Certified Fraud Examiners Must Complete Professional Development Activities (Continuing Education)

question 47

Multiple Choice

Certified Fraud Examiners must complete professional development activities (continuing education) annually. That requirement is most closely associated with which element of the ACFE Code of Ethics?

• A) Increasing competence and effectiveness.
• B) Expressing an opinion as to a suspect's guilt.
• C) Revealing confidential information.
• D) Avoiding most conflicts of interest.

Understand the complexity of ethics in business decisions and the notion that ethical questions may not always have clear-cut answers.

Recognize the potential severe consequences of unethical decisions for businesses and their associates.

Comprehend the impact of organizational structure on ethical behavior within companies.

Understand the role of boards of directors in maintaining organizational ethics and shareholder interests.

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Definitions:

Manufacturer

An individual or organization that makes goods or products from raw materials through the use of labor, machinery, and equipment.

Strategic Stakeholders

Strategic stakeholders are individuals or groups that have a significant interest or stake in the strategic outcomes and decisions of an organization, and whose support and involvement are crucial for its success.

Primary

Core or most important, often referring to the main subject of study or the central component in a system.

Organizational

Pertaining to the structure and function of an organization, including its processes, policies, and personnel.