QUESTION 92
A tangible asset is one which is:

QUESTION 93
Which of the following offender types in which people who take the money and run away?

QUESTION 94
SIMULATION
_________ is defined as a person who works for the victim organization and who is primary culprit

QUESTION 95
The fraudsters’ interest lies with an employer other than a company.

QUESTION 96
According to fraud tree, cash has three following schemes:

QUESTION 97
______________ can be detected by closely examining the documentation submitted with the cash receipts.

QUESTION 98
Which of the following is NOT the reason to bribe employees of the purchaser?

QUESTION 99
Conflict of interest cases are more easily prevented than detected.

QUESTION 100
By removing a tangible asset from the business (a debit), the books will be ___________ by the exact amount of the tangible asset misappropriated.

QUESTION 101
Which sale occurs when the accomplice of the employee-fraudster “buys” merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

QUESTION 102
Asset misappropriation schemes were the “middle children” of the study; they were more common than fraudulent statements and more costly than corruption.

QUESTION 103
Which of the following is the amount of money that would be realized upon the sale of the asset at some point in the future, less the costs associated with owing, operating and selling it?

QUESTION 104
A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:

QUESTION 105
The difference between assets and liabilities is called:

QUESTION 106
Which of the following is NOT the example of bribery prevention policies?

QUESTION 107
Which of the following can constitute a bribe, even if the illicit payment is never actually made?

QUESTION 108
Which of the following is true for Red flags associated with fictitious revenues?

QUESTION 109
CORRECT TEXT
The _______________ cost method of pricing would carry an asset’s value on the financial statements as what it would currently cost, considering inflation.