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NEW QUESTION 43
Which of the following is a best practice to ensure a successful fraud reporting program?

  • A. The company should require employees with information about potential fraud to report it directly and only to their immediate supervisor.
  • B. The company should communicate that fraud, waste, and abuse are more likely to occur in large organizations than small ones.
  • C. Employees should be informed that, to the extent possible, their names will not be disclosed.
  • D. Employees are held accountable for reporting tips that are not able to be substantiated

Answer: C

 

NEW QUESTION 44
Which of the following is NOT included in G20/OECD Principles of Corporate Governance (the Principles)?

  • A. Support for establishing stronger protection for foreign shareholders than for domestic shareholders
  • B. A request that governments have in place an appropriate framework to support good corporate governance practices
  • C. Guidance regarding appropriate board structures, responsibilities, and procedures
  • D. Recognition of the importance of the role of stakeholders in corporate governance

Answer: A

 

NEW QUESTION 45
Which of the following is FALSE regarding the process of defining the objective of the fraud risk management program?

  • A. Management should examine previous fraud occurrences to determine how the ideal fraud risk management program would have prevented tnem.
  • B. Management must assign a quantitative measure to its risk appetite so that it can accurately measure the fraud risk management program's effectiveness.
  • C. Management should tailor the detailed objectives of the fraud risk management program to the organization's specific needs and goals.
  • D. Management must balance the investment in anti-fraud controls with the benefit of those controls and the amount of risk it is willing to accept.

Answer: B

 

NEW QUESTION 46
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