Page: 1 – Multiple Choice
- Question (TCO A) Which statement is false?
- Question (TCO A) What would be a task of a litigation services practitioner?
- Question (TCO A) Which is not one of the three Ms of financial statement fraud?
- Question (TCO A) Which statement is false with respect to Howard M. Schilit’s financial shenanigans?
- Question (TCO A) COSO defines “internal controls” as a process, effected by an entity’s board of directors, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories except:
- Question (TCO A) What is an investigative technique used by the SEC to investigate specific companies for cooking the books?
- Question (TCO A) Which would be a preventive control?
- Question (TCO A) Which would be a corrective control?
- Question (TCO A) Which statement is false?
- Question (TCO A) Which of the following is a type of brainstorming?
- Question (TCO A) Implementing a code of ethics is a Sarbanes-Oxley requirement related to which component of the management process?
- Question (TCO A) Given these facts, compute inventory turnover:
- Question (TCO B) Skimming can be caught by:
- Question (TCO B) Which type of investigative technique works best at accumulating evidence to build a legal case against a financial fraudster?
- Question (TCO B) In the process of using the net worth method, you find that income of a person is $92,000 and overall expenses are $61,000. Calculated net worth is $611,000 and computed net worth is $430,000. Any unexplained net worth income or (decrease) would be:
- Question (TCO B) Which statement is false?
- Question (TCO B) Which would not be a procurement fraud scheme?
- Question (TCO B) Which would not be a procurement fraud scheme?
- Question (TCO B) In computing income under the net worth method, the following facts are found:
- Question (TCO B) The purpose of money laundering is to:
- Question (TCO B) To avoid detection by law enforcement authorities, money launderers will only send a maximum money transfer that is:
- Question (TCO B) Which one of the following is the easiest to falsify?
- Question (TCO B) Many times auditors do not believe they should report possible money laundering activities that they find in their audits because:
- Question (TCO C) Which is not one of the Daubert factors?
- Question (TCO C) Which is not a Daubert factor?
- Question (TCO C) Which statement about witness immunity is false?
- Question (TCO C) Which of the following is not an example of demonstrative evidence?
- Question (TCO C) Which item would not be demonstrative evidence?
- Question (TCO C) Which is an inductive approach?
- Question (TCO C) Benford analysis is not useful in which of the following situations?
Page: 2 – Essay
- Question (TCO C) What guidelines should forensic auditors follow when examining computer evidence?
- Question (TCO A) What are the three Ms of financial reporting fraud?
- Question (TCO B) Name some of the techniques that can be used by money launderers to break the audit trail.