Question

In: Accounting

c. What is the overall mission of the ACFE? d. What does a CFE do? What...

c. What is the overall mission of the ACFE? d. What does a CFE do? What are some of the professions from which they originate? e. Take the CFE Practice Quiz. Do you have what it takes to be a CFE? f. List a few of the products offered on the Web site for educating those interested in fraud examination. Which materials would be most beneficial to you in your profession? Why? g. What service does the association provide to allow individuals to anonymously report allegations of ethical violations, fraud, waste, and abuse? How does this service work?

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Expert Solution

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Answer-c The mission of the ACFE is to diminish the frequency of extortion and middle class wrongdoing, and to help the enrollment in its location and discouragement.

Answer-d A Certified Fraud Examiner is answerable for settling charges of extortion, getting proof, taking articulations, composing reports, vouching for discoveries, and aiding the avoidance and discovery of misrepresentation and middle class wrongdoing.

Answer-e Test your enemy of misrepresentation IQ by responding to rehearse questions covering material from the CFE Exam.

Example:- To conduct an electronic payment using a person-to-person (P2P) system, the two individuals must meet in person at a financial institution to sign an order requesting the transfer of money from one person’s account to the other.

  1. True
  2. False

  correct answer (A)

Few steps to be CFE are:-

Step 1 — Join the ACFE

Step 2  — Prepare for the CFE Paper

Step 3 — Apply for the CFE paper

Step 4 — Pass the CFE Paper

Answer-f List of Few CFE Products:-

1. Accounting ethics

2. Alternative Currencies and Fraud

3. An Endless Stream of Lies

4. CFE Duffel Bag.


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