Question 1

Identify the usual order of net worth calculations used to determine stolen funds.

Accepted Answer

A)  Find net worth, find the net worth increase, find income, find the funds from unknown sources 
B)  Find net worth, find income, find the funds from known sources, find the net worth increase 
C)  Find income, find net worth, find the net worth increase, find the funds from unknown sources 
D)  Find net worth, find the net worth increase, find the funds from known sources, find income 
A)  Find net worth, find the net worth increase, find income, find the funds from unknown sources 
B)  Find net worth, find income, find the funds from known sources, find the net worth increase 
C)  Find income, find net worth, find the net worth increase, find the funds from unknown sources 
D)  Find net worth, find the net worth increase, find the funds from known sources, find income A

Question 2

To find marital and voting records, one would need to look at the records maintained by the:

Accepted Answer

A)  county sheriff and other officers. 
B)  Social Security Administration. 
C)  county clerk. 
D)  local courts. 
A)  county sheriff and other officers. 
B)  Social Security Administration. 
C)  county clerk. 
D)  local courts. C

Question 3

Which of the following is NOT one of the major credit-reporting agencies?

Accepted Answer

A)  Experian 
B)  Equifax 
C)  TransUnion 
D)  ProQuest 
A)  Experian 
B)  Equifax 
C)  TransUnion 
D)  ProQuest D

Question 4

Which Act governs the information maintained by credit-reporting agencies?

Accepted Answer

A)  The Sarbanes-Oxley Act of 2002 
B)  The Gramm-Leach-Bliley Act of 1999 
C)  The Fair and Accurate Credit Transactions Act of 2003 
D)  The Fair Credit Reporting Act of 1971 
A)  The Sarbanes-Oxley Act of 2002 
B)  The Gramm-Leach-Bliley Act of 1999 
C)  The Fair and Accurate Credit Transactions Act of 2003 
D)  The Fair Credit Reporting Act of 1971

Question 5

What is meant by the term "opting out"?

Accepted Answer

A)  Serving a written notice, denying the bank the right to sell your personal information 
B)  Withdrawing from a fraud being perpetrated by a colleague 
C)  A bidder denying to pay the proceeds of the bid on becoming bankrupt 
D)  Whistle-blowing by a person who was part of a fraud 
A)  Serving a written notice, denying the bank the right to sell your personal information 
B)  Withdrawing from a fraud being perpetrated by a colleague 
C)  A bidder denying to pay the proceeds of the bid on becoming bankrupt 
D)  Whistle-blowing by a person who was part of a fraud

Question 6

Which of the following is NOT public information on record with the Secretary of State through the Uniform Commercial Code?

Accepted Answer

A)  A company's articles of incorporation 
B)  A company's current board of directors 
C)  A company's registered agent 
D)  A company's bylaws 
A)  A company's articles of incorporation 
B)  A company's current board of directors 
C)  A company's registered agent 
D)  A company's bylaws

Question 7

What is the main objective of the net worth method?

Accepted Answer

A)  To determine the income and expenditures of an individual 
B)  To determine the extent of stolen funds 
C)  To determine the financial position of the organization 
D)  To determine the change in net worth 
A)  To determine the income and expenditures of an individual 
B)  To determine the extent of stolen funds 
C)  To determine the financial position of the organization 
D)  To determine the change in net worth

Question 8

Which of the following is NOT a publicly available means of fine tuning a Google search?

Accepted Answer

A)  By entering specific phrases 
B)  By placing a minus sign before unique terms 
C)  By utilizing domain restrictions 
D)  By utilizing internal database restrictions 
A)  By entering specific phrases 
B)  By placing a minus sign before unique terms 
C)  By utilizing domain restrictions 
D)  By utilizing internal database restrictions

Question 9

Identify the state agency that maintains licensing information about various professionals.

Accepted Answer

A)  Department of vital statistics 
B)  Department of business regulation 
C)  Permit department 
D)  County clerk 
A)  Department of vital statistics 
B)  Department of business regulation 
C)  Permit department 
D)  County clerk

Question 10

What is meant by the term "trashing" in relation to fraud investigation?

Accepted Answer

A)  A broad search on the Internet to obtain valuable information 
B)  Looking through a suspect's garbage for possible evidence 
C)  Destroying hard copies of important documents, so as to leave no evidence 
D)  Gaining financial information through previous acquaintances 
A)  A broad search on the Internet to obtain valuable information 
B)  Looking through a suspect's garbage for possible evidence 
C)  Destroying hard copies of important documents, so as to leave no evidence 
D)  Gaining financial information through previous acquaintances

Question 11

The Gramm-Leach-Bliley Act prohibits:

Accepted Answer

A)  telemarketers from selling information to corporations. 
B)  the use of false pretenses to access the personal information of others. 
C)  the public from accessing the criminal database of the FBI. 
D)  customers to opt out of information sharing. 
A)  telemarketers from selling information to corporations. 
B)  the use of false pretenses to access the personal information of others. 
C)  the public from accessing the criminal database of the FBI. 
D)  customers to opt out of information sharing.

Question 12

Name the government agency whose information is valuable in tracing assets, establishing conflicts of interest, identifying dummy companies, and determining changes in financial status.

Accepted Answer

A)  Department of business regulation 
B)  Permit department 
C)  Secretary of State 
D)  County clerk 
A)  Department of business regulation 
B)  Permit department 
C)  Secretary of State 
D)  County clerk

Question 13

When is searching through someone's garbage considered a legal activity?

Accepted Answer

A)  When the trash is left unattended inside the suspect's home 
B)  When the trash is in the possession of the suspect 
C)  When the trash has left the suspect's home or sidewalk 
D)  Searching through a person's trash is never considered as a legal activity 
A)  When the trash is left unattended inside the suspect's home 
B)  When the trash is in the possession of the suspect 
C)  When the trash has left the suspect's home or sidewalk 
D)  Searching through a person's trash is never considered as a legal activity

Question 14

How are permit departments helpful in conversion investigation efforts?

Accepted Answer

A)  By identifying the nature and location of businesses, new leases, and recent construction 
B)  By providing information about chattel mortgages and loans to individuals or businesses on equipment 
C)  By providing license numbers used for identification in transactions 
D)  By identifying owned assets, indebtedness, mortgage holders, trustees, or straw buyers 
A)  By identifying the nature and location of businesses, new leases, and recent construction 
B)  By providing information about chattel mortgages and loans to individuals or businesses on equipment 
C)  By providing license numbers used for identification in transactions 
D)  By identifying owned assets, indebtedness, mortgage holders, trustees, or straw buyers

Question 15

Identify the principal investigative agency of the Department of Justice.

Accepted Answer

A)  CIA 
B)  NCIC 
C)  FBI 
D)  Secret Service 
A)  CIA 
B)  NCIC 
C)  FBI 
D)  Secret Service

Question 16

Which of the following information is NOT contained in the Social Security numbers issued by the Social Security Administration?

Accepted Answer

A)  Area of person's residence at time of issuance 
B)  Person's serial number 
C)  Age 
D)  Group 
A)  Area of person's residence at time of issuance 
B)  Person's serial number 
C)  Age 
D)  Group

Question 17

Using the data given below, calculate the funds from unknown sources for Year 2.

Accepted Answer

A)  $(3,200) 
B)  $65,800 
C)  $76,600 
D)  $69,000 
A)  $(3,200) 
B)  $65,800 
C)  $76,600 
D)  $69,000

Question 18

Which of the following will be useful in ascertaining whether a doctor is legitimate?

Accepted Answer

A)  Department of Business Regulation 
B)  Secretary of State 
C)  State Medical Registry 
D)  County Clerk 
A)  Department of Business Regulation 
B)  Secretary of State 
C)  State Medical Registry 
D)  County Clerk

Question 19

Funds from unknown sources equal:

Accepted Answer

A)  assets less liabilities. 
B)  net worth increase plus living expenses. 
C)  income less funds from known sources. 
D)  net worth less prior year's net worth. 
A)  assets less liabilities. 
B)  net worth increase plus living expenses. 
C)  income less funds from known sources. 
D)  net worth less prior year's net worth.

Question 20

Which of the following does NOT constitute a federal source of information?

Accepted Answer

A)  County clerk 
B)  Central Intelligence Agency 
C)  Secret Service 
D)  Department of Justice 
A)  County clerk 
B)  Central Intelligence Agency 
C)  Secret Service 
D)  Department of Justice

Identify the usual order of net worth calculations used to determine stolen funds.

To find marital and voting records, one would need to look at the records maintained by the:

Which of the following is NOT one of the major credit-reporting agencies?

Which Act governs the information maintained by credit-reporting agencies?

What is meant by the term "opting out"?

Which of the following is NOT public information on record with the Secretary of State through the Uniform Commercial Code?

What is the main objective of the net worth method?

Which of the following is NOT a publicly available means of fine tuning a Google search?

Identify the state agency that maintains licensing information about various professionals.

What is meant by the term "trashing" in relation to fraud investigation?

The Gramm-Leach-Bliley Act prohibits:

Name the government agency whose information is valuable in tracing assets, establishing conflicts of interest, identifying dummy companies, and determining changes in financial status.

When is searching through someone's garbage considered a legal activity?

How are permit departments helpful in conversion investigation efforts?

Identify the principal investigative agency of the Department of Justice.

Which of the following information is NOT contained in the Social Security numbers issued by the Social Security Administration?

Using the data given below, calculate the funds from unknown sources for Year 2.

Which of the following will be useful in ascertaining whether a doctor is legitimate?

Funds from unknown sources equal:

Which of the following does NOT constitute a federal source of information?

The Nature of Fraud

Who Commits Fraud and Why

Fighting Fraud: an Overview

Preventing Fraud

Recognizing the Symptoms of Fraud

Data-Driven Fraud Detection

Investigating Theft Acts

Investigating Concealment

Inquiry Methods and Fraud Reports

Financial Statement Fraud

Revenue- and Inventory-Related Financial Statement Frauds

Liability, Asset, and Inadequate Disclosure Frauds

Fraud Against Organizations

Consumer Fraud

Bankruptcy, Divorce, and Tax Fraud

E-Commerce Fraud

Legal Follow-Up

Filters

Exam 9: Conversion Investigation Methods

Identify the usual order of net worth calculations used to determine stolen funds.

To find marital and voting records, one would need to look at the records maintained by the:

Which of the following is NOT one of the major credit-reporting agencies?

Which Act governs the information maintained by credit-reporting agencies?

What is meant by the term "opting out"?

Which of the following is NOT public information on record with the Secretary of State through the Uniform Commercial Code?

What is the main objective of the net worth method?

Which of the following is NOT a publicly available means of fine tuning a Google search?

Identify the state agency that maintains licensing information about various professionals.

What is meant by the term "trashing" in relation to fraud investigation?

The Gramm-Leach-Bliley Act prohibits:

Name the government agency whose information is valuable in tracing assets, establishing conflicts of interest, identifying dummy companies, and determining changes in financial status.

When is searching through someone's garbage considered a legal activity?

How are permit departments helpful in conversion investigation efforts?

Identify the principal investigative agency of the Department of Justice.

Which of the following information is NOT contained in the Social Security numbers issued by the Social Security Administration?

Using the data given below, calculate the funds from unknown sources for Year 2.

Which of the following will be useful in ascertaining whether a doctor is legitimate?

Funds from unknown sources equal:

Which of the following does NOT constitute a federal source of information?

The Nature of Fraud

Who Commits Fraud and Why

Fighting Fraud: an Overview

Preventing Fraud

Recognizing the Symptoms of Fraud

Data-Driven Fraud Detection

Investigating Theft Acts

Investigating Concealment

Inquiry Methods and Fraud Reports

Financial Statement Fraud

Revenue- and Inventory-Related Financial Statement Frauds

Liability, Asset, and Inadequate Disclosure Frauds

Fraud Against Organizations

Consumer Fraud

Bankruptcy, Divorce, and Tax Fraud

E-Commerce Fraud

Legal Follow-Up

Filters