Question

Multiple Choice Questions:
1. The fraud reporting process can be defined as:
a. The process of submitting reports to authorities and insurance companies.
b. The process of documenting frauds committed.
c. The process of informing affected stakeholders.
d. None of the above.

2. Which of the following is not a step in the fraud investigation engagement process?
a. Create an incident report.
b. Agree on the primary suspects.
c. Produce an engagement letter or memorandum.
d. All of the above are steps in the engagement process.

3. Which of the following statements is correct?
a. The relative importance of the steps in the fraud engagement process is the same for all players involved (e.g., the police, the independent investigator, and the victim).
b. The relative importance of the steps in the fraud engagement process varies among the players involved (e.g., the police, the independent investigator, and the victim).
c. Completely different steps in the engagement process will be followed depending on what type of investigator is involved.
d. None of the above is a correct statement.

4. Which of the following statements is correct regarding the role of the fraud investiga¬tor in the loss recovery process?
a. The investigator definitely has an important role.
b. The investigator may have an important role.
c. The investigator never has an important role.
d. None of the above statements is correct.

5. Which of the following is true regarding the use of a centralized case file in fraud investigations?
a. It is not advisable because doing so makes it easier for legal opponents to subpoena documents.
b. It is advisable because doing so does not make it easier to respond to subpoena requests of legal opponents.
c. It is always advisable because doing so can be helpful in optimizing a fraud management system.
d. It is not advisable because doing so can be deleterious in optimizing a fraud management system

6. From a law enforcement standpoint, an incident report may be important because it:
a. Saves the officer from having to write his own report.
b. May serve as the basis for an immediate arrest.
c. May serve as probable cause needed to subpoena records.
d. Guarantees habeas corpus for the suspect



$1.99
Sales0
Views37
Comments0
  • CreatedMarch 20, 2015
  • Files Included
Post your question
5000