Chapter 5

Which of the following fraudulent acts generally takes most time and effort?

Which of the following is the best way to hide theft of assets?

Identify the threat below that is not one of the four types of threats faced by accounting information systems.

Misappropriation of assets is a fraudulent act that involves

This component of the fraud triangle explains how perpetrators justify their (illegal) behavior.

What is the most prevalent opportunity within most companies to commit fraud?

In many cases of fraud, the ________ takes more time and effort than the ________.

Insiders are frequently the ones who commit fraud because

Which situation below makes it easy for someone to commit a fraud?

Identify the opportunity below that could enable an employee to commit fraud.

Why is computer fraud often more difficult to detect than other types of fraud?

Intentional or reckless conduct that results in materially misleading financial statements is called

On Tuesday morning, Chen Lee, Chief Information Officer at American Trading Corporation (ATC), got some bad news. The hard drive use to store system data backups was lost while it was being transported to an offsite storage location. Chen called a meeting of her technical staff to discuss the implications of the loss. Which of the following is most likely to relieve her concerns over the potential cost of the loss?

Logic errors are an example of which type of threat?

Which of the following is not an example of the fraud triangle characteristic concerned with rationalization?

How does the U.S. Justice Department define computer fraud?

What agency did the United States create to use cyber weapons and to defend against cyber attacks?

________ is a simple, yet effective, method for catching or preventing many types of employee fraud.

Which characteristic of the fraud triangle often stems from a lack of internal controls within an organization?

Lapping is best described as the process of

The fraud that requires the least computer knowledge or skill involves

Most frauds are detected by

Downloading a master list of customers and selling it to a competitor is an example of

Excessive heat is an example of a(n) ________ threat.

Seble wants to open a floral shop in a downtown business district. She doesn't have funds enough to purchase inventory and pay six months'' rent up front. Seble approaches a good friend, Zhou, to discuss the possibility of Zhou investing funds and becoming a 25% partner in the business. After a lengthy discussion Zhou agrees to invest. Eight months later, Zhou and Seble have a major argument. In order for Zhou to sue Seble for fraud, all the following must be true except

A power outage is an example of a(n) ________ threat.

Which of the following is not a way to make fraud less likely to occur?

Researchers have compared the psychological and demographic characteristics of white-collar criminals, violent criminals, and the general public. They found that

Perpetrators do not typically

All of the following are required for an act to be legally classified as fraudulent except

The simplest and most common way to commit a computer fraud is to

Which of the following is a financial pressure that could cause an employee to commit fraud?

"Cooking the books" is typically accomplished by all the following except

Why do many fraud cases go unreported and unprosecuted?

What was the first known cyber-attack intended to harm a real-world physical target?

Which of the following is not a way to improve fraud detection?

Which of the following is not a management characteristic that increases pressure to commit fraudulent financial reporting?

Which of the following is least likely to result in computer fraud?

The most efficient way to conceal asset misappropriation is to

Which type of threat causes the greatest dollar losses?

Which of the following is not a way to reduce fraud losses?

Which fraud scheme involves stealing customer receipts and applying subsequent customer cash payments to cover the theft?

Explain the threats faced by modern information systems.

SAS No. 99 requires that auditors

Why is computer fraud often much more difficult to detect than other types of fraud?

Which of the following is not an example of one of the basic types of fraud?

One fraudulent scheme covers up a theft by creating cash through the transfer of money between banks. This is known as

Which of the following is the greatest risk to information systems and causes the greatest dollar losses?

Which of the following will not reduce the likelihood of an occurrence of fraud?