QUESTION 29
Which of the following scenarios does NOT describe a card skimming or shimming scheme?

QUESTION 30
______________ can be detected by closely examining the documentation submitted with the cash receipts.

QUESTION 31
Which of the following are used in a short term skimming scheme?

QUESTION 32
All of the following methods would be helpful in detecting a skimming scheme EXCEPT:

QUESTION 33
Sinead has lost her job and can no longer afford the luxury car that she recently purchased. Instead of allowing her car to be repossessed by her bank, Sinead decides to leave her car in a high-crime area with the keys in the ignition, hoping that it will be stolen so that she can make an insurance claim for the loss. Sinead is planning to commit which of the following insurance scams?

QUESTION 34
Which of the following is a red flag that might indicate the existence of a need recognition scheme?

QUESTION 35
Which of the following is true for Red flags associated with fictitious revenues?

QUESTION 36
________ decrease assets and expenses and/or increase liabilities and/or equity

QUESTION 37
In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.

QUESTION 38
The _______________ cost method of pricing would carry an asset’s value on the financial statements as what it would currently cost, considering inflation.

QUESTION 39
Verify supporting documentation on outstanding checks written for a material amount is a test used to conduct for:

QUESTION 40
Fraudsters use the accounting system as a tool to generate the results they want in ___________ approach:

QUESTION 41
The heart of book keeping system is the ___________.

QUESTION 42
Which check tampering red flag may indicate employees have embezzled cash and charged the embezzlement to expense accounts?

QUESTION 43
False billing scheme states that:

QUESTION 44
Conflict of interest cases are more easily prevented than detected.

QUESTION 45
Which of the following is NOT the method for stealing inventory and other assets?

QUESTION 46
Which of the following statements about corporate espionage is CORRECT?

QUESTION 47
Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

QUESTION 48
Organizations can employ ___________ to provide protection for computing resources by increasing security policies and awareness, conducting security audits and tests, and developing an incident response plan.

QUESTION 49
Which of the following situations MOST LIKELY constitutes health care fraud committed by an insurance company?

QUESTION 50
When employees avoid detection in a refund scheme to keep the sizes of the disbursement low, is referred to: