AIS - TEST 2 (WRITTEN QUESTIONS)
ANSWERED CORRECTLY TO PASS!!
1 of 41
Term
In the table above, match the acts, concealments, and
conversions to create a complete fraud scenario
Act:
A. A salesperson steals an iPhone from the display case
B.A cashier pads their time sheet with unauthorized hours
every shift
C. An employee submits personal purchases as restaurant
expenses
D.An accounts payable clerk creates fraudulent
disbursements of company checks
E. Management inflates sales revenue by shipping
unauthorized
,sales to customer
Concealment:
1. Falsifying timesheet entries
2.Creating fictitious receipts
3. Billing a shell vendor
4. Shipping at the end of the accounting period to cause
returns to come back after the end of the accounting
period
5. Including it in the store inventory count when it's not there
Conversion:
i.Cashing company checks to a shell company's bank
account and transferring the money to a personal bank
account
ii.Selling it online or at a local pawn shop
iii. Inflat
Give this one a try later!
D
3 C - Heat Map
i
B - Vertical Bar Chart Full
Don't know?
2 of 41
Term
, For each of the following scenarios, identify whether the
sale that occurs is a business-to-consumer (B2C) or
business-to-business
(B2B) sale.
A college student purchases a cup of coffee at Starbucks.
Give this one a try later!
B2C C2C
C2B D2c
Don't know?
3 of 41
Term
You are an external audit associate at a public accounting
firm, performing an audit engagement for a global
manufacturing client.
As part of your team's audit testing, you are analyzing your
client's
journal entries for fraud risk. To assist with the fraud testing,
you have transformed your client's journal entry transaction
data into
Visualizations A through C. For each of these data
visualizations,
match the visualization to the fraud journal entry test it's
performing and identify the visualization technique used.
Fraud journal entry tests:
3. Testing for unusual cutoff activities by reviewing the
, number of journal entries posted every day for the
reporting period and the
subsequent three days. This test revealed that there was an
unusual
increase in the number of journal entries posted on the final
day of
ANSWERED CORRECTLY TO PASS!!
1 of 41
Term
In the table above, match the acts, concealments, and
conversions to create a complete fraud scenario
Act:
A. A salesperson steals an iPhone from the display case
B.A cashier pads their time sheet with unauthorized hours
every shift
C. An employee submits personal purchases as restaurant
expenses
D.An accounts payable clerk creates fraudulent
disbursements of company checks
E. Management inflates sales revenue by shipping
unauthorized
,sales to customer
Concealment:
1. Falsifying timesheet entries
2.Creating fictitious receipts
3. Billing a shell vendor
4. Shipping at the end of the accounting period to cause
returns to come back after the end of the accounting
period
5. Including it in the store inventory count when it's not there
Conversion:
i.Cashing company checks to a shell company's bank
account and transferring the money to a personal bank
account
ii.Selling it online or at a local pawn shop
iii. Inflat
Give this one a try later!
D
3 C - Heat Map
i
B - Vertical Bar Chart Full
Don't know?
2 of 41
Term
, For each of the following scenarios, identify whether the
sale that occurs is a business-to-consumer (B2C) or
business-to-business
(B2B) sale.
A college student purchases a cup of coffee at Starbucks.
Give this one a try later!
B2C C2C
C2B D2c
Don't know?
3 of 41
Term
You are an external audit associate at a public accounting
firm, performing an audit engagement for a global
manufacturing client.
As part of your team's audit testing, you are analyzing your
client's
journal entries for fraud risk. To assist with the fraud testing,
you have transformed your client's journal entry transaction
data into
Visualizations A through C. For each of these data
visualizations,
match the visualization to the fraud journal entry test it's
performing and identify the visualization technique used.
Fraud journal entry tests:
3. Testing for unusual cutoff activities by reviewing the
, number of journal entries posted every day for the
reporting period and the
subsequent three days. This test revealed that there was an
unusual
increase in the number of journal entries posted on the final
day of
