ACCT 307 CH 5 COMPUTER FRAUD EXAM QUESTIONS
AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
Threats to AIS
Natural and Political Disasters
Software errors and equipment malfunctions
Unintentional acts
Intentional Acts
Fraud
Any means a person uses to gain an unfair advantage over another person;
includes:
-A false statement, representation, or disclosure
-A material fact, which induces a victim to act
-An intent to deceive
Victim relied on the misrepresentation
-Injury or loss was suffered by the victim
Computer Fraud
If a computer is used to commit fraud it is called computer fraud.
, Input
Processor
Computer instruction
Data
Output
Conditions for Fraud
Fraud Triangles
1. Pressure
-Employee
----Financial
----Lifestyle
----Emotional
-Financial Statement
----Financial
----Management
----Industry conditions
2. Opportunity to:
-Commit
-Conceal
-Convert to personal gain
3. Rationalize
-Justify behavior
AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED
Threats to AIS
Natural and Political Disasters
Software errors and equipment malfunctions
Unintentional acts
Intentional Acts
Fraud
Any means a person uses to gain an unfair advantage over another person;
includes:
-A false statement, representation, or disclosure
-A material fact, which induces a victim to act
-An intent to deceive
Victim relied on the misrepresentation
-Injury or loss was suffered by the victim
Computer Fraud
If a computer is used to commit fraud it is called computer fraud.
, Input
Processor
Computer instruction
Data
Output
Conditions for Fraud
Fraud Triangles
1. Pressure
-Employee
----Financial
----Lifestyle
----Emotional
-Financial Statement
----Financial
----Management
----Industry conditions
2. Opportunity to:
-Commit
-Conceal
-Convert to personal gain
3. Rationalize
-Justify behavior
