Multiple Choice

1.Why does fraud seem to be increasing at such an alarming rate?

A: Computers the Internet  and technology make fraud easier to commit and cover up

B: Most frauds today fraud  are detected whereas in the past many where not

C: A new law requires that fraud be reported within 24 hours

D: People understand the consequences of fraud to organizations and business.

  1. Which of the following is not an important element of fraud?

A: Confidence

B: Deception

C: Trickery

D: Intelligence

  1. Fraud is conspired to be:

A: A serious problem that continues

B: A problem felt by a few individuals but not buy  most people

C: A mild problem that most business need town worry about.

D: A problem under control.

  1. People who commit fraud are usually:

A: New employees.

B: Not well groomed and have long hair and tattoos.

C: People with strong personalities

D: Trusted individuals

5.“The use of ones occupation for personal enrichment through the deliberate misuse or misapplication of the employing organizations resources or assets“ is the definition of which of the following types of fraud?

A: Employee embezzlement or occupation fraud.

B: Investment frauds.

C: Management fraud.

D: Vendor fraud.

6.Corporate employee fraud fighters:

A: Work as postal inspectors and law enforcement official.

B: Prevent, detect, and investigate fraud within a company

C: Are lawyers that defend and/or prosecute fraud cases.

D: None of the above.

  1. Investment scams most often include:

A: Work a postal inspectors and law enforcement official.

B: Worthless investments or assets sold to unsuspecting investors.

C: An overcharge for purchased goods.

D: Nonpayment of invoices for goods purchased by customer.

  1. Investment scams most often include:

A: An action by top management against employees

B: Worthless investments or assets sold to unsuspecting investors

C: An overcharge for purchased goods.

D: Nonpayment of invoices for goods purchased by costumer

8.Which of the following is not true of civil fraud.

A: It usually begins when one party files of complaint.

B: The purpose is to compensate for harm done to another.

C: It must be heard by 12 jurors goods.

D: Only “The preponderance of the evidence“ is needed for the plaintiff to be successful.