Question 1

The highest percent of asset misappropriation occurs through:

Accepted Answer

A)  Larceny 
B)  Skimming 
C)  Asset borrowing 
D)  Fraudulent disbursements 
A)  Larceny 
B)  Skimming 
C)  Asset borrowing 
D)  Fraudulent disbursements

Question 2

The most basic skimming schemes occurs when:

Accepted Answer

A)  Fraudulent checks are prepared for personal use 
B)  Money taken from the cash register is disguised as a false return 
C)  Money is taken from the sale of goods or services but not recorded as a sale 
D)  None of the above 
A)  Fraudulent checks are prepared for personal use 
B)  Money taken from the cash register is disguised as a false return 
C)  Money is taken from the sale of goods or services but not recorded as a sale 
D)  None of the above

Question 3

Which of the following is not a skimming scheme?

Accepted Answer

A)  Misappropriate customer payments and write off the receivable as "uncollectible' 
B)  Intercept checks intended for a third party and convert the checks to cash for their own use 
C)  Understate sales and collections by recording false or larger-than-reality sales discounts 
D)  Collude with customers so that they either pay later than required or less than required 
A)  Misappropriate customer payments and write off the receivable as "uncollectible' 
B)  Intercept checks intended for a third party and convert the checks to cash for their own use 
C)  Understate sales and collections by recording false or larger-than-reality sales discounts 
D)  Collude with customers so that they either pay later than required or less than required

Question 4

Theft of cash through fraudulent disbursements includes which of the following?

Accepted Answer

A)  Check tampering 
B)  Register-disbursement schemes 
C)  Billing Schemes 
D)  All of the above 
A)  Check tampering 
B)  Register-disbursement schemes 
C)  Billing Schemes 
D)  All of the above

Question 5

Which of the following is not a type of corruption?

Accepted Answer

A)  Bribery 
B)  Extortion 
C)  Check tempering 
D)  Conflict of interest. 
A)  Bribery 
B)  Extortion 
C)  Check tempering 
D)  Conflict of interest.

Question 6

Frauds against organizations are most likely to be perpetrated by:

Accepted Answer

A)  Customers 
B)  Vendors 
C)  Employees 
D)  Management 
A)  Customers 
B)  Vendors 
C)  Employees 
D)  Management

Question 7

Thefts of inventory are divided into which of the following two groups:

Accepted Answer

A)  Corruption and bribery 
B)  Expense scheme and skimming 
C)  Economic extortion and illegal gratuities 
D)  Larceny and misuse 
A)  Corruption and bribery 
B)  Expense scheme and skimming 
C)  Economic extortion and illegal gratuities 
D)  Larceny and misuse

Question 8

What is skimming?

Accepted Answer

A)  Removal of cash from a victim organization before entry into an accounting system 
B)  Very similar to bribery 
C)  Submission of a false or altered invoice that causes an employer to willingly issue a check 
D)  None of the above 
A)  Removal of cash from a victim organization before entry into an accounting system 
B)  Very similar to bribery 
C)  Submission of a false or altered invoice that causes an employer to willingly issue a check 
D)  None of the above

The highest percent of asset misappropriation occurs through:

The most basic skimming schemes occurs when:

Which of the following is not a skimming scheme?

Theft of cash through fraudulent disbursements includes which of the following?

Which of the following is not a type of corruption?

Frauds against organizations are most likely to be perpetrated by:

Thefts of inventory are divided into which of the following two groups:

What is skimming?

The Nature of Fraud

Why People Commit Fraud

Fighting Fraud: An Overview

Preventing Fraud

Recognizing the Symptoms of Fraud

Data-Driven Fraud Detection

Investigating Theft Acts

Investigating Concealment

Conversion Investigation Methods

Inquiry Methods and Fraud Reports

Financial Statement Fraud

Revenue- and Inventory-Related Financial Statement Frauds

Liability, Asset, and Inadequate Disclosure Frauds

Consumer Fraud

Bankruptcy, Divorce, and Tax Fraud

Fraud in E-Commerce

Legal Follow-Up

Filters

Exam 14: Fraud Against Organizations

The highest percent of asset misappropriation occurs through:

The most basic skimming schemes occurs when:

Which of the following is not a skimming scheme?

Theft of cash through fraudulent disbursements includes which of the following?

Which of the following is not a type of corruption?

Frauds against organizations are most likely to be perpetrated by:

Thefts of inventory are divided into which of the following two groups:

What is skimming?

The Nature of Fraud

Why People Commit Fraud

Fighting Fraud: An Overview

Preventing Fraud

Recognizing the Symptoms of Fraud

Data-Driven Fraud Detection

Investigating Theft Acts

Investigating Concealment

Conversion Investigation Methods

Inquiry Methods and Fraud Reports

Financial Statement Fraud

Revenue- and Inventory-Related Financial Statement Frauds

Liability, Asset, and Inadequate Disclosure Frauds

Consumer Fraud

Bankruptcy, Divorce, and Tax Fraud

Fraud in E-Commerce

Legal Follow-Up

Filters