Question 1

What are some of the distinguishing characteristics of fraud perpetrators?

Accepted Answer

Some distinguishing characteristics of f

Question 2

This component of the fraud triangle explains the incentive or motivation for someone to commit fraud.

Accepted Answer

A) Pressure 
B) Rationalization 
C) Concealment 
D) Opportunity 
A) Pressure 
B) Rationalization 
C) Concealment 
D) Opportunity

Question 3

Explain the various computer fraud classifications using the data processing model.Provide an example for each computer fraud classification.

Accepted Answer

Computer fraud can be classified into th

Question 4

Undetected data transmission errors are an example of a(n)________ threat.

Accepted Answer

A) natural and political disasters 
B) software errors and equipment malfunctions 
C) unintentional acts 
D) intentional acts (computer crimes) 
A) natural and political disasters 
B) software errors and equipment malfunctions 
C) unintentional acts 
D) intentional acts (computer crimes)

Question 5

Intentional or reckless conduct that results in materially misleading financial statements is called

Accepted Answer

A) financial fraud. 
B) misstatement fraud. 
C) fraudulent financial reporting. 
D) audit failure fraud. 
A) financial fraud. 
B) misstatement fraud. 
C) fraudulent financial reporting. 
D) audit failure fraud.

Question 6

Describe ways that the Treadway Commission has recommended to reduce fraudulent financial reporting.

Accepted Answer

The Treadway Commission recommended four

Question 7

Sabotage is an example of a(n)________ threat.

Accepted Answer

A) natural and political disasters 
B) software errors and equipment malfunctions 
C) unintentional acts 
D) intentional acts (computer crimes) 
A) natural and political disasters 
B) software errors and equipment malfunctions 
C) unintentional acts 
D) intentional acts (computer crimes)

Question 8

Describe at least four ways a company can make fraud less likely to occur.

Accepted Answer

A company can decrease fraud by: good hi

Question 9

________ is a simple,yet effective,method for catching or preventing many types of employee fraud.

Accepted Answer

A) Requiring all employees to take annual vacations 
B) Monitoring all employees computer usage activities 
C) Requiring all employees to take a fraud prevention awareness course 
D) Explaining that fraud is illegal and will be severely punished to employees 
A) Requiring all employees to take annual vacations 
B) Monitoring all employees computer usage activities 
C) Requiring all employees to take a fraud prevention awareness course 
D) Explaining that fraud is illegal and will be severely punished to employees

Question 10

Most frauds are detected by

Accepted Answer

A) external auditors. 
B) hotline tip. 
C) internal auditors. 
D) forensic accountants. 
A) external auditors. 
B) hotline tip. 
C) internal auditors. 
D) forensic accountants.

Question 11

Describe two kinds of fraud.

Accepted Answer

Misappropriation of assets,or theft,by a

Question 12

The simplest and most common way to commit a computer fraud is to

Accepted Answer

A) alter computer input. 
B) alter computer output. 
C) modify the processing. 
D) corrupt the database. 
A) alter computer input. 
B) alter computer output. 
C) modify the processing. 
D) corrupt the database.

Question 13

The two most common types of fraud impacting financial statements are

Accepted Answer

A) corruption and fraudulent financial reporting. 
B) misappropriation of assets and embezzlement. 
C) fraudulent financial reporting and e-commerce fraud. 
D) fraudulent financial reporting and misappropriation of assets. 
A) corruption and fraudulent financial reporting. 
B) misappropriation of assets and embezzlement. 
C) fraudulent financial reporting and e-commerce fraud. 
D) fraudulent financial reporting and misappropriation of assets.

Question 14

SAS No.99 requires that auditors

Accepted Answer

A) plan audits based on an analysis of fraud risk. 
B) detect all material fraud. 
C) alert the Securities and Exchange Commission of any fraud detected. 
D) take all of the above actions. 
A) plan audits based on an analysis of fraud risk. 
B) detect all material fraud. 
C) alert the Securities and Exchange Commission of any fraud detected. 
D) take all of the above actions.

Question 15

Fraud perpetrators do not typically

Accepted Answer

A) attempt to return or pay back stolen amounts soon after the initial theft, but find they are unable to make full restitution. 
B) use trickery or lies to gain the confidence and trust of others at the organization they defraud. 
C) become bolder and more greedy the longer the theft remains undetected. 
D) begin to rely on stolen amounts as part of their income. 
A) attempt to return or pay back stolen amounts soon after the initial theft, but find they are unable to make full restitution. 
B) use trickery or lies to gain the confidence and trust of others at the organization they defraud. 
C) become bolder and more greedy the longer the theft remains undetected. 
D) begin to rely on stolen amounts as part of their income.

Question 16

Which type of threat poses the greatest risk to information systems?

Accepted Answer

A) Software errors and equipment malfunctions 
B) Unintentional acts 
C) Intentional acts (computer crimes) 
D) Natural and political disasters 
A) Software errors and equipment malfunctions 
B) Unintentional acts 
C) Intentional acts (computer crimes) 
D) Natural and political disasters

Question 17

The most efficient way to conceal asset misappropriation is to

Accepted Answer

A) understate a stolen inventory item an asset account. 
B) charge a stolen inventory item to an expense account. 
C) not talk about the theft with anyone in the company. 
D) record fictitious payments to vendors. 
A) understate a stolen inventory item an asset account. 
B) charge a stolen inventory item to an expense account. 
C) not talk about the theft with anyone in the company. 
D) record fictitious payments to vendors.

Question 18

Most fraud perpetrators have previous criminal record; they were dishonest and disrespected members of their community.

Accepted Answer

A) True 
 B)False

Question 19

The fraud that requires the least computer knowledge or skill involves

Accepted Answer

A) altering or falsifying source data. 
B) unauthorized use of computers. 
C) tampering with or copying software. 
D) forging documents like paychecks. 
A) altering or falsifying source data. 
B) unauthorized use of computers. 
C) tampering with or copying software. 
D) forging documents like paychecks.

Question 20

At Facebook,an automated system for verifying configuration value errors backfired,causing every single client to try to fix accurate data it perceived as invalid.Since the fix involved querying a cluster of databases,that cluster was quickly overwhelmed by hundreds of thousands of queries a second.The resultant crash took the Facebook system offline for two-and-a-half hours.

Accepted Answer

A) True 
 B)False

Exam 5: Computer Fraud

What are some of the distinguishing characteristics of fraud perpetrators?

This component of the fraud triangle explains the incentive or motivation for someone to commit fraud.

Explain the various computer fraud classifications using the data processing model.Provide an example for each computer fraud classification.

Undetected data transmission errors are an example of a(n)________ threat.

Intentional or reckless conduct that results in materially misleading financial statements is called

Describe ways that the Treadway Commission has recommended to reduce fraudulent financial reporting.

Sabotage is an example of a(n)________ threat.

Describe at least four ways a company can make fraud less likely to occur.

________ is a simple,yet effective,method for catching or preventing many types of employee fraud.

Most frauds are detected by

Describe two kinds of fraud.

The simplest and most common way to commit a computer fraud is to

The two most common types of fraud impacting financial statements are

SAS No.99 requires that auditors

Fraud perpetrators do not typically

Which type of threat poses the greatest risk to information systems?

The most efficient way to conceal asset misappropriation is to

Most fraud perpetrators have previous criminal record; they were dishonest and disrespected members of their community.

The fraud that requires the least computer knowledge or skill involves

Conceptual Foundations of Accounting Information Systems

Overview of Transaction Processing and Enterprise Resource Planning Systems

Systems Documentation Techniques

Relational Databases

Computer Fraud and Abuse Techniques

Control and Accounting Information Systems

Controls for Information Security

Confidentiality and Privacy Controls

Processing Integrity and Availability Controls

Auditing Computer-Based Information Systems

The Revenue Cycle: Sales to Cash Collections

The Expenditure Cycle: Purchasing to Cash Disbursements

The Production Cycle

The Human Resources Management and Payroll Cycle

General Ledger and Reporting System

Database Design Using the Rea Data Model

Implementing an Rea Model in a Relational Database

Special Topics in Rea Modeling

Introduction to Systems Development and Systems Analysis

Ais Development Strategies

Systems Design, implementation, and Operation

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