Question: (Multiple Choice) 1. Future careers in fraud will most likely be: a. In low demand. b. In moderate demand. c. Low paying. d. In high
1. Future careers in fraud will most likely be:
a. In low demand.
b. In moderate demand.
c. Low paying.
d. In high demand and financially rewarding.
2. Studying fraud will help you:
a. Learn evidence-gathering skills.
b. Avoid high-risk and fraudulent activities.
c. Learn valuable interviewing skills.
d. All of the above.
3. Which of the following is not a reliable resource for fraud statistics?
a. FBI agencies.
b. Health agencies.
c. Insurance organizations.
d. Fraud perpetrators.
4. Which of the following statements is true?
a. Bank robberies are more costly than frauds.
b. Fraud is often labeled the fastest growing crime.
c. FBI agencies are currently spending approximately 35 percent of their time on fraudulent activities.
d. None of the above statements are true.
5. Which of the following is not an element of fraud?
a. False representation.
b. Accidental behavior.
c. Damage to a victim.
d. Intentional or reckless behavior.
6. What is the best way to minimize fraud within an organization?
a. Detection of fraud.
b. Investigation of fraudulent behavior.
c. Prevention activities.
d. Research company activities.
7. What is the most important element in successful fraud schemes?
a. Promised benefits.
b. Confidence in the perpetrator.
c. Profitable activities.
d. Complexity.
8. Which of the following characters is least likely to be involved in a fraud?
a. A middle-aged person with a middle management position.
b. A long-haired teenager wearing leather pants.
c. A recent college graduate.
d. A senior executive who has significant stock options
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