Exam 8: Investigating Concealment

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 is doubting his two night-shift employees.Which is the best investigative method to uncover such a fraud?

Computer searches and physical asset counts usually focus on the ________ element of the fraud triangle.

Which statistical sampling allows an auditor to generalize and make inferences from the sample to the population?

________ means that a record must be kept of when a document is received and what has happened to it since its receipt.

The least reliable method of obtaining documentary evidence is:

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

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

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

_______ is the risk that the sample was not representative of the population.

The best way to obtain documentary evidence is:

The four most common examples of documentary evidence which are valuable but difficult to obtain are:

_______ is a popular program used to index and store evidence.

____ are used by attorneys involved in litigation to track all documents.

The three most common ways to obtain documentary evidence which are valuable but difficult to obtain are:

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

Discovery sampling is sometimes referred to as _____ sampling.

Which of the following is NOT a characteristic of sampling risk?

Which of the following observations is true about subpoenas?

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

Methods for concealment investigation include all but which of the following?