A) a file that includes the purchase order that was send to the vendor, the vendor invoice listing the cost and quantity of items purchased, and the internal receiving reports that verify the purchased items have been delivered. B) a figure that includes the sale order that was send to the dealer, the vendor invoice listing the cost and quantity of items sold, and the internal receiving reports that verify the purchased items have been delivered. C) a report that includes the purchase order that was send to the vendor, the vendor invoice listing the quality and quantity of items purchased, and the external receiving reports that verify the items have been sold. D) a mammogram that includes the purchase order that was send to the purchaser, the purchaser invoice listing the benefits and quantity of items purchased, and the internal receiving reports that verify the purchased items have been sold. A) a file that includes the purchase order that was send to the vendor, the vendor invoice listing the cost and quantity of items purchased, and the internal receiving reports that verify the purchased items have been delivered. B) a figure that includes the sale order that was send to the dealer, the vendor invoice listing the cost and quantity of items sold, and the internal receiving reports that verify the purchased items have been delivered. C) a report that includes the purchase order that was send to the vendor, the vendor invoice listing the quality and quantity of items purchased, and the external receiving reports that verify the items have been sold. D) a mammogram that includes the purchase order that was send to the purchaser, the purchaser invoice listing the benefits and quantity of items purchased, and the internal receiving reports that verify the purchased items have been sold.

Exam 1: Certified Fraud Examiner

According to accounting principles, and should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

(Multiple Choice)

5.0/5

(92)

Question 101

SIMULATION _________ is defined as a person who works for the victim organization and who is primary culprit

(Short Answer)

4.7/5

(80)

Question 102

A shell company scheme in which actual goods or services are sold to the victim company is known as:

(Multiple Choice)

4.9/5

(77)

Question 103

Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

(True/False)

4.7/5

(94)

Question 104

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

(Multiple Choice)

4.9/5

(68)

Question 105

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

(Multiple Choice)

4.8/5

(78)

Question 106

In Cressey's fraud triangle, its three of the legs are Opportunity, Pressure and

(Multiple Choice)

4.9/5

(86)

Question 107

Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

(True/False)

4.8/5

(83)

Question 108

Skimming cases can more likely to be detected by:

(Multiple Choice)

4.8/5

(72)

Question 109

A voucher is:

(Multiple Choice)

4.9/5

(72)

Question 110

Which of the following must be present for a fraud to exist?

(Multiple Choice)

4.9/5

(84)

Question 111

________ decrease assets and expenses and/or increase liabilities and/or equity

(Multiple Choice)

5.0/5

(79)

Question 112

_ and are used to increase (or decrease) the equity account.

(Multiple Choice)

4.8/5

(84)

Question 113

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

(Multiple Choice)

4.9/5

(82)

Question 114

Which check tampering red flag may indicate employees have embezzled cash and charged the embezzlement to expense accounts?

(Multiple Choice)

4.9/5

(69)

Question 115

Which of the following is true for Red flags associated with fictitious revenues?

(Multiple Choice)

4.8/5

(79)

Question 116

A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

(Multiple Choice)

4.9/5

(86)

Question 117

Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

(Multiple Choice)

4.8/5

(82)

Question 118

Which of the following method is NOT used to detect conflicts of interest?

(Multiple Choice)

4.9/5

(78)

Question 119

In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.

(Multiple Choice)

4.8/5

(81)

Question 120

Showing 101 - 120 of 160

Exam 1: Certified Fraud Examiner

According to accounting principles, ________ and ________ should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

SIMULATION _________ is defined as a person who works for the victim organization and who is primary culprit

A shell company scheme in which actual goods or services are sold to the victim company is known as:

Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

A ___________ occurs when an employee, manager or executive has an undisclosed economic or personal interest in a transaction that adversely affects the organization.

In Cressey's fraud triangle, its three of the legs are Opportunity, Pressure and

Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

Skimming cases can more likely to be detected by:

A voucher is:

Which of the following must be present for a fraud to exist?

________ decrease assets and expenses and/or increase liabilities and/or equity

___________ and __________ are used to increase (or decrease) the equity account.

The scheme which reduces victim companies to issue fraudulent payments for goods or services that they have not received is called:

Which check tampering red flag may indicate employees have embezzled cash and charged the embezzlement to expense accounts?

Which of the following is true for Red flags associated with fictitious revenues?

A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

Which of the following method is NOT used to detect conflicts of interest?

In which approach, fraudsters produce whatever financial statements they wish, perhaps using just a typewriter or a personal computer.

Filters

According to accounting principles, and should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

_ and are used to increase (or decrease) the equity account.