Exam 11: Security, Fraud, and Ethics

The new $20 bill design includes a(n) ____________________, a faint image similar to the large portrait. It is part of the paper itself and is visible from both sides when the bill is held up to the light.

Briefly describe some signs of counterfeit checks.

An electronic warning placed on your accounts to monitor for suspicious financial activity is called a(n) ____________________.

____________________ is the act of sending a user an e-mail falsely claiming to be a legitimate enterprise in an attempt to solicit private information.

The physical security of a bank includes all of the following EXCEPT

Which of these is NOT a suggested way to prevent check fraud?

Briefly describe some of the safety devices mentioned in the text that are used to physically secure modern banks.

What is a straw buyer?

Employee training is the core of preventing robbery.

Concealing unlawfully gained funds by converting them into seemingly legitimate income is called

What is the difference between check forgery and check counterfeiting?

Marianne is a teller at River City Bank. A bank robbery is underway. Which of the following should Marianne NOT do?

What is the difference between a morning glory bank robbery and a takeover bank robbery?

An online criminal deposits $10,000 into a victim's account, telling the victim to send $9,500 to a third party. The victim supposedly gets to keep $500 as a "transaction fee." The criminal quickly cancels the initial deposit, though. If the criminal gets 14 people to agree to this scam, how much money has been stolen?

Purposefully writing checks on closed accounts is called ____________________, or closed account fraud.

Discuss what is generally covered in the confidentiality section of a bank's code of ethics.

Discuss some common sense precautions you can take to prevent becoming a victim of identity theft.​

Ethics should be the ultimate factor in making decisions in the financial world.

Junk e-mail is commonly referred to as

A(n) ____________________ of interest occurs when two interests are at cross-purposes.