Question 1

Which of the following will NOT explain a change in net worth?

Accepted Answer

A) Inflation 
B)  Income 
C)  Liabilities 
D)  Inheritances 
A) Inflation 
B)  Income 
C)  Liabilities 
D)  Inheritances

Question 2

When can a search warrant be executed?

Accepted Answer

A)  Between 6 a.m. and 10 p.m. 
B)  Anytime. 
C)  Only when the occupants are not home. 
D)  Only when the suspect is present. 
A)  Between 6 a.m. and 10 p.m. 
B)  Anytime. 
C)  Only when the occupants are not home. 
D)  Only when the suspect is present.

Question 3

Two common approaches to using ratio analysis are:

Accepted Answer

A)  Internal and external. 
B)  Horizontal and vertical. 
C)  Formal and informal. 
D)  Industry and general. 
A)  Internal and external. 
B)  Horizontal and vertical. 
C)  Formal and informal. 
D)  Industry and general.

Question 4

List the four ways documentary evidence is obtained.

Accepted Answer

1) searching public records, including c

Question 5

Once financial statement fraud is suspected, how should the fraud investigator proceed?

Accepted Answer

A)  Call the district attorney to begin criminal proceedings. 
B)  Determine whether the financial statements agree with the general ledger balances. 
C)  Perform a Benford's Law test. 
D)  Interview the accounting department staff. 
A)  Call the district attorney to begin criminal proceedings. 
B)  Determine whether the financial statements agree with the general ledger balances. 
C)  Perform a Benford's Law test. 
D)  Interview the accounting department staff.

Question 6

Confirmation is the receipt of evidence from third-parties of information that is (or should be) in the financial statements.

Accepted Answer

A) True 
 B)False

Question 7

Alterations of documents might include:

Accepted Answer

A)  Added signatures after the document was created. 
B)  Removal of letters or numbers on a document. 
C)  Symbols that have been added or removed. 
D)  All of the above. 
A)  Added signatures after the document was created. 
B)  Removal of letters or numbers on a document. 
C)  Symbols that have been added or removed. 
D)  All of the above.

Question 8

The general principle of Benford's Law is that:

Accepted Answer

A)  If fraud exists, the difference between horizontal analysis figures will be divisible by 9. 
B)  Ratios will be increased or decreased by one digit if fraud exists. 
C)  The likelihood that numbers 1, 2, 3, 4, 5, 6, 7, 8, and 9 will appear as the first digit in numbers occurring in a random data set conforms to a predictable pattern. 
D)  The likelihood that numbers 2, 4, 6, 8 and 10 will appear as the first digit in numbers occurring in a random data sets conforms to a predictable pattern. 
A)  If fraud exists, the difference between horizontal analysis figures will be divisible by 9. 
B)  Ratios will be increased or decreased by one digit if fraud exists. 
C)  The likelihood that numbers 1, 2, 3, 4, 5, 6, 7, 8, and 9 will appear as the first digit in numbers occurring in a random data set conforms to a predictable pattern. 
D)  The likelihood that numbers 2, 4, 6, 8 and 10 will appear as the first digit in numbers occurring in a random data sets conforms to a predictable pattern.

Question 9

Vehicle, license and boat registrations are all examples of public databases.

Accepted Answer

A) True 
 B)False

Question 10

Evidence includes:

Accepted Answer

A)  Physical objects 
B)  Documents 
C)  Observations 
D)  All of the above 
A)  Physical objects 
B)  Documents 
C)  Observations 
D)  All of the above

Which of the following will NOT explain a change in net worth?

When can a search warrant be executed?

Two common approaches to using ratio analysis are:

List the four ways documentary evidence is obtained.

Once financial statement fraud is suspected, how should the fraud investigator proceed?

Confirmation is the receipt of evidence from third-parties of information that is (or should be) in the financial statements.

Alterations of documents might include:

The general principle of Benford's Law is that:

Vehicle, license and boat registrations are all examples of public databases.

Evidence includes:

Introduction to Forensic Accounting and Fraud Examination

The Forensic Accounting Legal Environment

Fundamentals I: Accounting Information Systems

Fundamentals II: The Auditing Environment

Fraud Prevention and Risk Management

Fraud Detection

The Fraud Investigation and Engagement Processes

The Evidence Collection Process

Fraud Examination Evidence II: Interview and Interrogation Methods

Fraud Examination Evidence III: Forensic Science and Computer Forensics

The Fraud Report, Litigation, and the Recovery Process

Employee, Vendor, and Other Frauds Against the Organization

Financial Statement Fraud

Fraud and Sox Compliance

Tax Fraud

Bankruptcy, Divorce, Identity Theft

Organized Crime, Counterterrorism, and Anti-Money Laundering

Business Valuation

Dispute Resolution Services

Filters

Exam 9: Fraud Examination Evidence I: Physical, Documentary, and Observational Evidence

Which of the following will NOT explain a change in net worth?

When can a search warrant be executed?

Two common approaches to using ratio analysis are:

List the four ways documentary evidence is obtained.

Once financial statement fraud is suspected, how should the fraud investigator proceed?

Confirmation is the receipt of evidence from third-parties of information that is (or should be) in the financial statements.

Alterations of documents might include:

The general principle of Benford's Law is that:

Vehicle, license and boat registrations are all examples of public databases.

Evidence includes:

Introduction to Forensic Accounting and Fraud Examination

The Forensic Accounting Legal Environment

Fundamentals I: Accounting Information Systems

Fundamentals II: The Auditing Environment

Fraud Prevention and Risk Management

Fraud Detection

The Fraud Investigation and Engagement Processes

The Evidence Collection Process

Fraud Examination Evidence II: Interview and Interrogation Methods

Fraud Examination Evidence III: Forensic Science and Computer Forensics

The Fraud Report, Litigation, and the Recovery Process

Employee, Vendor, and Other Frauds Against the Organization

Financial Statement Fraud

Fraud and Sox Compliance

Tax Fraud

Bankruptcy, Divorce, Identity Theft

Organized Crime, Counterterrorism, and Anti-Money Laundering

Business Valuation

Dispute Resolution Services

Filters