Question 1

Which of the following is one of the six attributes of white-collar crimes?

Accepted Answer

A)  lack of integrity 
B)  concealment 
C)  pretense 
D)  loss of standing 
A)  lack of integrity 
B)  concealment 
C)  pretense 
D)  loss of standing

Question 2

Which of the following is a process by which a person attempts to make his or her actual or intended behavior more logical or justified?

Accepted Answer

A)  rationalization 
B)  justification 
C)  validation 
D)  corroboration 
A)  rationalization 
B)  justification 
C)  validation 
D)  corroboration

Question 3

A criminal offense is a violation of local,state,or federal law that prohibits certain conduct.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following scenarios indicate post-conviction strategies used by white-collar offenders?

Accepted Answer

A)  Laviler, Inc. filed for bankruptcy after the banks refused to reschedule the repayment of loan dues. 
B)  Shay does not own any bank account or assets and keeps all his cash in his cupboard. 
C)  Kuriten, Inc. pays all her expenditures and debts in cash but insists on bank checks for all receipts. 
D)  Gisselle does not believe in accumulating assets and invests all her cash in mutual funds. 
A)  Laviler, Inc. filed for bankruptcy after the banks refused to reschedule the repayment of loan dues. 
B)  Shay does not own any bank account or assets and keeps all his cash in his cupboard. 
C)  Kuriten, Inc. pays all her expenditures and debts in cash but insists on bank checks for all receipts. 
D)  Gisselle does not believe in accumulating assets and invests all her cash in mutual funds.

Question 5

Which of the following is a white-collar crime as identified by FBI?

Accepted Answer

A)  foreign lottery fraud 
B)  social security fraud 
C)  robbery 
D)  food and stamp fraud 
A)  foreign lottery fraud 
B)  social security fraud 
C)  robbery 
D)  food and stamp fraud

Question 6

Which of the following is true of the fraud scale?

Accepted Answer

A)  Fraud is more likely to occur when there is high pressure, greater opportunity, and low personal integrity. 
B)  Fraud is more likely to occur when there is low pressure, lesser opportunity, and low personal integrity. 
C)  Fraud is more likely to occur when there is high pressure, lesser opportunity, and low personal integrity. 
D)  Fraud is more likely to occur when there is low pressure, greater opportunity, and low personal integrity. 
A)  Fraud is more likely to occur when there is high pressure, greater opportunity, and low personal integrity. 
B)  Fraud is more likely to occur when there is low pressure, lesser opportunity, and low personal integrity. 
C)  Fraud is more likely to occur when there is high pressure, lesser opportunity, and low personal integrity. 
D)  Fraud is more likely to occur when there is low pressure, greater opportunity, and low personal integrity.

Question 7

Which of the following elements is present in a fraud diamond but not in a fraud triangle?

Accepted Answer

A)  integrity 
B)  capability 
C)  pressure 
D)  rationalization 
A)  integrity 
B)  capability 
C)  pressure 
D)  rationalization

Question 8

Which of the following is required to establish fraudulent intent in the absence of a direct confession?

Accepted Answer

A)  documentary evidence 
B)  character evidence 
C)  demonstrative evidence 
D)  circumstantial evidence 
A)  documentary evidence 
B)  character evidence 
C)  demonstrative evidence 
D)  circumstantial evidence

Question 9

Which of the following factors is true of circumstantial evidence?

Accepted Answer

A)  It provides "proof certain" of the actual intent of the subject. 
B)  It is a collection of fragmented evidence that supports one inference over another. 
C)  It is deemed highly reliable if alternative explanations do exist. 
D)  Its reliability is not affected by the degree of impact. 
A)  It provides "proof certain" of the actual intent of the subject. 
B)  It is a collection of fragmented evidence that supports one inference over another. 
C)  It is deemed highly reliable if alternative explanations do exist. 
D)  Its reliability is not affected by the degree of impact.

Question 10

External locus of control is a characteristic of a typical white-collar fraudster.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following describes fraud?

Accepted Answer

A)  a crime of intent 
B)  a crime of innocence 
C)  a crime of revenge 
D)  a crime of honor 
A)  a crime of intent 
B)  a crime of innocence 
C)  a crime of revenge 
D)  a crime of honor

Question 12

Which of the following is true of organizational misconduct?

Accepted Answer

A)  It is defined as the misconduct performed by individuals on behalf of an organization. 
B)  It is generally not influenced by an organization's "tone at the top." 
C)  It is perpetrated by an organization's rivals or competitors to hinder the growth or success of its business. 
D)  It is perpetrated by the lower-level management out of loyalty to the organization. 
A)  It is defined as the misconduct performed by individuals on behalf of an organization. 
B)  It is generally not influenced by an organization's "tone at the top." 
C)  It is perpetrated by an organization's rivals or competitors to hinder the growth or success of its business. 
D)  It is perpetrated by the lower-level management out of loyalty to the organization.

Question 13

Which of the following is a red flag of personal fraud characteristics?

Accepted Answer

A)  difficulty in controlling anger 
B)  excessive gambling habits 
C)  impulsive behavior 
D)  depression 
A)  difficulty in controlling anger 
B)  excessive gambling habits 
C)  impulsive behavior 
D)  depression

Question 14

Which of the following is the goal of post-conviction strategies used by white-collar offenders?

Accepted Answer

A)  to make oneself judgment-proof 
B)  to ensure that no further legal actions are faced 
C)  to protect oneself from being financially sued in the future 
D)  to avoid payment of restitution 
A)  to make oneself judgment-proof 
B)  to ensure that no further legal actions are faced 
C)  to protect oneself from being financially sued in the future 
D)  to avoid payment of restitution

Question 15

Who conducted the seminal research on which the fraud theory was founded?

Accepted Answer

A)  Edwin Sunderland 
B)  Donald Cressey 
C)  Skousen and Wright 
D)  Wolfe and Hermanson 
A)  Edwin Sunderland 
B)  Donald Cressey 
C)  Skousen and Wright 
D)  Wolfe and Hermanson

Question 16

Which of the following is the most common type of financial statement fraud?

Accepted Answer

A)  understatement of losses 
B)  overvaluation of reserves 
C)  overstatement of revenues 
D)  undervaluation of liabilities 
A)  understatement of losses 
B)  overvaluation of reserves 
C)  overstatement of revenues 
D)  undervaluation of liabilities

Question 17

White-collar crimes have a potential for violence.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is true of typical white-collar fraudsters?

Accepted Answer

A)  They have an internal locus of control. 
B)  They hold a lower management position. 
C)  They have below-average intelligence. 
D)  They are relatively well-educated. 
A)  They have an internal locus of control. 
B)  They hold a lower management position. 
C)  They have below-average intelligence. 
D)  They are relatively well-educated.

Question 19

According to the traditional economic theory,which of the following motivates smart,talented,well-educated,and seemingly respectable individuals to commit fraud?

Accepted Answer

A)  self-interest 
B)  incentive 
C)  pressure 
D)  desire 
A)  self-interest 
B)  incentive 
C)  pressure 
D)  desire

Question 20

The most common type of financial statement fraud is overvaluation of assets.

Accepted Answer

A) True 
 B)False

Which of the following is one of the six attributes of white-collar crimes?

Which of the following is a process by which a person attempts to make his or her actual or intended behavior more logical or justified?

A criminal offense is a violation of local,state,or federal law that prohibits certain conduct.

Which of the following scenarios indicate post-conviction strategies used by white-collar offenders?

Which of the following is a white-collar crime as identified by FBI?

Which of the following is true of the fraud scale?

Which of the following elements is present in a fraud diamond but not in a fraud triangle?

Which of the following is required to establish fraudulent intent in the absence of a direct confession?

Which of the following factors is true of circumstantial evidence?

External locus of control is a characteristic of a typical white-collar fraudster.

Which of the following describes fraud?

Which of the following is true of organizational misconduct?

Which of the following is a red flag of personal fraud characteristics?

Which of the following is the goal of post-conviction strategies used by white-collar offenders?

Who conducted the seminal research on which the fraud theory was founded?

Which of the following is the most common type of financial statement fraud?

White-collar crimes have a potential for violence.

Which of the following is true of typical white-collar fraudsters?

According to the traditional economic theory,which of the following motivates smart,talented,well-educated,and seemingly respectable individuals to commit fraud?

The most common type of financial statement fraud is overvaluation of assets.

Introduction to the World of Forensic Accounting

The Legal Environment of Forensic Accounting

Screening and Staging Engagements

Gathering Evidence Interviews and Observations

Financial Statements Analysis Reading Between the Lines

Conducting a Fraud Investigation

Transforming Data Into Evidence

Transforming Data Into Evidence

Professional Responsibilities

Fundamentals of Business Valuation

Special Topics

Filters

Exam 6: Fraud and White-Collar Crime

Which of the following is one of the six attributes of white-collar crimes?

Which of the following is a process by which a person attempts to make his or her actual or intended behavior more logical or justified?

A criminal offense is a violation of local,state,or federal law that prohibits certain conduct.

Which of the following scenarios indicate post-conviction strategies used by white-collar offenders?

Which of the following is a white-collar crime as identified by FBI?

Which of the following is true of the fraud scale?

Which of the following elements is present in a fraud diamond but not in a fraud triangle?

Which of the following is required to establish fraudulent intent in the absence of a direct confession?

Which of the following factors is true of circumstantial evidence?

External locus of control is a characteristic of a typical white-collar fraudster.

Which of the following describes fraud?

Which of the following is true of organizational misconduct?

Which of the following is a red flag of personal fraud characteristics?

Which of the following is the goal of post-conviction strategies used by white-collar offenders?

Who conducted the seminal research on which the fraud theory was founded?

Which of the following is the most common type of financial statement fraud?

White-collar crimes have a potential for violence.

Which of the following is true of typical white-collar fraudsters?

According to the traditional economic theory,which of the following motivates smart,talented,well-educated,and seemingly respectable individuals to commit fraud?

The most common type of financial statement fraud is overvaluation of assets.

Introduction to the World of Forensic Accounting

The Legal Environment of Forensic Accounting

Screening and Staging Engagements

Gathering Evidence Interviews and Observations

Financial Statements Analysis Reading Between the Lines

Conducting a Fraud Investigation

Transforming Data Into Evidence

Transforming Data Into Evidence

Professional Responsibilities

Fundamentals of Business Valuation

Special Topics

Filters