DOWNLOAD THE Test Bank for Fraud Examination 6th Edition Albrecht
v v v v v v v v v
Solutions Manual For Fraud Examination 6th Edition By Steve
Albrecht, Chad Albrecht, Conan Albrecht, Mark Zimbleman 2025
Multiple v Choice
1. Which vof vthe vfollowing vis vNOT va vprimary vcontrol vprocedure vto vminimize vthe voccurrence vof vfraud?
a. Dual vcustody
b. System vof vauthorizations
c. Internal vaudit vdepartment
d. Documents vand vrecords
ANSWER: c
RATIONALE: a. vIncorrect. vDual vcustody, vor vsegregation vof vduties, vis vone vof vthe vfive vprimary
vcontrol vactivities.
b. Incorrect. vA vsystem vof vauthorizations vis vone vof vthe vfive vprimary vcontrol vactivities.
c. Correct. vAn vinternal vaudit vdepartment vis van vimportant velement vof vthe
vcontrol venvironment vbut vnot va vcontrol vprocedure.
d. Incorrect. vDocuments vand vrecords vmake vup vone vof vthe vfive vprimary vcontrol vactivities
—they vproduce van vaudit vtrail.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.6
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
2. Which vof vthe vfollowing vis vNOT va vcommon vrationalization vof vfraud vperpetrators?
a. The vorganization vowes vme.
b. I'm vonly vborrowing vthe vmoney.
c. No vone vwill vget vhurt.
d. No vone vwill vcare.
ANSWER: d
RATIONALE: a. vIncorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
b. Incorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
c. Incorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
d. Correct. vFraud vperpetrators vusually vrationalize vtheir vactions vby vthinking v“I
vdeserve vmore.”
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.7
vDATE vCREATED: 3/15/2018 v9:58 vPM
Copyright vCengage vLearning. vPowered vby Page v1
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,DOWNLOAD THE Test Bank for Fraud Examination 6th Edition Albrecht
v v v v v v v v v
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
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, DOWNLOAD THE Test Bank for Fraud Examination 6th Edition Albrecht
v v v v v v v v v
3. Which vof vthe vfollowing vis vNOT van vexample vof va vcontrol vweakness vor vviolation?
a. The vHR vdepartment vfailed vto vcheck van vapplicant's vbackground vand vhired vsomeone vwho vhad vcommitted vfraud
vin vthe vpast.
b. A vmanager vinstructs vemployees vnot vto vshare vpasswords, vand vthen vshares vher vpasswords vwith vher
vimmediate vassistant.
c. A vcompany vhas vestablished vcodes vof vconduct vand vconducts vtraining vmeetings vto vteach vemployees vto
vdistinguish vbetween vacceptable vand vunacceptable vbehavior. vAttendance vis vvoluntary.
d. The vemployees vknow vwho vhas vresponsibility vfor veach vbusiness vactivity. vProcedures vto vfollow vare vin vplace.
ANSWER: d
RATIONALE: a. vIncorrect. vThis vis van vexample vof va vcontrol vviolation.
b. Incorrect. vThis vis van vexample vof va vcontrol vviolation.
c. Incorrect. vThis vis van vexample vof va vcontrol vweakness.
d. Correct. vA vclear vorganizational vstructure vis van vimportant vfraud-deterring velement. vIt
vis veasier vto vtrack vmissing vassets vand vmoney vwhen vall vemployees vknow vexactly vwho
vis vresponsible vfor veach vbusiness vactivity.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.6
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
4. A vfraud vperpetrator vused vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression vthat vhe vhad vmoney vin vhis
vaccounts. vWhich vcrime vis vhe vcommitting?
a. Floating
b. Strip
c. Spinning
d. Kiting
ANSWER: d
RATIONALE: a. vIncorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
b. Incorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
c. Incorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
d. Correct. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression vof
vhaving vmoney vin vone's vbank vaccounts.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.5
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
Copyright vCengage vLearning. vPowered vby Page v3
Cognero.
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v v v v v v v v v
Solutions Manual For Fraud Examination 6th Edition By Steve
Albrecht, Chad Albrecht, Conan Albrecht, Mark Zimbleman 2025
Multiple v Choice
1. Which vof vthe vfollowing vis vNOT va vprimary vcontrol vprocedure vto vminimize vthe voccurrence vof vfraud?
a. Dual vcustody
b. System vof vauthorizations
c. Internal vaudit vdepartment
d. Documents vand vrecords
ANSWER: c
RATIONALE: a. vIncorrect. vDual vcustody, vor vsegregation vof vduties, vis vone vof vthe vfive vprimary
vcontrol vactivities.
b. Incorrect. vA vsystem vof vauthorizations vis vone vof vthe vfive vprimary vcontrol vactivities.
c. Correct. vAn vinternal vaudit vdepartment vis van vimportant velement vof vthe
vcontrol venvironment vbut vnot va vcontrol vprocedure.
d. Incorrect. vDocuments vand vrecords vmake vup vone vof vthe vfive vprimary vcontrol vactivities
—they vproduce van vaudit vtrail.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.6
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
2. Which vof vthe vfollowing vis vNOT va vcommon vrationalization vof vfraud vperpetrators?
a. The vorganization vowes vme.
b. I'm vonly vborrowing vthe vmoney.
c. No vone vwill vget vhurt.
d. No vone vwill vcare.
ANSWER: d
RATIONALE: a. vIncorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
b. Incorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
c. Incorrect. vThis vis va vcommon vrationalization vfor vcommitting vfraud.
d. Correct. vFraud vperpetrators vusually vrationalize vtheir vactions vby vthinking v“I
vdeserve vmore.”
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.7
vDATE vCREATED: 3/15/2018 v9:58 vPM
Copyright vCengage vLearning. vPowered vby Page v1
Cognero.
mynursytest.store
,DOWNLOAD THE Test Bank for Fraud Examination 6th Edition Albrecht
v v v v v v v v v
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
Copyright vCengage vLearning. vPowered vby Page v2
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, DOWNLOAD THE Test Bank for Fraud Examination 6th Edition Albrecht
v v v v v v v v v
3. Which vof vthe vfollowing vis vNOT van vexample vof va vcontrol vweakness vor vviolation?
a. The vHR vdepartment vfailed vto vcheck van vapplicant's vbackground vand vhired vsomeone vwho vhad vcommitted vfraud
vin vthe vpast.
b. A vmanager vinstructs vemployees vnot vto vshare vpasswords, vand vthen vshares vher vpasswords vwith vher
vimmediate vassistant.
c. A vcompany vhas vestablished vcodes vof vconduct vand vconducts vtraining vmeetings vto vteach vemployees vto
vdistinguish vbetween vacceptable vand vunacceptable vbehavior. vAttendance vis vvoluntary.
d. The vemployees vknow vwho vhas vresponsibility vfor veach vbusiness vactivity. vProcedures vto vfollow vare vin vplace.
ANSWER: d
RATIONALE: a. vIncorrect. vThis vis van vexample vof va vcontrol vviolation.
b. Incorrect. vThis vis van vexample vof va vcontrol vviolation.
c. Incorrect. vThis vis van vexample vof va vcontrol vweakness.
d. Correct. vA vclear vorganizational vstructure vis van vimportant vfraud-deterring velement. vIt
vis veasier vto vtrack vmissing vassets vand vmoney vwhen vall vemployees vknow vexactly vwho
vis vresponsible vfor veach vbusiness vactivity.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.6
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
4. A vfraud vperpetrator vused vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression vthat vhe vhad vmoney vin vhis
vaccounts. vWhich vcrime vis vhe vcommitting?
a. Floating
b. Strip
c. Spinning
d. Kiting
ANSWER: d
RATIONALE: a. vIncorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
b. Incorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
c. Incorrect. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression
vof vhaving vmoney vin vone's vbank vaccounts.
d. Correct. vKiting vis vusing vthe vfloat vtime vbetween vbanks vto vgive vthe vimpression vof
vhaving vmoney vin vone's vbank vaccounts.
POINTS: 1
QUESTION v TYPE: Multiple vChoice
HAS v VARIABLES: False
LEARNING vOBJECTIVES: v FRAU.ALBR.19.2.5
vDATE vCREATED: 3/15/2018 v9:58 vPM
vDATE vMODIFIED: 3/20/2018 v8:09 vAM
Copyright vCengage vLearning. vPowered vby Page v3
Cognero.
mynursytest.store
