Which of the following offender types in which people who take the money and run away?
Answer : A
Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.
Answer : A
A shell company scheme in which actual goods or services are sold to the victim company is known as:
Answer : D
A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:
Answer : B
Bank statement are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:
Answer : C
According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.
Answer : A
Which of the following is not the skimming scheme?
Answer : B
________, one of the Fraud synonyms implies that deceiving so thoroughly as to obscure the truth:
Answer : B
Depreciation is especially applicable when companies try to overvalue their assets and net worth; the lower their depreciation expense, the higher the companys profits.
Answer : A
According to a survey, in principal perpetrator, males in a majority of cases, accounting for
___ percent of frauds versus ___ percent in which a female was the primary culprit.
Answer : B
The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:
Answer : B
________ increase assets and expenses and/or decrease liabilities and/or equity
Answer : B
The fraudsters’ interest lies with an employer other than a company.
Answer : B
Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:
Answer : C