AIS exam 2 practice questions &
answers graded A+
Which of the following creates an environment where computer fraud is less likely to occur?
a. hire employees without adequate security and criminal checks
b. assume that corporate security policies are understood by all employees
c. increase the penalties for committing fraud
d. none of the above - correct answer ✔✔ c. increase the penalties for committing fraud
which of the following is not part of the fraud triangle?
a. pressure
b. opportunity
c. rationalization
d. all are part of the fraud triangle - correct answer ✔✔ d. all are part of the fraud triangle
which of the following is not a way to improve fraud detection?
a. instal fraud detection software
b. implement a fraud hotline
c. employ a computer security officer
d. implement computer-based controls over input, processing, storage, and output activities -
correct answer ✔✔ d. implement computer-based controls over input, processing, storage, and
output activities
,which of the following is not a way to make fraud less likely to occur?
a. adopt an organizational structure that minimizes the likelihood of fraud
b. create an organizational culture that stresses integrity and commitment to ethical values
c. create an audit trail so individual transactions can be traced
d. effectively supervise employees - correct answer ✔✔ c. create an audit trail so individual
transactions can be traced
in order for an act to be legally considered fraud it must be all of the following expect?
a. a material fact
b. justifiable reliance
c. a false statement
d. no intent to deceive
e. an injury or loss suffered by the victim - correct answer ✔✔ d. no intent to deceive
according to statement on auditing standards No. 99 (SAS 99) an auditor should do all of the
following during an audit expect?
a. incorporate a technology focus
b. identify, asses, and respond to risk
c. acquire malpractice insurance in case the auditor does not detect an actual fraud during the
audit
d. document and communicate findings - correct answer ✔✔ c. acquire malpractice insurance
in case the auditor does not detect an actual fraud during the audit
, according to the opportunity part of the fraud triangle, a person may do all of the following acts
except?
a. convert the theft or misrepresentation for personal gain
b. control the fraud
c. commit the fraud
d. conceal the fraud - correct answer ✔✔ b. control the fraud
which of the following pressures are classified as management characteristics that can lead to
financial statement fraud?
a. high management and/or employee turnover
b. declining industry
c. new regulatory requirements that impair financial stability or profitability
d. intense pressure to meet or exceed earnings expectations - correct answer ✔✔ a. high
management and/or employee turnover
all of the following are classifications of computer fraud except?
a. input fraud
b. reconciliation fraud
c. computer instructions fraud
d. processor fraud
e. output fraud - correct answer ✔✔ b. reconciliation fraud
which of the following actions are used to reduce a fraud loss after a fraud occurs?
answers graded A+
Which of the following creates an environment where computer fraud is less likely to occur?
a. hire employees without adequate security and criminal checks
b. assume that corporate security policies are understood by all employees
c. increase the penalties for committing fraud
d. none of the above - correct answer ✔✔ c. increase the penalties for committing fraud
which of the following is not part of the fraud triangle?
a. pressure
b. opportunity
c. rationalization
d. all are part of the fraud triangle - correct answer ✔✔ d. all are part of the fraud triangle
which of the following is not a way to improve fraud detection?
a. instal fraud detection software
b. implement a fraud hotline
c. employ a computer security officer
d. implement computer-based controls over input, processing, storage, and output activities -
correct answer ✔✔ d. implement computer-based controls over input, processing, storage, and
output activities
,which of the following is not a way to make fraud less likely to occur?
a. adopt an organizational structure that minimizes the likelihood of fraud
b. create an organizational culture that stresses integrity and commitment to ethical values
c. create an audit trail so individual transactions can be traced
d. effectively supervise employees - correct answer ✔✔ c. create an audit trail so individual
transactions can be traced
in order for an act to be legally considered fraud it must be all of the following expect?
a. a material fact
b. justifiable reliance
c. a false statement
d. no intent to deceive
e. an injury or loss suffered by the victim - correct answer ✔✔ d. no intent to deceive
according to statement on auditing standards No. 99 (SAS 99) an auditor should do all of the
following during an audit expect?
a. incorporate a technology focus
b. identify, asses, and respond to risk
c. acquire malpractice insurance in case the auditor does not detect an actual fraud during the
audit
d. document and communicate findings - correct answer ✔✔ c. acquire malpractice insurance
in case the auditor does not detect an actual fraud during the audit
, according to the opportunity part of the fraud triangle, a person may do all of the following acts
except?
a. convert the theft or misrepresentation for personal gain
b. control the fraud
c. commit the fraud
d. conceal the fraud - correct answer ✔✔ b. control the fraud
which of the following pressures are classified as management characteristics that can lead to
financial statement fraud?
a. high management and/or employee turnover
b. declining industry
c. new regulatory requirements that impair financial stability or profitability
d. intense pressure to meet or exceed earnings expectations - correct answer ✔✔ a. high
management and/or employee turnover
all of the following are classifications of computer fraud except?
a. input fraud
b. reconciliation fraud
c. computer instructions fraud
d. processor fraud
e. output fraud - correct answer ✔✔ b. reconciliation fraud
which of the following actions are used to reduce a fraud loss after a fraud occurs?
