Question 1

What is the term for the risk that the sample was not representative of the population?

Accepted Answer

A)  Systematic risk 
B)  Nonsampling risk 
C)  Sampling risk 
D)  Compliance risk 
A)  Systematic risk 
B)  Nonsampling risk 
C)  Sampling risk 
D)  Compliance risk C

Question 2

Which of the following items is NOT included on a subpoena?

Accepted Answer

A)  The location of the documents being requested 
B)  The identity of who is making the request for the documents 
C)  The exact information being requested 
D)  The signature of a judge or court commissioner 
A)  The location of the documents being requested 
B)  The identity of who is making the request for the documents 
C)  The exact information being requested 
D)  The signature of a judge or court commissioner A

Question 3

Which of the following products can be useful to coordinate the evidence in large cases that involve investigators, legal counsel, accountants, expert witnesses, and management representatives?

Accepted Answer

A)  DatiCon 
B)  Analyst's Notebook 
C)  CaseMap 
D)  Ringtail 
A)  DatiCon 
B)  Analyst's Notebook 
C)  CaseMap 
D)  Ringtail B

Question 4

The least reliable method of obtaining documentary evidence is:

Accepted Answer

A)  through traditional audits. 
B)  through computer-based queries 
C)  by using statistical techniques. 
D)  by accident. 
A)  through traditional audits. 
B)  through computer-based queries 
C)  by using statistical techniques. 
D)  by accident.

Question 5

What is another term used for discovery sampling?

Accepted Answer

A)  Investigative sampling 
B)  Probability sampling 
C)  Statistical sampling 
D)  Stop-and-go sampling 
A)  Investigative sampling 
B)  Probability sampling 
C)  Statistical sampling 
D)  Stop-and-go sampling

Question 6

Which of the following is NOT an action by fraud perpetrators to hide/conceal their illegal act(s)?

Accepted Answer

A)  Manipulating documentary evidence 
B)  Modifying records in computer databases 
C)  Photocopying fraud-related documents 
D)  Deleting records in computer databases 
A)  Manipulating documentary evidence 
B)  Modifying records in computer databases 
C)  Photocopying fraud-related documents 
D)  Deleting records in computer databases

Question 7

Which of the following is NOT a warning sign indicating a possible problem with a document?

Accepted Answer

A)  Disguised or unnatural handwriting 
B)  Authorized initialed changes 
C)  Inconsistency or disruption in the continuity of the content 
D)  Use of two or more different colors of ink 
A)  Disguised or unnatural handwriting 
B)  Authorized initialed changes 
C)  Inconsistency or disruption in the continuity of the content 
D)  Use of two or more different colors of ink

Question 8

are executed only by law enforcement officials and are generally used only in criminal cases.

Accepted Answer

A)  Subpoenas 
B)  Voluntary consents 
C)  Search warrants 
D)  Interviews 
A)  Subpoenas 
B)  Voluntary consents 
C)  Search warrants 
D)  Interviews

Question 9

Orders issued by a court or a grand jury to produce documents are called:

Accepted Answer

A)  writs of certiorari. 
B)  search warrants. 
C)  voluntary consent. 
D)  subpoenas. 
A)  writs of certiorari. 
B)  search warrants. 
C)  voluntary consent. 
D)  subpoenas.

Question 10

Which of the following is an example of secondary evidence?

Accepted Answer

A)  Testimony of recipient of stolen assets 
B)  Confession of outside vendors who paid bribes 
C)  Testimony of witnesses of the fraud act 
D)  Photocopies of documentary evidence 
A)  Testimony of recipient of stolen assets 
B)  Confession of outside vendors who paid bribes 
C)  Testimony of witnesses of the fraud act 
D)  Photocopies of documentary evidence

Question 11

Which of the following does NOT appear on a check that has been cashed?

Accepted Answer

A)  Teller number 
B)  Date of the transaction 
C)  Transaction number 
D)  Time of the transaction 
A)  Teller number 
B)  Date of the transaction 
C)  Transaction number 
D)  Time of the transaction

Question 12

During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a:

Accepted Answer

A)  sampling risk. 
B)  nonsampling risk. 
C)  systematic risk. 
D)  systemic risk. 
A)  sampling risk. 
B)  nonsampling risk. 
C)  systematic risk. 
D)  systemic risk.

Question 13

Which of the following statements regarding subpoenas is accurate?

Accepted Answer

A)  A subpoena can only be issued by a grand jury or the court. 
B)  A subpoena is one of the two ways to gain access to hard-to-get documentary information. 
C)  A subpoena must be signed by the chair of the grand jury. 
D)  A subpoena asks for voluntary information and cooperation. 
A)  A subpoena can only be issued by a grand jury or the court. 
B)  A subpoena is one of the two ways to gain access to hard-to-get documentary information. 
C)  A subpoena must be signed by the chair of the grand jury. 
D)  A subpoena asks for voluntary information and cooperation.

Question 14

A traditional audit that includes discovery sampling is LEAST appropriate for:

Accepted Answer

A)  canceled checks. 
B)  confirmation letters. 
C)  accounting databases. 
D)  printed delivery receipts. 
A)  canceled checks. 
B)  confirmation letters. 
C)  accounting databases. 
D)  printed delivery receipts.

Question 15

Once investigators enter their indicators into the centralized database, the software performs to find connections between people, places, events, and documents.

Accepted Answer

A)  regression analysis 
B)  search analysis 
C)  link analysis 
D)  correlation analysis 
A)  regression analysis 
B)  search analysis 
C)  link analysis 
D)  correlation analysis

Question 16

Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, although sales proceeds from this category haven't increased. He suspects his two night-shift employees. Which is the best investigative method to uncover such a fraud?

Accepted Answer

A)  Electronic investigation 
B)  Conversion investigation 
C)  Inquiry investigation 
D)  Concealment investigation 
A)  Electronic investigation 
B)  Conversion investigation 
C)  Inquiry investigation 
D)  Concealment investigation

Question 17

Which of the following is NOT utilized to make determinations about a document being examined?

Accepted Answer

A)  Forensic chemistry 
B)  Microscopy 
C)  Photography 
D)  Radiology 
A)  Forensic chemistry 
B)  Microscopy 
C)  Photography 
D)  Radiology

Question 18

Which of the following statements regarding documents versus eyewitnesses is NOT accurate?

Accepted Answer

A)  When faced with a choice between an eyewitness and a good document as evidence, most fraud experts choose the witness. 
B)  Unlike eyewitnesses, documents are almost always available to the fraud investigator who knows where to find them. 
C)  In today's interconnected financial world, it is nearly impossible to transfer money without creating a document trail. 
D)  Unlike witnesses, documents never tell inconsistent stories on two different occasions. 
A)  When faced with a choice between an eyewitness and a good document as evidence, most fraud experts choose the witness. 
B)  Unlike eyewitnesses, documents are almost always available to the fraud investigator who knows where to find them. 
C)  In today's interconnected financial world, it is nearly impossible to transfer money without creating a document trail. 
D)  Unlike witnesses, documents never tell inconsistent stories on two different occasions.

Question 19

Which of the following statements is true?

Accepted Answer

A)  Most concealment investigative procedures involve accessing and accumulating documentary evidence. 
B)  Most concealment investigation techniques focus on obtaining eyewitness accounts as evidence. 
C)  Honesty testing is considered a concealment investigation technique. 
D)  Concealment investigation is dependent on employee cooperation to gather evidence. 
A)  Most concealment investigative procedures involve accessing and accumulating documentary evidence. 
B)  Most concealment investigation techniques focus on obtaining eyewitness accounts as evidence. 
C)  Honesty testing is considered a concealment investigation technique. 
D)  Concealment investigation is dependent on employee cooperation to gather evidence.

Question 20

The risk that an auditor will examine a fraudulent check and not recognize it as being fraudulent is called:

Accepted Answer

A)  sampling risk. 
B)  nonsampling risk. 
C)  systematic risk. 
D)  systemic risk. 
A)  sampling risk. 
B)  nonsampling risk. 
C)  systematic risk. 
D)  systemic risk.

What is the term for the risk that the sample was not representative of the population?

Which of the following items is NOT included on a subpoena?

Which of the following products can be useful to coordinate the evidence in large cases that involve investigators, legal counsel, accountants, expert witnesses, and management representatives?

The least reliable method of obtaining documentary evidence is:

What is another term used for discovery sampling?

Which of the following is NOT an action by fraud perpetrators to hide/conceal their illegal act(s)?

Which of the following is NOT a warning sign indicating a possible problem with a document?

are executed only by law enforcement officials and are generally used only in criminal cases.

Orders issued by a court or a grand jury to produce documents are called:

Which of the following is an example of secondary evidence?

Which of the following does NOT appear on a check that has been cashed?

During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a:

Which of the following statements regarding subpoenas is accurate?

A traditional audit that includes discovery sampling is LEAST appropriate for:

Once investigators enter their indicators into the centralized database, the software performs to find connections between people, places, events, and documents.

Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, although sales proceeds from this category haven't increased. He suspects his two night-shift employees. Which is the best investigative method to uncover such a fraud?

Which of the following is NOT utilized to make determinations about a document being examined?

Which of the following statements regarding documents versus eyewitnesses is NOT accurate?

Which of the following statements is true?

The risk that an auditor will examine a fraudulent check and not recognize it as being fraudulent is called:

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

Conversion Investigation Methods

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 8: Investigating Concealment

What is the term for the risk that the sample was not representative of the population?

Which of the following items is NOT included on a subpoena?

Which of the following products can be useful to coordinate the evidence in large cases that involve investigators, legal counsel, accountants, expert witnesses, and management representatives?

The least reliable method of obtaining documentary evidence is:

What is another term used for discovery sampling?

Which of the following is NOT an action by fraud perpetrators to hide/conceal their illegal act(s)?

Which of the following is NOT a warning sign indicating a possible problem with a document?

are executed only by law enforcement officials and are generally used only in criminal cases.

Orders issued by a court or a grand jury to produce documents are called:

Which of the following is an example of secondary evidence?

Which of the following does NOT appear on a check that has been cashed?

During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a:

Which of the following statements regarding subpoenas is accurate?

A traditional audit that includes discovery sampling is LEAST appropriate for:

Once investigators enter their indicators into the centralized database, the software performs to find connections between people, places, events, and documents.

Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, although sales proceeds from this category haven't increased. He suspects his two night-shift employees. Which is the best investigative method to uncover such a fraud?

Which of the following is NOT utilized to make determinations about a document being examined?

Which of the following statements regarding documents versus eyewitnesses is NOT accurate?

Which of the following statements is true?

The risk that an auditor will examine a fraudulent check and not recognize it as being fraudulent is called:

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

Conversion Investigation Methods

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