- All Exams Instant Download
Which of the following is a detective anti-fraud control?
Which of the following is a detective anti-fraud control?A . Hiring policies and procedures B. Independent reconciliations C. Separation of duties D. Fraud awareness trainingView AnswerAnswer: B
Which of the following is TRUE regarding the auditor's consideration of fraud during this engagement?
A government auditor is conducting a financial statement audit of a public-sector entity in accordance with the International Standards of Supreme Audit Institutions (ISSAI) . Which of the following is TRUE regarding the auditor's consideration of fraud during this engagement?A . In addition to fraud, the auditor should remain alert...
International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the establishment of anti-fraud internal controls within an organization.
International Standard on Auditing (ISA) 240 establishes auditors as being primarily responsible for the establishment of anti-fraud internal controls within an organization.A . True B. FalseView AnswerAnswer: B
According to Silk and Vogel's research, business leaders rationalize legal violations by asserting that compliance with government regulations is too costly and cuts too heavily into company profits.
According to Silk and Vogel's research, business leaders rationalize legal violations by asserting that compliance with government regulations is too costly and cuts too heavily into company profits.A . True B. FalseView AnswerAnswer: A
Which of the following is a best practice to ensure a successful fraud reporting program?
Which of the following is a best practice to ensure a successful fraud reporting program?A . The company should communicate that fraud, waste, and abuse are more likely to occur in large organizations than small ones. B. The company should require employees with information about potential fraud to report it...
According to behaviorists such as B. F. Skinner, which of the following scenarios is MOST LIKELY to occur when an undesired behavior is punished?
According to behaviorists such as B. F. Skinner, which of the following scenarios is MOST LIKELY to occur when an undesired behavior is punished?A . The behavior will return when punishment ceases B. The behavior will be permanently suppressed C. The behavior will occur more frequently. D. The behavior will...
Employees should be kept unaware that management is watching for lifestyle and behavior changes In staff members that might indicate fraud.
Employees should be kept unaware that management is watching for lifestyle and behavior changes In staff members that might indicate fraud.A . True B. FalseView AnswerAnswer: B
Having specialized departments within a company often increases the overall risk ot traud by the organization.
Having specialized departments within a company often increases the overall risk ot traud by the organization.A . True B. FalseView AnswerAnswer: A
Which of the following is FALSE regarding an organization's anti-fraud policy?
Which of the following is FALSE regarding an organization's anti-fraud policy?A . A detailed anti-fraud policy can make it easier to investigate and punish employees who commit fraud and other dishonest acts. B. To avoid legal problems in discharging employees, the anti-fraud policy should not include any specific examples of...
Which of the following is Susannah's BEST response to these findings?
Susannah Is conducting an external audit of a company In a jurisdiction that is subject to International Standards on Auditing (ISAs). While undertaking her audit procedures, she discovers evidence that senior management has been fraudulently manipulating the financial statements . Which of the following is Susannah's BEST response to these...
