wine whether ident Analye how the fraud triangle that the me REVIEW QUESTIONS Decl and es of the relatively small andl and C e Identity from Cressy's roca Ling the MICE com examine w froad to the perpetrator might be relativ 10. E l the benefits of the triangle of fraud two triangle in courtroom lestimonial situati Discuss th e animationaler Oive examples of behavia indications of fraud. the relationship between an employee's position level of the pot considered besorganisational versus graniral uning the me Identify which of the following is not con problem from Cressy's research Business reversal such as bankruptcy Losses due to gambling c. Justification of the fraud act by blaming the work conditions MULTIPLE CHOICE QUESTIONS 1. Select the statement that hest describes organi A Organizational and organized crime are essentially the same both center on crimes committed by organizations. Some of the crimes typically associated with organized in include money laundering. mail and wire fraud, conspiracy racketeering Cganized crime Occurs when otherwise legitimate and abiding organizations are involved in a criminal offense. Some of the crimes typically associated with organizational crime Include money laundering, mail and wire fraud, conspiracy, and racketeering uninsured medicale of the following is aracteristic of capo 2. Which of the followine is true with regard to Cressey's theory of crime Causation? A. For a fraud to occur only one of the fraud triangle attributes (perceived pressure, perceived opportunity, or rationalization needs to be present. B. Opportunity includes both the opportunity to complete the fraud and conceal it without getting caught. C. Financial pressure that is shareable will never result in a fraud. D. Rationalization is the least important attribute of the fraud triangle D. Personal problems al problems such as an uninsured med in the Albrecht Fraud Scale, which of the following A. The fraud scale adds the characteristic of triangle The fraud scale adds the characteristic of triangle C. The fraud scale adds the characteristic of Tai fraud triangle D. The fraud scale substitutes integrity in place of 5. Which of the following is not a behavioral indicator A. Buying new luxury cars or wearing expensive B. Acting irritable, defensive, or in a belligerent C. Not taking vacations of more than two or three D. Failing to retain adequate financial records UOOPAS Module The Fraud Triangle in Court and the Meta-Model A Investment losses by managers 6. Which of the following hest describes the relationship between an B Meeting analysts' expectations employee's position and theft (according to Hollinger and Clark's - C, Deadlines and cutoffs research? D. Qualifying for bonuses A. The more expenshe thefts are observed in jobs with greater access to the assets of value in the organization. Which two adjustments are made to the fraud triangle to B. The higher the level of employee in an organization, the less likely predators? accommo that employee is to steal due to higher levels of compensation and A. The fraud triangle is not meant to differentiate between job satisfaction. and predator fraudsters. C. Employees with less tenure with an organization are less knowledge- Criminal mindset and arrogance substitute for pre able about internal controls and are therefore more afraid to steal. rationalization. D. Hollinger and Clark's research findings suggest that income is a C. Predators have less pressure because they are more hely strong predictor of employee theft. involved in international money laundering and setting 7. In terms of the definition of occupational fraud and abuse, who is companies, particularly in foreign countries D. Criminal mindset and opportunity substitute for presse an employee? rationalization. A. Any person who receives regular and periodic compensation from an organization for his or her labor 12. One major difference between fraud and a mistake is B. Only rank and file workers A. Concealment C. Any trust violator B. Cover-up D. Respectable business and professional individuals C. The act 8. The difference between fraud and errors is: D. Conversion (benefit to the perpetrator) A. The materiality of the value involved 13. One way of demonstrating that an act was fraud and not a mista B. Intent of those involved C. Whether it affects owners' equity or not A. Demonstrating that the employee concealed the act - D. All of the choices are correct B. Showing that there were multiple incidents of the same C. The destruction of evidentiary documents that describe . One of the most important contributions of criminology to the study D. All of the above of fraud is: A. The M.I.C.E. concept 14. Large fraud perpetrators are more likely to use the money -B. The fraud triangle following except: C. The relationship of punishment to remediation A. To purchase new homes D. None of the above B. To pay for expensive vacations C. To support extramarital affairs Financial statement fraud is often attributed to pressures. These ressures include all of the following except: D. To pay taxes UD CASEBOOK Com All multiple choices questions - please, thanks These Professional Standards are effective for engagements accepted on or after August 1, 2015 tional Association of Certified Valuat e wine whether ident Analye how the fraud triangle that the me REVIEW QUESTIONS Decl and es of the relatively small andl and C e Identity from Cressy's roca Ling the MICE com examine w froad to the perpetrator might be relativ 10. E l the benefits of the triangle of fraud two triangle in courtroom lestimonial situati Discuss th e animationaler Oive examples of behavia indications of fraud. the relationship between an employee's position level of the pot considered besorganisational versus graniral uning the me Identify which of the following is not con problem from Cressy's research Business reversal such as bankruptcy Losses due to gambling c. Justification of the fraud act by blaming the work conditions MULTIPLE CHOICE QUESTIONS 1. Select the statement that hest describes organi A Organizational and organized crime are essentially the same both center on crimes committed by organizations. Some of the crimes typically associated with organized in include money laundering. mail and wire fraud, conspiracy racketeering Cganized crime Occurs when otherwise legitimate and abiding organizations are involved in a criminal offense. Some of the crimes typically associated with organizational crime Include money laundering, mail and wire fraud, conspiracy, and racketeering uninsured medicale of the following is aracteristic of capo 2. Which of the followine is true with regard to Cressey's theory of crime Causation? A. For a fraud to occur only one of the fraud triangle attributes (perceived pressure, perceived opportunity, or rationalization needs to be present. B. Opportunity includes both the opportunity to complete the fraud and conceal it without getting caught. C. Financial pressure that is shareable will never result in a fraud. D. Rationalization is the least important attribute of the fraud triangle D. Personal problems al problems such as an uninsured med in the Albrecht Fraud Scale, which of the following A. The fraud scale adds the characteristic of triangle The fraud scale adds the characteristic of triangle C. The fraud scale adds the characteristic of Tai fraud triangle D. The fraud scale substitutes integrity in place of 5. Which of the following is not a behavioral indicator A. Buying new luxury cars or wearing expensive B. Acting irritable, defensive, or in a belligerent C. Not taking vacations of more than two or three D. Failing to retain adequate financial records UOOPAS Module The Fraud Triangle in Court and the Meta-Model A Investment losses by managers 6. Which of the following hest describes the relationship between an B Meeting analysts' expectations employee's position and theft (according to Hollinger and Clark's - C, Deadlines and cutoffs research? D. Qualifying for bonuses A. The more expenshe thefts are observed in jobs with greater access to the assets of value in the organization. Which two adjustments are made to the fraud triangle to B. The higher the level of employee in an organization, the less likely predators? accommo that employee is to steal due to higher levels of compensation and A. The fraud triangle is not meant to differentiate between job satisfaction. and predator fraudsters. C. Employees with less tenure with an organization are less knowledge- Criminal mindset and arrogance substitute for pre able about internal controls and are therefore more afraid to steal. rationalization. D. Hollinger and Clark's research findings suggest that income is a C. Predators have less pressure because they are more hely strong predictor of employee theft. involved in international money laundering and setting 7. In terms of the definition of occupational fraud and abuse, who is companies, particularly in foreign countries D. Criminal mindset and opportunity substitute for presse an employee? rationalization. A. Any person who receives regular and periodic compensation from an organization for his or her labor 12. One major difference between fraud and a mistake is B. Only rank and file workers A. Concealment C. Any trust violator B. Cover-up D. Respectable business and professional individuals C. The act 8. The difference between fraud and errors is: D. Conversion (benefit to the perpetrator) A. The materiality of the value involved 13. One way of demonstrating that an act was fraud and not a mista B. Intent of those involved C. Whether it affects owners' equity or not A. Demonstrating that the employee concealed the act - D. All of the choices are correct B. Showing that there were multiple incidents of the same C. The destruction of evidentiary documents that describe . One of the most important contributions of criminology to the study D. All of the above of fraud is: A. The M.I.C.E. concept 14. Large fraud perpetrators are more likely to use the money -B. The fraud triangle following except: C. The relationship of punishment to remediation A. To purchase new homes D. None of the above B. To pay for expensive vacations C. To support extramarital affairs Financial statement fraud is often attributed to pressures. These ressures include all of the following except: D. To pay taxes UD CASEBOOK Com All multiple choices questions - please, thanks These Professional Standards are effective for engagements accepted on or after August 1, 2015 tional Association of Certified Valuat e