CFE – Fraud Prevention and Deterrence — Question 67

Ian is drafting a report containing the results of his company's fraud risk assessment process. To be MOST EFFECTIVE, Ian's report should:

Answer options

• A. Include a complete list of recommended actions for management to take to address all identified risks.
• B. Focus on the findings that will make the most impact on the company's fraud risk management efforts.
• C. Contain a detailed, comprehensive list of every assessment finding.
• D. Reflect the assessment team's subjective perspective regarding the risks identified.

Correct answer: A

Explanation

The correct answer, A, emphasizes the importance of providing actionable recommendations for management, which is crucial for addressing the identified risks. Options B, C, and D do not prioritize actionable steps; B focuses on impact without a complete plan, C overwhelms with details that may not be actionable, and D introduces subjectivity that detracts from the report's objectivity.