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NYC Associate Fraud Investigator Exam Questions
with Correct Verified Answers and explanations
LATEST THIS YEAR -JUST RELEASED.pdf||NEWEST
EXAM!!
Which of the following is not a theft investigation method?
a) invigilation
b) honesty testing
c) seizing and searching computers
d) surveillance and covert operations - Answer-b) honesty
testing
When deciding whether or not to investigate, which of the
following factors should an organization not consider?
a) possible cost of the investigation
b) perceived strength of the predication
c) possible public exposure resulting because of the
investigation
d) all of the above - Answer-d) all of the above should be
considered
Surveillance, when properly perform, is always done:
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a) without the perpetrator's knowledge
b) during nonworking hours
c) only by law enforcement agents
d) none - Answer-a) without the perpetrator's knowledge
Which of the following is not included in vulnerability
chart?
a) explanations of the fraud triangle in relation to suspects
of fraud
b) breakdowns in key internal controls that may have
created fraud opportunities
c) internal controls that a company plans to institute in the
future
d) theft act investigation methods - Answer-c) internal
controls that a company plans to institute in the future
A vulnerability chart:
a) forces investigators to explicitly consider all aspects of
fraud
b) shows the history of fraud in a company
c) identifies weaknesses in every aspect of a company's
internal control
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d) gives a detailed record of all the movements and
activities of the suspect - Answer-a) forces investigators to
explicitly consider all aspects of fraud
Fixed point, or stationary observations can be conducted
by:
a) certified fraud examiners
b) company personnel
c) private investigators
d) anyone, if conducted properly - Answer-d) anyone, if
conducted properly
Surveillance logs should include all of the following except:
a) time the observation began and ended
b) cost of the surveillance equipment used
c) movements and activities of the suspect
d) distance the observation was from the scene - Answer-
b) cost of the surveillance equipment used
Wiretapping, a form of electronic surveillance, can usually
be legally used by:
a) internal auditors
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b) controllers
c) CPA
d) all of the above
e) none of the above - Answer-e) none
Which of the following is not a category used in the fraud
triangle plus inquiry paradigm?
a) theft investigative techniques
b) concealment investigative techniques
c) action investigative techniques
d) conversion investigative techniques - Answer-c) action
investigative techniques
When beginning an investigation, it is important that fraud
examiners use techniques that will:
a) not arouse suspicion
b) identify the perpetrator
c) determine the amount of the fraud
d) identify when the fraud occurred - Answer-a) not arouse
suspicion
NYC Associate Fraud Investigator Exam Questions
with Correct Verified Answers and explanations
LATEST THIS YEAR -JUST RELEASED.pdf||NEWEST
EXAM!!
Which of the following is not a theft investigation method?
a) invigilation
b) honesty testing
c) seizing and searching computers
d) surveillance and covert operations - Answer-b) honesty
testing
When deciding whether or not to investigate, which of the
following factors should an organization not consider?
a) possible cost of the investigation
b) perceived strength of the predication
c) possible public exposure resulting because of the
investigation
d) all of the above - Answer-d) all of the above should be
considered
Surveillance, when properly perform, is always done:
,2|Page
a) without the perpetrator's knowledge
b) during nonworking hours
c) only by law enforcement agents
d) none - Answer-a) without the perpetrator's knowledge
Which of the following is not included in vulnerability
chart?
a) explanations of the fraud triangle in relation to suspects
of fraud
b) breakdowns in key internal controls that may have
created fraud opportunities
c) internal controls that a company plans to institute in the
future
d) theft act investigation methods - Answer-c) internal
controls that a company plans to institute in the future
A vulnerability chart:
a) forces investigators to explicitly consider all aspects of
fraud
b) shows the history of fraud in a company
c) identifies weaknesses in every aspect of a company's
internal control
,3|Page
d) gives a detailed record of all the movements and
activities of the suspect - Answer-a) forces investigators to
explicitly consider all aspects of fraud
Fixed point, or stationary observations can be conducted
by:
a) certified fraud examiners
b) company personnel
c) private investigators
d) anyone, if conducted properly - Answer-d) anyone, if
conducted properly
Surveillance logs should include all of the following except:
a) time the observation began and ended
b) cost of the surveillance equipment used
c) movements and activities of the suspect
d) distance the observation was from the scene - Answer-
b) cost of the surveillance equipment used
Wiretapping, a form of electronic surveillance, can usually
be legally used by:
a) internal auditors
, 4|Page
b) controllers
c) CPA
d) all of the above
e) none of the above - Answer-e) none
Which of the following is not a category used in the fraud
triangle plus inquiry paradigm?
a) theft investigative techniques
b) concealment investigative techniques
c) action investigative techniques
d) conversion investigative techniques - Answer-c) action
investigative techniques
When beginning an investigation, it is important that fraud
examiners use techniques that will:
a) not arouse suspicion
b) identify the perpetrator
c) determine the amount of the fraud
d) identify when the fraud occurred - Answer-a) not arouse
suspicion
