question from ACFE's CFE - Fraud Prevention
Question #: 56
Topic #: 1
[All CFE - Fraud Prevention Questions]

Having specialized departments within a company often increases the overall risk of fraud by the organization.

  • A. True
  • B. False
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Suggested Answer: B 🗳️

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AjaiArjuna
4 months, 1 week ago
Selected Answer: A
The correct answer is: A. True Here’s why: - While specialized departments can enhance operational efficiency, they may also create silos that reduce transparency and oversight across the organization. - These silos can lead to limited cross-functional communication, making it easier for fraudulent activities to go unnoticed—especially if duties are not properly segregated or monitored. - In complex organizations, fragmented responsibilities and lack of centralized fraud oversight can increase the risk of fraud schemes being concealed within departmental boundaries.
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_denw
5 months, 1 week ago
Selected Answer: B
Specialized departments can actually reduce fraud risk by enhancing segregation of duties and enabling greater expertise and oversight in key functions.
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