CFE – Fraud Prevention and Deterrence — Question 18

Blue, a Certified Fraud Examiner (CFE), had an ethical dilemma regarding the contract governing one of his professional engagements. Which of the following sources of guidance would be considered the lowest level of reference to help Blue in determining the most ethical course of action?

Answer options

Correct answer: D

Explanation

Moral philosophical principles are subjective and can vary greatly between individuals, making them the least authoritative in guiding professional conduct. In contrast, contract law, the ACFE Code of Professional Ethics, and the practices of respected individuals provide more concrete and established frameworks for ethical decision-making.