No Soal Jawaban

____________ is any intentional or deliberate act to A. Fraud

deprive another of property or money by guile, deception, B.Corruption
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or other unfair means. C. Error
D. Embezzlement
_______________ is the disguising of the existence, nature, A. money laundering
source, ownership, location, and disposition of property B. Fraud
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derived from criminal activity. C. Financial crime
D. Criminal
Judges in civil law jurisdictions are not bound by previous TRUE or FALSE
court decisions, but in practice, many do use previous
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decisions to guide their interpretations of codes and
statutes.
Under a common law legal system, judges are not bound by TRUE or FALSE
4 precedent and are free to decide cases based on their
interpretation of the matters at issue.
A report by a Certified Fraud Examiner states that A. circumstantial evidence
$11,354.56 was withdrawn without authorisation from the B. direct evidence
plaintiff’s business on Dec. 3, Year 1, and that on Dec. 6, C. indirect evidence
Year 1, $11,354.56 was deposited into an account owned D. testimony
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by the defendant. During a criminal trial against the
defendant, the government introduces this information as
evidence of the defendant’s guilt. What type of evidence is
the information contained in this report?
Michael Caston, a fraud suspect, confesses to a fraud. A.indirect
During Caston’s trial for the fraud, the government B. direct
6 introduces the confession as evidence of Caston’s intent to C. circumstancial
commit the fraudulent act for which he is charged. What D. real evidence
type of evidence is Caston’s confession?
The three basic forms of evidence are demonstrative, real, TRUE or FALSE
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and direct.
Ineffective monitoring of management, a complex A. Pressure
organisational structure, and deficient internal control B. opportunities
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components are all examples of which type of fraud risk C. Rationalisation
factor relating to fraudulent financial reporting?
Which of the following is not an effective method of A. Requiring strong management oversight
9 increasing the perception of detection? B. Conducting suprise audits
C. Forcing emplyees to take early retirement
Of the following, which is the most effective method of A. increaseing the perception of detection
10 preventing fraud? B. increasing salary
C. increasing more controls
_____________ controls are designed to stop something A. Preventive ; detective
bad from happening before it occurs, while B. detective ; investigative
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_____________ controls are designed to identify C. detective ; preventive
something bad that has already occurred
The risk that an organisation might be victimised by an A. Fraud risk
12 individual who is able to overcome the three elements of B. Internal risk
the fraud triangle is called _______________. C. Operational Risk
Fraudulent customer payments, corporate espionage, and A. Internal Fraud
hacking schemes are all fraud risks pertaining to which of B. External fraud
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the following categories? C. Payment Fraud

The payment of bribes to procure business is considered a A. Bribery

14 fraud risk pertaining to which category of fraud? B. Extortion
C. Corruption
 D. Missappropriation

______________ is a process aimed at proactively A. Fraud risk register

identifying and addressing an organisation’s vulnerabilities B. Fraud profile
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to internal and external fraud. C. fraud risk assessment
D. Fraud risk management
Fraud risk management programmes should focus on: A. Preventing fraud
B. Detecting Fraud
16 C. Investigatig Fraud
D. All of above
What was the most common behavioral red flag displayed A. Extravagant lifestyle
by perpetrators prior to the discovery of their frauds? B. High ranked position
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C. Luxurious car ownership
D Living beyond means
The criminologist responsible for the well-known A. Albrect
hypothesis of the "fraud triangle" is: B. Heitger & Smith
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C. Schilit M Howard
D. Donald R. Cressey
Ed Smith, a city commissioner, negotiated a land A. Bribery
development deal with a group of private investors. After B. Corruption
the deal was approved, the investors rewarded Smith with C. Extortion
19 an all-expenses-paid trip, even though giving such rewards D. Illegal Gratuity
to government officials is prohibited by law. Which of the
following is the most appropriate term to describe what has
taken place?
Daniel, a plant manager for a utility company, has his own A. Bribery
commercial cleaning business on the side. Daniel B. Corruption
threatened to withhold business from any vendors of the C. Extortion
20 utility company that did not hire his cleaning business for D. Illegal Gratuity
their office cleaning needs. Which of the following best
describes the type of corruption scheme Daniel engaged
in?
James is a purchaser for a large government entity. ABC, TRUE or FALSE
Inc. tells James that if he will award ABC at least $5 million
in contracts over the next two years, ABC will hire James at
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the end of the two years at twice his current salary. Because
no actual money changes hands, this could not be
considered a bribery or corruption scheme.
The removal of cash from a victim organisation before the A. Skimming
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cash is entered in the organisation's accounting system is: B. Larceny
Grey, a controller for a small company, took a large sum of A. Skimming
money from the company deposits and concealed the theft B. Larceny
by making false accounting entries. The money Grey stole
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had already been recorded in his company's accounting
system as sales and receivables. Grey’s scheme can best be
classified as a(n):
A large amount of overdue accounts receivable on the TRUE or FALSE
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books is a red flag of a fictitious revenue scheme.
Fraud in financial statements generally takes the form of TRUE or FALSE
25 overstated assets or revenue and understated liabilities or
expenses.
The financial statements of an organisation are primarily A. Auditor
the responsibility of: B. Employee
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C. Shareholder
D. Management
 Each fraud examination should begin with the proposition TRUE or FALSE
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that the case will end in litigation.
Which of the following terms is defined as the totality of A. Predication
circumstances that would lead a reasonable, professionally B. Hypothesis
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trained, and prudent individual to believe a fraud has C. Preparation
occurred, is occurring, or will occur?
To properly prepare an organisation for a formal fraud TRUE or FALSE
29 investigation, all employees should be notified of the
investigation’s existence and purpose.
Which of the following is NOT part of the fraud examination A. Perform the investigation
process? B. Interview
30 C. facts finding
D. Determining whether the subject is
guilty or innocent
In general, the subject of an investigation should be TRUE or FALSE
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interviewed first.
Forensic accounting differs from fraud examination in that TRUE or FALSE
forensic accounting is the use of professional accounting
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skills in matters involving potential or actual civil or criminal
litigation and may or may not involve fraud.
Which of the following is a data analysis tool that is A. Link analysis
effective in identifying indirect relationships and B. Data analysis
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relationships with several degrees of separation? C. text analysis
D. Computer analysis
To stimulate conversation during the information phase of A. close question
the interview, the interviewer should ask: B. Leading question
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C. open questions
D. Hypothetical questio
Allen, a Certified Fraud Examiner for Cole Inc., has A. Information seeking interview
conducted an examination into allegations of misconduct B. Chronological Interview
against Roberts, the company's controller. Allen plans to C. Confrontational interview
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meet with Roberts to ask him about the allegations and to D. Admission-seeking interview
obtain a confession of wrongdoing. Allen's meeting with
Roberts is referred to as a(n
______ are probable future economic benefits obtained or A. Liabilities
controlled by a particular entity as a result of past B. Assets
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transactions or events. C. Equity
D. Securities
Depreciation is especially applicable when companies try to TRUE or FALSE
37 overvalue their assets and net worth; the lower their
depreciation expense, the higher the companys profits.
________ increase assets and expenses and/or decrease A. Debit B. Credit C. Trebit
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liabilities and/or equity
The offering, promising, giving, accepting or soliciting of an • A. Conflict of interest
advantage as an inducement for an action which is illegal, • B. Corruption
39 unethical or a breach of trust is the definition of: • C. Bribery
• D. Fraud