Question

Received 10 out of 10 correct. Answers are inBOLD.

1. (TCO F) Which of the following factors should be consideredwhen determining whether to employ outside consultants during afraud examination engagement? (Points : 3) Company politics Thedegree of expertise required for specific tasks Potential threatsof retaliation against internal investigators ALL OF THEABOVE

Question 2.2. (TCO F) In most cases, which of the followingparties should be primarily responsible for directing a fraudexamination? (Points : 3) The external auditors The head of thesecurity department THE COMPANY’S LEGAL COUNSELThe human resources manager

Question 3.3. (TCO F) _____ refers to establishing how and whena piece of evidence was received; how it was maintained or storedwhile in each person’s possession; what changes, if any, itunderwent in that person’s custody; and how it left that person’scustody. (Points : 3) Authentication Forensic examinationCHAIN OF CUSTODY None of the above

Question 4.4. (TCO F) _____ involves obtaining informationthrough the use of falsehoods or deception. (Points : 3)PRETEXTING Subject manipulation Forensicinvestigation Surveillance

Question 5.5. (TCO F) In which section of the standard fraudexamination report should the investigator discuss the identity andbackground information obtained about the individuals implicated inthe matter under investigation? (Points : 3) Summary IntroductionBODY Results

Question 6.6. (TCO F) For the past several months the AdamsShop, a mom and pop retail store, has suffered costly losses due tothe theft of merchandise. Putting in a comprehensive surveillancesystem that covers all of the entrances and exits at all four oftheir locations are not feasible at this time. Nevertheless, theyhave decided to install several surveillance cameras in theirflagship store. They notified their employees that the cameras werebeing installed and placed posters at the store entrances notifyingtheir customers of the new security. Not surprisingly, theftsdecreased dramatically within a month and continued to decline overthe next six months. Without the cash to install cameras in all thestores, Adams installed fake cameras at the other three stores andlet employees and customers at those locations know about thecameras. Thefts dropped at the other stores as well. The conceptthat most likely explains why the thefts decreased is known as:(Points : 3) PERCEPTION OF DETECTION Proactivedeterrence Surreptitious detection Pre-emptive anti-fraudstrikes

Question 7.7. (TCO F) Which of the following choices is not anaction that will increase the perception of detection within anorganization? (Points : 3) CONDUCTING CLANDESTINEAUDITS Increasing the use of analytical reviews Developingemployee anti-fraud education programs Establishing a reportingprogram

Question 8.8. (TCO F) As it relates to Corporate SentencingGuidelines, corporations are required to perform certain minimumsteps for due diligence. Which of the following is not one of therequired steps? (Points : 3) Consistently enforce standards throughappropriate discipline. Have policies defining standards andprocedures to be followed by the organization’s agents andemployees. ASSIGN INTERNAL AUDIT PERSONNEL TO ENSURECOMPLIANCE. Use due care not to delegate significantauthority to people who are known to have a propensity to engage inillegal activities.

Question 9.9. (TCO F) The concept of _____ provides thatcorporations can legally be held criminally responsible for theacts of their employees if those acts were done in the course andscope of their employment and for the apparent benefit of thecorporation. (Points : 3) civil responsibility displaced criminalsanctions IMPUTED LIABILITY connectedaccountability

Question 10.10. (TCO F) The tone at the top that is set bymanagement is more important in providing a strong ethical messageto employees than having _____. (Points : 3) A FORMALORGANIZATIONAL ETHICS POLICY a strong company ethicsstatement a whistleblower protection program required ethicaltraining for all associates