LSU ACCT 4235 FINAL TEST
QUESTIONS WITH ALL CORRECT
ANSWERS ALREADY GRADED A+
Which of the following is not information or advice you would give to the Silver Years
Senior Squad to help them avoid becoming a victim of a telemarketing fraudster?
a. The most effective way to combat telemarketing fraud is through reporting all
telemarketing calls you suspect are fraudulent to the Federal Trade Commission.
b. The elderly are more susceptible to telemarketing fraud than almost any other type of
fraud.
c. Fraudsters need your voluntary participation, so just say "no" or hang up the
telephone when you suspect a fraudulent telemarketing call.
d. Realize that fraudsters are masters of manipulation and focus on manipulating
human traits such as greed, fear, excitement, and gullibility. - Answer-a. The most
effective way to combat telemarketing fraud is through reporting all telemarketing calls
you suspect are fraudulent to the Federal Trade Commission.
Check tampering is unique among the disbursement frauds because it is the one group
of schemes in which the perpetrator actually prepares the check or takes physical
control of the check and converts it for his or her own benefit.
a. True
b. False - Answer-a. True
The best way to obtain documentary evidence is:
a. by chance, accident, or tip discovery.
b. through computer-based queries of full-population accounting and other databases.
c. through interviews and interrogations.
d. through discovery sampling. - Answer-b. through computer-based queries of full-
population accounting and other databases.
Which of the following is not one of the common stages of a criminal case?
a. Discovery.
b. Filing a criminal charge.
c. Filing a complaint.
d. Trial and appeal. - Answer-c. Filing a complaint.
What is the term for the risk that the sample was not representative of the population?
a. Systematic risk
b. Nonsampling risk
c. Sampling risk
d. Compliance risk - Answer-c. Sampling risk
,What is another term used for discovery sampling?
a. Investigative sampling
b. Probability sampling
c. Statistical sampling
d. Stop-and-go sampling - Answer-c. Statistical sampling
Which of the following rights is not provided by the Fifth Amendment?
a. Individuals have the right to refuse to incriminate themselves.
b. Individuals are protected from double jeopardy (being tried twice for the same crime).
c. Miranda rights must be read upon arrest.
d. States cannot seize private property without just compensation. - Answer-c. Miranda
rights must be read upon arrest.
When deposing an expert witness, the opposing attorneys try to achieve all of the
following goals except:
a. Understanding the expert's opinion.
b. Understanding the expert's credentials.
c. Obtaining an assessment of how difficult the expert will be in the case.
d. Seeking admission of guilt. - Answer-d. Seeking admission of guilt.
During cross-examination, expert witnesses should:
a. Respond evasively and ambiguously to tough questions.
b. Maintain the same positions taken during direct testimony.
c. Address areas outside of their areas of expertise.
d. Appreciate opposing council when they act very friendly. - Answer-b. Maintain the
same positions taken during direct testimony.
Having a civil trial before a criminal trial has which of the following benefits?
a. Defendant may make admissions during civil trial that can be used in criminal trial.
b. Greater access to documents of the defendant.
c. Defendant is not guaranteed the right to an attorney.
d. Both the defendant may make admissions during civil trial that can be used in
criminal trial and there is greater access to documents of the defendant. - Answer-d.
Both the defendant may make admissions during civil trial that can be used in criminal
trial and there is greater access to documents of the defendant.
In a civil trial, settlements may be negotiated:
a. At no time once negotiation begins.
b. After arraignment.
c. Only after the judge orders negotiation between parties.
d. At any time during the litigation. - Answer-d. At any time during the litigation.
The Fourth Amendment requires that probable cause exist before a defendant is
arrested or searched. Which of the following levels of evidence is necessary to show
probable cause?
, a. Beyond a reasonable doubt.
b. Speculation or suspicion.
c. Less than certainty, but more than speculation or suspicion.
d. Preponderance of the evidence. - Answer-c. Less than certainty, but more than
speculation or suspicion.
Most court cases are decided in state courts, except when:
a. Federal laws are in question.
b. The case involves several states.
c. The amount exceeds $100,000.
d. Either federal laws are in question or the case involves several states. - Answer-d.
Either federal laws are in question or the case involves several states.
Fraud investigators can assist in a case in which of the following ways?
a. By assisting in the preparation of a production request because of their knowledge of
a case.
b. By preparing questions to ask opposing witnesses during depositions.
c. By preparing questions to ask opposing witnesses during depositions, evaluating
whether documents produced by the opposing side satisfy a production request, and by
assisting in the preparation of a production request because of their knowledge of a
case.
d. By evaluating whether documents produced by the opposing side satisfy a production
request.
e. By preparing questions to ask opposing witnesses during depositions and evaluating
whether documents produced by the opposing side satisfy a production request. -
Answer-c. By preparing questions to ask opposing witnesses during depositions,
evaluating whether documents produced by the opposing side satisfy a production
request, and by assisting in the preparation of a production request because of their
knowledge of a case.
Which of the following actions can fraud victims pursue after sufficient evidence is
obtained?
a. Prosecute in a criminal court.
b. Pursue civil litigation.
c. Take no action at all.
d. Two of these. - Answer-d. Two of these.
During a concealment investigation, an investigator fails to recognize that an invoice
had been forged. This represents a:
a. sampling risk.
b. nonsampling risk.
c. systematic risk.
d. systemic risk. - Answer-b. nonsampling risk.
Which of the following is the term for keeping a record of when a document is received
and what has happened to it since its receipt?
QUESTIONS WITH ALL CORRECT
ANSWERS ALREADY GRADED A+
Which of the following is not information or advice you would give to the Silver Years
Senior Squad to help them avoid becoming a victim of a telemarketing fraudster?
a. The most effective way to combat telemarketing fraud is through reporting all
telemarketing calls you suspect are fraudulent to the Federal Trade Commission.
b. The elderly are more susceptible to telemarketing fraud than almost any other type of
fraud.
c. Fraudsters need your voluntary participation, so just say "no" or hang up the
telephone when you suspect a fraudulent telemarketing call.
d. Realize that fraudsters are masters of manipulation and focus on manipulating
human traits such as greed, fear, excitement, and gullibility. - Answer-a. The most
effective way to combat telemarketing fraud is through reporting all telemarketing calls
you suspect are fraudulent to the Federal Trade Commission.
Check tampering is unique among the disbursement frauds because it is the one group
of schemes in which the perpetrator actually prepares the check or takes physical
control of the check and converts it for his or her own benefit.
a. True
b. False - Answer-a. True
The best way to obtain documentary evidence is:
a. by chance, accident, or tip discovery.
b. through computer-based queries of full-population accounting and other databases.
c. through interviews and interrogations.
d. through discovery sampling. - Answer-b. through computer-based queries of full-
population accounting and other databases.
Which of the following is not one of the common stages of a criminal case?
a. Discovery.
b. Filing a criminal charge.
c. Filing a complaint.
d. Trial and appeal. - Answer-c. Filing a complaint.
What is the term for the risk that the sample was not representative of the population?
a. Systematic risk
b. Nonsampling risk
c. Sampling risk
d. Compliance risk - Answer-c. Sampling risk
,What is another term used for discovery sampling?
a. Investigative sampling
b. Probability sampling
c. Statistical sampling
d. Stop-and-go sampling - Answer-c. Statistical sampling
Which of the following rights is not provided by the Fifth Amendment?
a. Individuals have the right to refuse to incriminate themselves.
b. Individuals are protected from double jeopardy (being tried twice for the same crime).
c. Miranda rights must be read upon arrest.
d. States cannot seize private property without just compensation. - Answer-c. Miranda
rights must be read upon arrest.
When deposing an expert witness, the opposing attorneys try to achieve all of the
following goals except:
a. Understanding the expert's opinion.
b. Understanding the expert's credentials.
c. Obtaining an assessment of how difficult the expert will be in the case.
d. Seeking admission of guilt. - Answer-d. Seeking admission of guilt.
During cross-examination, expert witnesses should:
a. Respond evasively and ambiguously to tough questions.
b. Maintain the same positions taken during direct testimony.
c. Address areas outside of their areas of expertise.
d. Appreciate opposing council when they act very friendly. - Answer-b. Maintain the
same positions taken during direct testimony.
Having a civil trial before a criminal trial has which of the following benefits?
a. Defendant may make admissions during civil trial that can be used in criminal trial.
b. Greater access to documents of the defendant.
c. Defendant is not guaranteed the right to an attorney.
d. Both the defendant may make admissions during civil trial that can be used in
criminal trial and there is greater access to documents of the defendant. - Answer-d.
Both the defendant may make admissions during civil trial that can be used in criminal
trial and there is greater access to documents of the defendant.
In a civil trial, settlements may be negotiated:
a. At no time once negotiation begins.
b. After arraignment.
c. Only after the judge orders negotiation between parties.
d. At any time during the litigation. - Answer-d. At any time during the litigation.
The Fourth Amendment requires that probable cause exist before a defendant is
arrested or searched. Which of the following levels of evidence is necessary to show
probable cause?
, a. Beyond a reasonable doubt.
b. Speculation or suspicion.
c. Less than certainty, but more than speculation or suspicion.
d. Preponderance of the evidence. - Answer-c. Less than certainty, but more than
speculation or suspicion.
Most court cases are decided in state courts, except when:
a. Federal laws are in question.
b. The case involves several states.
c. The amount exceeds $100,000.
d. Either federal laws are in question or the case involves several states. - Answer-d.
Either federal laws are in question or the case involves several states.
Fraud investigators can assist in a case in which of the following ways?
a. By assisting in the preparation of a production request because of their knowledge of
a case.
b. By preparing questions to ask opposing witnesses during depositions.
c. By preparing questions to ask opposing witnesses during depositions, evaluating
whether documents produced by the opposing side satisfy a production request, and by
assisting in the preparation of a production request because of their knowledge of a
case.
d. By evaluating whether documents produced by the opposing side satisfy a production
request.
e. By preparing questions to ask opposing witnesses during depositions and evaluating
whether documents produced by the opposing side satisfy a production request. -
Answer-c. By preparing questions to ask opposing witnesses during depositions,
evaluating whether documents produced by the opposing side satisfy a production
request, and by assisting in the preparation of a production request because of their
knowledge of a case.
Which of the following actions can fraud victims pursue after sufficient evidence is
obtained?
a. Prosecute in a criminal court.
b. Pursue civil litigation.
c. Take no action at all.
d. Two of these. - Answer-d. Two of these.
During a concealment investigation, an investigator fails to recognize that an invoice
had been forged. This represents a:
a. sampling risk.
b. nonsampling risk.
c. systematic risk.
d. systemic risk. - Answer-b. nonsampling risk.
Which of the following is the term for keeping a record of when a document is received
and what has happened to it since its receipt?
