Fraud Examination - Multiple Choice
Study already passed (updated)
Which of the following is not a category used in the fraud triangle plus inquiry
paradigm?
a) theft investigative techniques
b) concealment investigative techniques
c) action investigative techniques
d) conversion investigative techniques - correct answer ✔✔c) action investigative
techniques
When beginning an investigation, it is important that fraud examiners use
techniques that will:
a) not arouse suspicion
b) identify the perpetrator
c) determine the amount of the fraud
d) identify when the fraud occurred - correct answer ✔✔a) not arouse suspicion
When conducting interviews during an investigation, which of the following words
should usually be avoided? - correct answer ✔✔c) investigation
When beginning a fraud investigation, which of the following methods is most
useful in identifying possible suspects?
a) preparing an identification chart
,b) preparing a vulnerability chart
c) preparing a surveillance log
d) hiring a PI to tail the subject - correct answer ✔✔b) preparing a vulnerability
chart
Invigilation:
a) is most commonly used when investigating crimes that involve taking of
physical assets
b) can create tremendous amounts of documentary evidence
c) provides evidence to help determine whether fraud is occurring
d) all of the above - correct answer ✔✔c) provide evidence to help determine
whether fraud is occuring
Which of the following is not a theft investigation method?
a) invigilation
b) honesty testing
c) seizing and searching computers
d) surveillance and covert operations - correct answer ✔✔b) honesty testing
When deciding whether or not to investigate, which of the following factors
should an organization not consider?
a) possible cost of the investigation
b) perceived strength of the predication
c) possible public exposure resulting because of the investigation
, d) all of the above - correct answer ✔✔d) all of the above should be considered
Surveillance, when properly perform, is always done:
a) without the perpetrator's knowledge
b) during nonworking hours
c) only by law enforcement agents
d) none - correct answer ✔✔a) without the perpetrator's knowledge
Which of the following is not included in vulnerability chart?
a) explanations of the fraud triangle in relation to suspects of fraud
b) breakdowns in key internal controls that may have created fraud opportunities
c) internal controls that a company plans to institute in the future
d) theft act investigation methods - correct answer ✔✔c) internal controls that a
company plans to institute in the future
A vulnerability chart:
a) forces investigators to explicitly consider all aspects of fraud
b) shows the history of fraud in a company
c) identifies weaknesses in every aspect of a company's internal control
d) gives a detailed record of all the movements and activities of the suspect -
correct answer ✔✔a) forces investigators to explicitly consider all aspects of fraud
Fixed point, or stationary observations can be conducted by:
a) certified fraud examiners
Study already passed (updated)
Which of the following is not a category used in the fraud triangle plus inquiry
paradigm?
a) theft investigative techniques
b) concealment investigative techniques
c) action investigative techniques
d) conversion investigative techniques - correct answer ✔✔c) action investigative
techniques
When beginning an investigation, it is important that fraud examiners use
techniques that will:
a) not arouse suspicion
b) identify the perpetrator
c) determine the amount of the fraud
d) identify when the fraud occurred - correct answer ✔✔a) not arouse suspicion
When conducting interviews during an investigation, which of the following words
should usually be avoided? - correct answer ✔✔c) investigation
When beginning a fraud investigation, which of the following methods is most
useful in identifying possible suspects?
a) preparing an identification chart
,b) preparing a vulnerability chart
c) preparing a surveillance log
d) hiring a PI to tail the subject - correct answer ✔✔b) preparing a vulnerability
chart
Invigilation:
a) is most commonly used when investigating crimes that involve taking of
physical assets
b) can create tremendous amounts of documentary evidence
c) provides evidence to help determine whether fraud is occurring
d) all of the above - correct answer ✔✔c) provide evidence to help determine
whether fraud is occuring
Which of the following is not a theft investigation method?
a) invigilation
b) honesty testing
c) seizing and searching computers
d) surveillance and covert operations - correct answer ✔✔b) honesty testing
When deciding whether or not to investigate, which of the following factors
should an organization not consider?
a) possible cost of the investigation
b) perceived strength of the predication
c) possible public exposure resulting because of the investigation
, d) all of the above - correct answer ✔✔d) all of the above should be considered
Surveillance, when properly perform, is always done:
a) without the perpetrator's knowledge
b) during nonworking hours
c) only by law enforcement agents
d) none - correct answer ✔✔a) without the perpetrator's knowledge
Which of the following is not included in vulnerability chart?
a) explanations of the fraud triangle in relation to suspects of fraud
b) breakdowns in key internal controls that may have created fraud opportunities
c) internal controls that a company plans to institute in the future
d) theft act investigation methods - correct answer ✔✔c) internal controls that a
company plans to institute in the future
A vulnerability chart:
a) forces investigators to explicitly consider all aspects of fraud
b) shows the history of fraud in a company
c) identifies weaknesses in every aspect of a company's internal control
d) gives a detailed record of all the movements and activities of the suspect -
correct answer ✔✔a) forces investigators to explicitly consider all aspects of fraud
Fixed point, or stationary observations can be conducted by:
a) certified fraud examiners
