NO.41 A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

NO.42 If an analytical review reveals that a company’s cost of goods sold has increased by a disproportionate amount relative to its sales, and no changes have occurred in the purchase prices, quantities purchased, or quality of products purchased, what does this most likely indicate?

NO.43 Which of the following is the MOST APPROPRIATE technique for detecting a nonconforming goods or services scheme?

NO.44 Which of the following is an example of a corruption scheme?

NO.45 A ____________ can be very costly for an organization to undertake, both in terms of money and time spent.

NO.46 Which of the following scenarios is an example of an electronic extortion scheme?

NO.47 A shell company scheme in which actual goods or services are sold to the victim company is known as:

NO.48 Which of the following is a common red flag of procurement fraud schemes involving collusion among contractors?

NO.49 ______________ is required not only for theft, but for procedures to detect errors, avoid waste and insure a proper amount of inventory is maintained.

NO.50 Which sale occurs when the accomplice of the employee-fraudster “buys” merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?

NO.51 All of the following methods would be helpful in detecting a skimming scheme EXCEPT:

NO.52 In Fraud scale pressure, opportunity and integrity variables all results in a list of ___ possible red flags or indicators of occupational fraud and abuse.

NO.53 The principal way to detect omitted credits from books of account is through:

NO.54 ____________ is a process by which a bookkeeper records all transactions and can adjust the books.

NO.55 Physical assets including _________ and ________ are the most commonly misappropriated noncash asset in our study.

NO.56 What can make it easy for an employee to skim sales or receivables?

NO.57 The most common method of detection in corruption cases is: