PREDATOR FRAUDSTER
1. Question 1
The most distinguishing difference between an accidental fraudster and a predator is which of the
following:
the predator seeks out opportunity to commit fraud.
Correct
Correct. In general, predator fraudsters have a criminal mindset and arrogance that leads them to
seek out fraud opportunities, whereas accidental fraudsters take opportunities that arise to them.
2. Question 2
Which of the following is NOT an attribute of the “predatory” fraud triangle.
Opportunity
Arrogance
Criminal mindset
Rationalization
Correct
Correct answer. The “predatory” fraud triangle includes opportunity, arrogance and criminal mindset.
3. Question 3
Which of the following is/are applicable to the “Predator”, but not the “Accidental” fraudster? Select
all that apply.
Pressure
Rationalization
,Arrogance
Correct
Pressure and Rationalization, part of the original fraud triangle, are relevant. They are replaced by
Arrogance and Criminal Mindset for the Predator.
Criminal Mindset
Correct
Pressure and Rationalization, part of the original fraud triangle, are relevant. They are replaced by
Arrogance and Criminal Mindset for the Predator.
4. Question 4
Which of the following statements is true about the Fraud Scale
It mirrors the fraud triangle with the exception of integrity being substituted for rationalization
5. Question 5
The difference between a predator fraudster and an accidental fraudster is:
The accidental fraudster does not seek opportunity; the predator fraudster does.
Correct
True. Accidental fraudsters do not seek out opportunity, but take advantage of an opportunity if it
presents itself. Predator fraudsters have a criminal mindset which persuades them to seek out fraud
opportunities.
6. Question 6
Based on a number of theories, people obey laws for all of the following reasons except:
, Due to a duty to act
7. Question 7
Which of the following is true concerning the fraud scale developed by Albrecht?
Personal integrity was added, and rationalization was deleted from the fraud triangle.
Correct
Correct. The three elements of the fraud triangle are opportunity, rationalization, and situational
pressure. Albrecht’s model includes both opportunity and situational pressure, but replaces
rationalization with personal integrity.
8. Question 8
Why are preventative controls preferred (if cost effective )?
They keep losses from occurring.
9. Question 9
With regard to segregation of duties, which of the following is not one of the four major functions
authorizing
correcting
Correct
Corrective controls are a major category of internal controls but not one of the major duty functions
to segregate. The major functions to segregate include: authorizing, executing, recording and
safeguarding.
recording
safeguarding
1. Question 1
The most distinguishing difference between an accidental fraudster and a predator is which of the
following:
the predator seeks out opportunity to commit fraud.
Correct
Correct. In general, predator fraudsters have a criminal mindset and arrogance that leads them to
seek out fraud opportunities, whereas accidental fraudsters take opportunities that arise to them.
2. Question 2
Which of the following is NOT an attribute of the “predatory” fraud triangle.
Opportunity
Arrogance
Criminal mindset
Rationalization
Correct
Correct answer. The “predatory” fraud triangle includes opportunity, arrogance and criminal mindset.
3. Question 3
Which of the following is/are applicable to the “Predator”, but not the “Accidental” fraudster? Select
all that apply.
Pressure
Rationalization
,Arrogance
Correct
Pressure and Rationalization, part of the original fraud triangle, are relevant. They are replaced by
Arrogance and Criminal Mindset for the Predator.
Criminal Mindset
Correct
Pressure and Rationalization, part of the original fraud triangle, are relevant. They are replaced by
Arrogance and Criminal Mindset for the Predator.
4. Question 4
Which of the following statements is true about the Fraud Scale
It mirrors the fraud triangle with the exception of integrity being substituted for rationalization
5. Question 5
The difference between a predator fraudster and an accidental fraudster is:
The accidental fraudster does not seek opportunity; the predator fraudster does.
Correct
True. Accidental fraudsters do not seek out opportunity, but take advantage of an opportunity if it
presents itself. Predator fraudsters have a criminal mindset which persuades them to seek out fraud
opportunities.
6. Question 6
Based on a number of theories, people obey laws for all of the following reasons except:
, Due to a duty to act
7. Question 7
Which of the following is true concerning the fraud scale developed by Albrecht?
Personal integrity was added, and rationalization was deleted from the fraud triangle.
Correct
Correct. The three elements of the fraud triangle are opportunity, rationalization, and situational
pressure. Albrecht’s model includes both opportunity and situational pressure, but replaces
rationalization with personal integrity.
8. Question 8
Why are preventative controls preferred (if cost effective )?
They keep losses from occurring.
9. Question 9
With regard to segregation of duties, which of the following is not one of the four major functions
authorizing
correcting
Correct
Corrective controls are a major category of internal controls but not one of the major duty functions
to segregate. The major functions to segregate include: authorizing, executing, recording and
safeguarding.
recording
safeguarding
