Question 1

Describe occupational fraud and abuse.

Accepted Answer

Occupational fraud and abuse is defined

Question 2

Ethics involves questions requiring reflective choice and their consequences to the individual and others decision problems.

Accepted Answer

A) True 
 B)False

Question 3

Can a law permit an action that is prohibited by a profession's code of ethics? Discuss and give an example.

Accepted Answer

It may happen that a law might permit an

Question 4

Which of the following is the most likely reason that Cressey believes an employee tries to solve a financial problem in secret?

Accepted Answer

A)  because they are afraid of losing the approval of those around them. 
B)  because they are afraid of getting arrested. 
C)  because they worry that someone else will want part of the money they steal. 
D)  because they are afraid they will have to go back to college. 
A)  because they are afraid of losing the approval of those around them. 
B)  because they are afraid of getting arrested. 
C)  because they worry that someone else will want part of the money they steal. 
D)  because they are afraid they will have to go back to college.

Question 5

In terms of the definition of occupational fraud and abuse, who is an employee?

Accepted Answer

A)  Any person who receives regular and periodic compensation from an organization for his or her labor. 
B)  Only rank and file workers. 
C)  Any trust violator. 
D)  Respectable business and professional men. 
A)  Any person who receives regular and periodic compensation from an organization for his or her labor. 
B)  Only rank and file workers. 
C)  Any trust violator. 
D)  Respectable business and professional men.

Question 6

Negligence applies when a person acts in a reasonable and prudent manner.

Accepted Answer

A) True 
 B)False

Question 7

The legal standard for negligence has all of the following elements except:

Accepted Answer

A)  wire fraud 
B)  duty. 
C)  breach. 
D)  cause in fact. 
A)  wire fraud 
B)  duty. 
C)  breach. 
D)  cause in fact.

Question 8

What is the five-step approach to fraud prevention, deterrence, and detection?

Accepted Answer

1. Know the exposures brainstorming, ris

Question 9

All of the following are characteristics of absconders except:

Accepted Answer

A)  low occupational and socioeconomic status 
B)  typically single or separated from their spouse. 
C)  few group associations. 
D)  have strong social ties. 
A)  low occupational and socioeconomic status 
B)  typically single or separated from their spouse. 
C)  few group associations. 
D)  have strong social ties.

Question 10

According to Cressey, a trust violator is best described as

Accepted Answer

A)  fictious collateral. 
B)  an embezzler. 
C)  one who is willing to settle for low status. 
D)  a satisfied employee. 
A)  fictious collateral. 
B)  an embezzler. 
C)  one who is willing to settle for low status. 
D)  a satisfied employee.

Question 11

Cressey's classic fraud triangle helps explain the nature of all occupational offenders.

Accepted Answer

A) True 
 B)False

Question 12

According to Albrecht, personal integrity refers to the personal code of ethical behavior that each person adopts.

Accepted Answer

A) True 
 B)False

Question 13

According to Cressey, the embezzlers that he studied generally rationalized their crimes by viewing them as all of the following except:

Accepted Answer

A)  They viewed them as essentially noncriminal. 
B)  They viewed them as justified. 
C)  They viewed them as part of a general irresponsibility for which they were not completely accountable. 
D)  They viewed them as part of skills set. 
A)  They viewed them as essentially noncriminal. 
B)  They viewed them as justified. 
C)  They viewed them as part of a general irresponsibility for which they were not completely accountable. 
D)  They viewed them as part of skills set.

Question 14

Formal controls can be best described as the way an employee internalizes group norms of the organization.

Accepted Answer

A) True 
 B)False

Question 15

Identify from Cressey's research the six situational categories that cause non-shareable problems.

Accepted Answer

Cressey found that the nonshareable prob

Question 16

Based on a number of theories, people obey laws for all of the following reasons except:

Accepted Answer

A)  The fear of punishment 
B)  The desire for rewards 
C)  In order to act in a just and moral manner according to society's standards. 
D)  Due to a duty to act 
A)  The fear of punishment 
B)  The desire for rewards 
C)  In order to act in a just and moral manner according to society's standards. 
D)  Due to a duty to act

Question 17

Regarding theft, Hollinger and Clark were able to confirm a direct relationship between:

Accepted Answer

A)  computerized inventory control and sick leave policy. 
B)  an employee's position and the level of theft. 
C)  lower levels of income and higher levels of theft. 
D)  None of these were confirmed as a direct relationship. 
A)  computerized inventory control and sick leave policy. 
B)  an employee's position and the level of theft. 
C)  lower levels of income and higher levels of theft. 
D)  None of these were confirmed as a direct relationship.

Question 18

Three people check into a hotel. They pay $30 to the manager and go to their room. The manager suddenly remembers that the room rate is $25 and gives $5 to the bellboy to return to the people. On the way to the room, the bellboy reasons that $5 would be difficult to share among three people so he pockets $2 and gives $1 to each person. Now each person paid $10 and got back $1. So they paid $9 each, totaling $27. The bellboy has $2, totaling $29. Where is the missing $1?"

Accepted Answer

Be careful of what you are adding togeth

Question 19

Status gaining is most typically associated with which of the following?

Accepted Answer

A)  perceived economic pay inequities. 
B)  no one to share a problem with. 
C)  revenge for unfair treatment in the workplace. 
D)  "keeping up with the Joneses" syndrome. 
A)  perceived economic pay inequities. 
B)  no one to share a problem with. 
C)  revenge for unfair treatment in the workplace. 
D)  "keeping up with the Joneses" syndrome.

Question 20

Which of the following would be classified as a business reversal that leads to the perception of non-shareable financial problems?

Accepted Answer

A)  problems arising from inflation. 
B)  problems arising from high interest rates. 
C)  problems arising from economic downturns. 
D)  problems arising from having no one to turn to. 
A)  problems arising from inflation. 
B)  problems arising from high interest rates. 
C)  problems arising from economic downturns. 
D)  problems arising from having no one to turn to.

Describe occupational fraud and abuse.

Ethics involves questions requiring reflective choice and their consequences to the individual and others decision problems.

Can a law permit an action that is prohibited by a profession's code of ethics? Discuss and give an example.

Which of the following is the most likely reason that Cressey believes an employee tries to solve a financial problem in secret?

In terms of the definition of occupational fraud and abuse, who is an employee?

Negligence applies when a person acts in a reasonable and prudent manner.

The legal standard for negligence has all of the following elements except:

What is the five-step approach to fraud prevention, deterrence, and detection?

All of the following are characteristics of absconders except:

According to Cressey, a trust violator is best described as

Cressey's classic fraud triangle helps explain the nature of all occupational offenders.

According to Albrecht, personal integrity refers to the personal code of ethical behavior that each person adopts.

According to Cressey, the embezzlers that he studied generally rationalized their crimes by viewing them as all of the following except:

Formal controls can be best described as the way an employee internalizes group norms of the organization.

Identify from Cressey's research the six situational categories that cause non-shareable problems.

Based on a number of theories, people obey laws for all of the following reasons except:

Regarding theft, Hollinger and Clark were able to confirm a direct relationship between:

Status gaining is most typically associated with which of the following?

Which of the following would be classified as a business reversal that leads to the perception of non-shareable financial problems?

Core Foundation Related to Fraud Examination and Financial Forensics

Careers in Fraud Examination and Financial Forensics

Complex Frauds and Financial Crimes

Cybercrime: Computer and Internet Fraud

Legal, Regulatory, and Professional Environment

Fraud Detection: Red Flags and Targeted Risk Assessment

Detection and Investigations

Effective Interviewing and Interrogation

Using Information Technology for Fraud Examination and Financial Forensics

Cash Receipt Schemes and Other Asset Misappropriations

Cash Disbursement Schemes

Corruption and the Human Factor

Financial Statement Fraud

Consulting, Litigation Support, and Expert Witnesses: Damages, Valuations, and Other Engagements

Remediation and Litigation Advisory Services

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Exam 3: Who Commits Fraud and Why: Criminology and Ethics

Describe occupational fraud and abuse.

Ethics involves questions requiring reflective choice and their consequences to the individual and others decision problems.

Can a law permit an action that is prohibited by a profession's code of ethics? Discuss and give an example.

Which of the following is the most likely reason that Cressey believes an employee tries to solve a financial problem in secret?

In terms of the definition of occupational fraud and abuse, who is an employee?

Negligence applies when a person acts in a reasonable and prudent manner.

The legal standard for negligence has all of the following elements except:

What is the five-step approach to fraud prevention, deterrence, and detection?

All of the following are characteristics of absconders except:

According to Cressey, a trust violator is best described as

Cressey's classic fraud triangle helps explain the nature of all occupational offenders.

According to Albrecht, personal integrity refers to the personal code of ethical behavior that each person adopts.

According to Cressey, the embezzlers that he studied generally rationalized their crimes by viewing them as all of the following except:

Formal controls can be best described as the way an employee internalizes group norms of the organization.

Identify from Cressey's research the six situational categories that cause non-shareable problems.

Based on a number of theories, people obey laws for all of the following reasons except:

Regarding theft, Hollinger and Clark were able to confirm a direct relationship between:

Status gaining is most typically associated with which of the following?

Which of the following would be classified as a business reversal that leads to the perception of non-shareable financial problems?

Core Foundation Related to Fraud Examination and Financial Forensics

Careers in Fraud Examination and Financial Forensics

Complex Frauds and Financial Crimes

Cybercrime: Computer and Internet Fraud

Legal, Regulatory, and Professional Environment

Fraud Detection: Red Flags and Targeted Risk Assessment

Detection and Investigations

Effective Interviewing and Interrogation

Using Information Technology for Fraud Examination and Financial Forensics

Cash Receipt Schemes and Other Asset Misappropriations

Cash Disbursement Schemes

Corruption and the Human Factor

Financial Statement Fraud

Consulting, Litigation Support, and Expert Witnesses: Damages, Valuations, and Other Engagements

Remediation and Litigation Advisory Services

Filters