Q49. A __________ is a day-by-day, or chronological, record of transactions

Q50. To keep the accounting equation in balance, which of the following actions will need to be taken if someone wants to conceal the fraudulent removal of a liability from the books?

Q51. Which of the following is a method that might be used to fraudulently overstate the accounts receivable balance?

Q52. Which of the following is a red flag that might indicate that someone is attempting to commit insurance fraud?

Q53. Most of the shell company schemes involve the purchase of goods rather than services.

Q54. When employee committing the fraud removes cash from the register and also the item allegedly being returned is debited back into the inventory, this refers to:

Q55. Blue borrowed her employer’s snowplow for her own snow removal business, which she operates on the side.
Blue only used the snowplow on the weekends or after hours, when her employer was not open for business.
Blue falsified the mileage and usage logs for the snowplow so that no one would know she had been using it.
The snowplow was returned unharmed. Which of the following statements is MOST ACCURATE?

Q56. Occupational fraud and abuse is a (an) __________ of doing business, in much the same way that we pay expenses for electricity, taxes and wages.

Q57. Depreciation is especially applicable when companies try to overvalue their assets and net worth; the lower their depreciation expense, the higher the company’s profits.

Q58. The behavior profile of employees who are involved in bribery schemes may include:

Q59. __________ means that traditional bribery statutes proscribe only payments made to influence the decisions of government agents or employees.

Q60. Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

Q61. Employees steal an incoming payment and then place the incoming funds in an interest bearing account for:

Q62. A process by which several bidders conspire to split contracts up and ensure that each gets a certain amount of work is called:

Q63. Which of the following is an example of a corruption scheme?

Q64. If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

Q65. According to Marshall, ______ are probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

Q66. Which of the following offender types in which people who take the money and run away?

Q67. Which of the following is NOT an indicator of insider cyberfraud?

Q68. Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:

Q69. Which of the following is NOT the aspect of inventory purchase?

Q70. According to the recommended methodology for responding to cybersecurity incidents, which of the following activities should occur during the preparation step?

Q71. What type of fraud scheme would an analysis of payroll withholdings be MOST LIKELY to reveal?