Attaching 15 multiple choice questions. Need within 2 hours 30 mins please.

15. (TCO 4) A key tenet of SAS 99 requires auditors to maintain independence and detect fraud through which of the following? (Points : 5) The use of professional skepticism Prior experience as a fraud investigator Obtaining books and records from a third party to ensure they were not altered Having no prior involvement or association with the audit client prior to the current engagement Question 16. 16. (TCO 5) In Chapter 5 the Association of Certified Fraud Examiners (ACFE) stated that which of the following should perform the ACFE Fraud Prevention Check-Up? (Points : 5) Ideally, as a collaboration between objective, independent fraud specialists and people within the organization who have extensive knowledge about its operations Only people within the organization who have extensive knowledge about its operations The organization's internal audit department An independent auditor Question 17. 17. (TCO 5) We discussed enterprise risk management (ERM) in Chapter 5. According to our lecture and the text, a good ERM program will (Points : 5) mean that the company's financial statements are accurate and complete. enable the company to determine its appetite for certain risks and whether the current set of controls are effective at keeping the risk within its appetite. ensure that executives and senior management make profitable business decisions. require that all new hires undergo a background check prior to their first date of employment. Question 18. 18. (TCOs 4 and 5) Companies transfer risk by purchasing insurance. This is an example of (Points : 5) the company's enterprise risk management program identifying risk and taking steps to deal with it. removing all potential fraud from its operations. solving future fraud problems and establishing solid corporate governance procedures. ensuring that the company's compliance program is effective. Question 19. 19. (TCOs 3 and 6) In his statement on June 10, 2009, Treasury Secretary Timothy Geithner proposed five principles that he intended to better align compensation practices with the interests of shareholders. Two of those included (Points : 5) a. compensation plans that properly measured and rewarded performance. B. capping executive pay at $1 million per year, including bonuses and deferred compensation. C. re-examining golden parachutes and supplemental retirement packages to align executives' interests with the shareholders of the company. A and C Question 20. 20. (TCOs 5 and 6) A shell company is set up to purchase actual goods at regular prices to resell to the fraudster's company at inflated prices. This is an example of (Points : 5) a pass-through scheme. dummy accounting. Ponzi scheme. a double-entry accounting scheme. Question 21. 21. (TCO 6) Financial statement fraud usually involves all of the following, except (Points : 5) intense pressure on senior management to meet certain financial or other goals. separation of duties. no whistle-blowers. aggressive accounting practices. Question 22. 22. (TCOs 6 and 7) When Bernard Madoff perpetuated his fraudulent scheme that cost investors between $20 and $65 million in losses through his company Bernard L. Maddoff Investment Services, the scheme was a classic example of a (Points : 5) pass-through scheme. Ponzi scheme. shell company purchasing scheme. the \"too good to be true\" scheme. Question 23. 23. (TCOs 6 and 7) Merchants will use an AVS authentication protocol to combat (Points : 5) credit card fraud. payroll schemes and check tampering. pass-through schemes. Ponzi schemes. Question 24. 24. (TCO 7) When Bernard Madoff perpetuated his fraudulent scheme which cost investors between $20 and $65 million in losses through his company Bernard L. Maddoff Investment Services, the scheme was a classic example of a (Points : 5) bust-out scam. Ponzi scheme. reshipping scam. fraudulent credit card number scam. Question 25. 25. (TCOs 7 and 8) When a company establishes a whistle-blower hotline, it may not do which of the following? (Points : 5) Require the caller to identify himself. Retaliate against the caller for reporting allegations of fraud. Require the caller to set forth sufficient details such that the company need do little investigation into the allegations. Require callers to report allegations of fraud during regular business hours. Question 26. 26. (TCOs 7 and 8) When a credit card system uses CSV to combat fraud, it means that (Points : 5) customers' orders will be completed pending a final verification check of their credit card number. it is requiring customers to provide the three-digit number on the back of their Visa or MasterCard or the four-digit number on the front of their American Express card in order to complete a transaction. it is running a customer's credit card through a Card Security Authentication system. it is verifying the customer's address (including zip code) with that shown on the system. Question 27. 27. (TCO 8) In Chapter 11 we learned that to underscore the importance of the financial integrity concept, a company should consider calling the fraud prevention unit the (Points : 5) Fraud Investigation Group. Financial Integrity Unit. Financial Enforcement Unit. Financial Fraud Enforcement Department. Question 28. 28. (TCO 8) To limit theft and embezzlement on the job, the Society for Human Resource Management conducted research that concluded that companies view which of the following as their top prevention tool? (Points : 5) Ensuring a quality candidate is found for the position the company seeks to fill Calling the candidate's college or university to verify attendance dates and degree obtained Conducting a credit background check Determining whether the candidate owns or rents their home Question 29. 29. (TCO 8) The Society for Human Resource Management concluded research that found that the top reasons why organizations conduct credit background checks are to (Points : 5) ensure a quality candidate is found for the position the company seeks to fill. determine whether the new employee abuses drugs (whether prescription or illegal) or drinks excessively. limit theft and embezzlement on the job. determine whether the potential employee will get along with other employees. Question 30. 30. (TCO 8) According to Chapter 12, civil and criminal repercussions may result in a company that fails to build or implement a _____ as part of the company's overall compliance program: (Points : 5) whistle-blower hotline good relationship with local police department strong sense of employee ownership and engagement AVS or CVS system