Question 1

Individuals who acquire some level of skill and knowledge in the field of computer ethics are involved in which level of computer ethics?

Accepted Answer

A)  para computer ethics 
B)  pop computer ethics 
C)  theoretical computer ethics 
D)  practical computer ethics 
A)  para computer ethics 
B)  pop computer ethics 
C)  theoretical computer ethics 
D)  practical computer ethics A

Question 2

Scavenging is a form of fraud in which the perpetrator uses a computer program to search for key terms in a database and then steal the data.

Accepted Answer

A) True 
 B)False  False

Question 3

Explain the Pay and Return scheme.

Accepted Answer

A pay-and-return scheme involves a clerk with check-writing authority who pays a vendor twice for the same products (inventory or supplies) received. The vendor, recognizing that its customer made a double payment, issues a reimbursement to the victim company. The clerk intercepts and cashes the reimbursement check.

Question 4

Explain the problems associated with lack of auditor independence.

Accepted Answer

Auditing firms who are also engaged by t

Question 5

Explain the shell company fraud.

Accepted Answer

A shell company fraud first requires tha

Question 6

In balancing the risks and benefits that are part of every ethical decision, managers receive guidance from each of the following except

Accepted Answer

A)  justice 
B)  self interest 
C)  risk minimization 
D)  proportionality 
A)  justice 
B)  self interest 
C)  risk minimization 
D)  proportionality

Question 7

The text discusses many questions about personal traits of executives which might help uncover fraudulent activity. What are three?

Accepted Answer

executives: with high personal debt, liv

Question 8

Employees should be made aware of the firm's commitment to ethics.

Accepted Answer

A) True 
 B)False

Question 9

Computers can be misused in many ways.

Accepted Answer

A) True 
 B)False

Question 10

According to common law, there are five conditions that must be present for an act to be deemed fraudulent. Name and explain each.

Accepted Answer

In order for an act to be deemed fraudul

Question 11

Database management fraud includes altering, updating, and deleting an organization's data.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following controls would best prevent the lapping of accounts receivable?

Accepted Answer

A)  Segregate duties so that the clerk responsible for recording in the accounts receivable subsidiary ledger has no access to the general ledger. 
B)  Request that customers review their monthly statements and report any unrecorded cash payments. 
C)  Require customers to send payments directly to the company's bank. 
D)  Request that customers make the check payable to the company. 
A)  Segregate duties so that the clerk responsible for recording in the accounts receivable subsidiary ledger has no access to the general ledger. 
B)  Request that customers review their monthly statements and report any unrecorded cash payments. 
C)  Require customers to send payments directly to the company's bank. 
D)  Request that customers make the check payable to the company.

Question 13

Business ethics involves

Accepted Answer

A)  how managers decide on what is right in conducting business 
B)  how managers achieve what they decide is right for the business 
C)  both a and b 
D)  none of the above 
A)  how managers decide on what is right in conducting business 
B)  how managers achieve what they decide is right for the business 
C)  both a and b 
D)  none of the above

Question 14

Distinguish between skimming and cash larceny. Give an example of each

Accepted Answer

Skimming involves stealing cash from an

Question 15

Opportunity involves direct access to assets and/or access to information that controls assets.

Accepted Answer

A) True 
 B)False

Question 16

Which characteristic is not associated with software as intellectual property?

Accepted Answer

A)  uniqueness of the product 
B)  possibility of exact replication 
C)  automated monitoring to detect intruders 
D)  ease of dissemination 
A)  uniqueness of the product 
B)  possibility of exact replication 
C)  automated monitoring to detect intruders 
D)  ease of dissemination

Question 17

Define database management fraud.

Accepted Answer

Database management fraud incl

Question 18

Changing the Hours Worked field in an otherwise legitimate payroll transaction to increase the amount of the paycheck is an example of data collection fraud.

Accepted Answer

A) True 
 B)False

Question 19

Business bankruptcy cases always involve fraudulent behavior.

Accepted Answer

A) True 
 B)False

Question 20

A shell company fraud involves

Accepted Answer

A)  stealing cash from an organization before it is recorded. 
B)  stealing cash from an organization after it has been recorded. 
C)  manufacturing false purchase orders, receiving reports, and invoices. 
D)  a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor. 
A)  stealing cash from an organization before it is recorded. 
B)  stealing cash from an organization after it has been recorded. 
C)  manufacturing false purchase orders, receiving reports, and invoices. 
D)  a clerk paying a vendor twice for the same products and cashing the reimbursement check issued by the vendor.

Individuals who acquire some level of skill and knowledge in the field of computer ethics are involved in which level of computer ethics?

Scavenging is a form of fraud in which the perpetrator uses a computer program to search for key terms in a database and then steal the data.

Explain the Pay and Return scheme.

Explain the problems associated with lack of auditor independence.

Explain the shell company fraud.

In balancing the risks and benefits that are part of every ethical decision, managers receive guidance from each of the following except

The text discusses many questions about personal traits of executives which might help uncover fraudulent activity. What are three?

Employees should be made aware of the firm's commitment to ethics.

Computers can be misused in many ways.

According to common law, there are five conditions that must be present for an act to be deemed fraudulent. Name and explain each.

Database management fraud includes altering, updating, and deleting an organization's data.

Which of the following controls would best prevent the lapping of accounts receivable?

Business ethics involves

Distinguish between skimming and cash larceny. Give an example of each

Opportunity involves direct access to assets and/or access to information that controls assets.

Which characteristic is not associated with software as intellectual property?

Define database management fraud.

Changing the Hours Worked field in an otherwise legitimate payroll transaction to increase the amount of the paycheck is an example of data collection fraud.

Business bankruptcy cases always involve fraudulent behavior.

A shell company fraud involves

Auditing and Internal Control

Auditing IT Governance Controls

Auditing Operating Systems and Networks

Auditing Database Systems

Systems Development and Program Change Activities

Transaction Processing and Financial Reporting Systems Overview

Computer Assisted Audit Tools and Techniques

Data Structures and Caatts for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Enterprise Resource Planning Systems

Filters

Exam 12: Business Ethics, Fraud, and Fraud Detection

Individuals who acquire some level of skill and knowledge in the field of computer ethics are involved in which level of computer ethics?

Scavenging is a form of fraud in which the perpetrator uses a computer program to search for key terms in a database and then steal the data.

Explain the Pay and Return scheme.

Explain the problems associated with lack of auditor independence.

Explain the shell company fraud.

In balancing the risks and benefits that are part of every ethical decision, managers receive guidance from each of the following except

The text discusses many questions about personal traits of executives which might help uncover fraudulent activity. What are three?

Employees should be made aware of the firm's commitment to ethics.

Computers can be misused in many ways.

According to common law, there are five conditions that must be present for an act to be deemed fraudulent. Name and explain each.

Database management fraud includes altering, updating, and deleting an organization's data.

Which of the following controls would best prevent the lapping of accounts receivable?

Business ethics involves

Distinguish between skimming and cash larceny. Give an example of each

Opportunity involves direct access to assets and/or access to information that controls assets.

Which characteristic is not associated with software as intellectual property?

Define database management fraud.

Changing the Hours Worked field in an otherwise legitimate payroll transaction to increase the amount of the paycheck is an example of data collection fraud.

Business bankruptcy cases always involve fraudulent behavior.

A shell company fraud involves

Auditing and Internal Control

Auditing IT Governance Controls

Auditing Operating Systems and Networks

Auditing Database Systems

Systems Development and Program Change Activities

Transaction Processing and Financial Reporting Systems Overview

Computer Assisted Audit Tools and Techniques

Data Structures and Caatts for Data Extraction

Auditing the Revenue Cycle

Auditing the Expenditure Cycle

Enterprise Resource Planning Systems

Filters