Question 1

Name the major database maintained by the FBI.

Accepted Answer

A) CIA 
B) UCC filings 
C) DEA 
D) NCIC 
A) CIA 
B) UCC filings 
C) DEA 
D) NCIC D

Question 2

What do you mean by opting out?

Accepted Answer

A) Serving a written notice, denying the bank the right to sell 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 earlier.. 
A) Serving a written notice, denying the bank the right to sell 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 earlier.. A

Question 3

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

Accepted Answer

A) ​the company articles of incorporation 
B) ​the current board of directors 
C) ​the corporation registered agent 
D) ​the initial incorporators 
A) ​the company articles of incorporation 
B) ​the current board of directors 
C) ​the corporation registered agent 
D) ​the initial incorporators B

Question 4

The Department of Vital Statistics maintains:

Accepted Answer

A) licensing information. 
B) military records. 
C) fraud related information. 
D) birth records. 
A) licensing information. 
B) military records. 
C) fraud related information. 
D) birth records.

Question 5

Using the data given below,calculate the income from unknown sources for years 2 and 3 respectively.
Year 1
Year 2
Year 3
Total Assets
$252,000
$266,000
$309,000
Total Liabilities
244,000
134,000
64,000
Known Income
30,000
69,000
74,000
Total Living Expenses
17,500
10,800
8,800

Accepted Answer

A) (i) -3,200; -26,200 
B) (i) 65,800; 47,800 
C) (i) 76,600; 56,600 
D) (i) 69,000; 74,000 
A) (i) -3,200; -26,200 
B) (i) 65,800; 47,800 
C) (i) 76,600; 56,600 
D) (i) 69,000; 74,000

Question 6

When is searching through someone's garbage considered as 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 7

Data Set 9-1
 
-Refer Data Set 9-1.The income from unknown sources for years 2 and 3 respectively are:

Accepted Answer

A) $255,200; $300,200 
B) $171,200; $307,200 
C) $73,800; $179,800 
D) $65,800; $47,800 
A) $255,200; $300,200 
B) $171,200; $307,200 
C) $73,800; $179,800 
D) $65,800; $47,800

Question 8

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

Accepted Answer

A) County clerk 
B) CIA 
C) Secret service 
D) FBI 
A) County clerk 
B) CIA 
C) Secret service 
D) FBI

Question 9

What do you understand by the term trashing?

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 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 important documents, so as to leave no evidence. 
D) Gaining financial information through previous acquaintances.

Question 10

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 11

Which of the following is NOT one of the major credit reporting agency?

Accepted Answer

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

Question 12

​Which of the following is NOT a form of database access?

Accepted Answer

A) ​Subscription-based fees apply before access is granted. 
B) ​There is a per-use fee charged. 
C) ​A set number of searches are free followed by a daily charge for use thereafter. 
D) ​Unlimited free access to search is granted. 
A) ​Subscription-based fees apply before access is granted. 
B) ​There is a per-use fee charged. 
C) ​A set number of searches are free followed by a daily charge for use thereafter. 
D) ​Unlimited free access to search is granted.

Question 13

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

Question 14

Using the net worth method,calculate an individual's income from unknown sources.The following information is available: Increase in net worth
$100,000
Known income
$80,000
Salary
$60,000

Accepted Answer

A) $0 
B) $10,000 
C) $20,000 
D) $40,000 
A) $0 
B) $10,000 
C) $20,000 
D) $40,000

Question 15

Which of the following is classified as a state source of information?

Accepted Answer

A) Bureau of Alcohol, Tobacco, and Firearms 
B) County Clerk's office 
C) Department of Motor Vehicles 
D) Permit Departments 
A) Bureau of Alcohol, Tobacco, and Firearms 
B) County Clerk's office 
C) Department of Motor Vehicles 
D) Permit Departments

Question 16

​Which of the following is a limitation to the Net Worth Method?

Accepted Answer

A) ​It only includes assets and liabilities that can be discovered. 
B) ​The resulting amounts presented in court are usually lower than the actual theft amount. 
C) ​The Net Worth Method only gives an estimate of Net Worth increases or decreases. 
D) ​When presented with the Net Worth amount(s), suspects sometimes confess. 
A) ​It only includes assets and liabilities that can be discovered. 
B) ​The resulting amounts presented in court are usually lower than the actual theft amount. 
C) ​The Net Worth Method only gives an estimate of Net Worth increases or decreases. 
D) ​When presented with the Net Worth amount(s), suspects sometimes confess.

Question 17

Which of the following agencies is responsible for protecting the president of the United States and other federal dignitaries?

Accepted Answer

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

Question 18

​Which of the following statements is true?

Accepted Answer

A) ​Many fraud acts committed in the United States utilize the mail system. 
B) ​The United States Postal Service is a governmental organization. 
C) ​The United States Postal Inspection Service only shares its information with law enforcement agencies. 
D) ​Postal inspectors are state-employed investigators. 
A) ​Many fraud acts committed in the United States utilize the mail system. 
B) ​The United States Postal Service is a governmental organization. 
C) ​The United States Postal Inspection Service only shares its information with law enforcement agencies. 
D) ​Postal inspectors are state-employed investigators.

Question 19

Name the agency of the Department of Justice charged with enforcing laws against narcotics trafficking.

Accepted Answer

A) NCIC 
B) Secret Service 
C) DEA 
D) SSA 
A) NCIC 
B) Secret Service 
C) DEA 
D) SSA

Question 20

What of the following makes the net worth method ineffective in some situations?

Accepted Answer

A) It gives a conservative estimate of stolen funds which are not readily accepted as evidence by courts. 
B) It rarely facilitates obtaining confessions from the suspects. 
C) When people have income, they either purchase additional assets, pay off liabilities, or improve their lifestyle, thus increasing living expenses. 
D) Embezzlers typically spend their money on food, jewelery, vacation, and other luxuries that are difficult to track. 
A) It gives a conservative estimate of stolen funds which are not readily accepted as evidence by courts. 
B) It rarely facilitates obtaining confessions from the suspects. 
C) When people have income, they either purchase additional assets, pay off liabilities, or improve their lifestyle, thus increasing living expenses. 
D) Embezzlers typically spend their money on food, jewelery, vacation, and other luxuries that are difficult to track.

Name the major database maintained by the FBI.

What do you mean by opting out?

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

The Department of Vital Statistics maintains:

Using the data given below,calculate the income from unknown sources for years 2 and 3 respectively. Year 1 Year 2 Year 3 Total Assets $252,000 $266,000 $309,000 Total Liabilities 244,000 134,000 64,000 Known Income 30,000 69,000 74,000 Total Living Expenses 17,500 10,800 8,800

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

Data Set 9-1 -Refer Data Set 9-1.The income from unknown sources for years 2 and 3 respectively are:

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

What do you understand by the term trashing?

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

Which of the following is NOT one of the major credit reporting agency?

Which of the following is NOT a form of database access?

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

Using the net worth method,calculate an individual's income from unknown sources.The following information is available: Increase in net worth $100,000 Known income $80,000 Salary $60,000

Which of the following is classified as a state source of information?

Which of the following is a limitation to the Net Worth Method?

Which of the following agencies is responsible for protecting the president of the United States and other federal dignitaries?

Which of the following statements is true?

Name the agency of the Department of Justice charged with enforcing laws against narcotics trafficking.

What of the following makes the net worth method ineffective in some situations?

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

Name the major database maintained by the FBI.

What do you mean by opting out?

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

The Department of Vital Statistics maintains:

Using the data given below,calculate the income from unknown sources for years 2 and 3 respectively. Year 1 Year 2 Year 3 Total Assets $252,000 $266,000 $309,000 Total Liabilities 244,000 134,000 64,000 Known Income 30,000 69,000 74,000 Total Living Expenses 17,500 10,800 8,800

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

Data Set 9-1 -Refer Data Set 9-1.The income from unknown sources for years 2 and 3 respectively are:

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

What do you understand by the term trashing?

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

Which of the following is NOT one of the major credit reporting agency?

​Which of the following is NOT a form of database access?

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

Using the net worth method,calculate an individual's income from unknown sources.The following information is available: Increase in net worth $100,000 Known income $80,000 Salary $60,000

Which of the following is classified as a state source of information?

​Which of the following is a limitation to the Net Worth Method?

Which of the following agencies is responsible for protecting the president of the United States and other federal dignitaries?

​Which of the following statements is true?

Name the agency of the Department of Justice charged with enforcing laws against narcotics trafficking.

What of the following makes the net worth method ineffective in some situations?

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

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

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

Which of the following is NOT a form of database access?

Which of the following is a limitation to the Net Worth Method?

Which of the following statements is true?