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Test Bank Fraud Accounting

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TEST BANK > CONTROL PANEL > POOL MANAGER > POOL CANVAS

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Add, modify, and remove questions. Select a question type from the Add Question drop-down list and click Go to add questions. Use Creation Settings to establish which default options, such as feedback and images, are available for question creation. Add Name Description Instructions
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Creation Settings Chapter 2--Why People Commit Fraud

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Question Which of the following is NOT a common rationalization of fraud perpetrators? Answer The organization owes me I'm only borrowing the money No one will get hurt I don’t deserve more. Add Question Here Multiple Choice 0 points
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Question Which of the following is NOT a primary control procedure to minimize the occurrence of fraud? Answer Dual custody Systems of authorization Internal audit department Documents and records Add Question Here Multiple Choice 0 points
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Question Each of the following is an example of an inadequate control environment EXCEPT: Answer The HR department failed to check an applicant's background and hired someone who had committed fraud in the past. A manager instructs employees not to share passwords, and then shares her passwords with others. A company does not establish codes of conduct and does not have training meetings to teach employees to distinguish between acceptable and unacceptable behavior. The employees know who has responsibility for each business activity. Add Question Here Multiple Choice 0 points
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Question A fraud perpetrator uses the float time between banks to give the impression that he had money in his accounts. Which crime is he committing? Answer Floating Strip Spinning Kiting Add Question Here Multiple Choice Question Which is following observations is TRUE? Answer Research shows

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