Question 1

Which of the following offender types in which people who take the money and run away?

Accepted Answer

Correct answer: A

Question 2

Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

Accepted Answer

Correct answer: A

Question 3

______ can be detected by closely examining the documentation submitted with the cash receipts.

Accepted Answer

Correct answer: B

Question 4

The principle behind full disclosure is:

Accepted Answer

Correct answer: A

Question 5

Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

Accepted Answer

Correct answer: A

Question 6

The seller??s price to the buyer is not fixed or determinable when:

Accepted Answer

Correct answer: B

Question 7

Organizations that had external audits actually had higher median losses and longer lasting fraud schemes than those organizations that were not audited.

Accepted Answer

Correct answer: A

Question 8

What can make it easy for an employee to skim sales or receivables?

Accepted Answer

Correct answer: B

Question 9

Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

Accepted Answer

Correct answer: C

Question 10

The most common method of detection in corruption cases is:

Accepted Answer

Correct answer: C