[Ethical Responsibilities of the Fraud Examiner] Article II of the ACFE Code of Professional Ethics prohibits illegal or unethical conduct, but It allows exceptions for unknowing violations of the law.

The statement is false. Article II of the ACFE Code of Professional Ethics states, "A Certified Fraud Examiner shall not engage in any illegal or unethical conduct, nor in any activity which would constitute a conflict of interest." This prohibition is absolute and does not contain any language that allows for exceptions, including "unknowing" violations. Certified Fraud Examiners are held to a high standard and are expected to be aware of and comply with all applicable laws, regulations, and ethical standards relevant to their professional duties. Ignorance of the law or ethical requirements is not considered a valid defense for a violation.

The "True" option is incorrect because it fabricates an exception that does not exist in the official text of the ACFE Code of Professional Ethics. The ethical obligation to avoid illegal or unethical conduct is stated without qualification.

1. Association of Certified Fraud Examiners. (2024). Code of Professional Ethics. ACFE. Retrieved from https://www.acfe.com/about-acfe/code-of-professional-ethics.

Reference Specifics: Article II of the Code states the prohibition absolutely: "A Certified Fraud Examiner shall not engage in any illegal or unethical conduct

nor in any activity which would constitute a conflict of interest." The text provides no exceptions for intent or knowledge.

2. Association of Certified Fraud Examiners. (2023). Fraud Examiners Manual

International Edition. Austin

TX: ACFE.

Reference Specifics: Section 4

"Professional Standards and Practices

" subsection "ACFE Code of Professional Ethics." This section details the responsibilities of CFEs under the Code. The manual explains that the prohibitions are strict and that CFEs have a professional duty to remain informed about the laws and ethical standards governing their work

precluding a defense based on being "unknowing."