Test bank project for Forensic Accounting and Fraud Examination (2nd Ed.) by Mary-Jo Kranacher and Dick Riley
Test bank written by Brian L. Carpenter, PhD, CFE ∙ (989) 205-4182 ∙
ACCT 515- Question and answer Forensic
Accounting and Fraud Examination
School:AP Physics 1: Algebra-Based (ASU Preparatory Academy
Digital)
CHAPTER 2
Module 1
1. A number of theories about why the vast majority of people do not commit crime have
been set forth over time. Which of the following is NOT one of the reasons cited in
the text?
A. Social conditioning/parental upbringing
B. Fear of punishment
C. To act in a just and moral manner according to society’s standards
D. Desire for rewards
2. The term occupational fraud and abuse is defined as:
A. The use of one’s occupation for status enrichment through misuse or
misapplication of the employing organization’s resources or assets.
B. The use of one’s occupation for personal enrichment through the
unintentional misuse or misapplication of the employing organization’s
resources or assets.
C. The use of one’s occupation for personal enrichment through the deliberate
misuse or misapplication of a different organization’s resources or assets.
D. The use of one’s occupation for personal enrichment through the deliberate
misuse or misapplication of the employing organization’s resources or assets.
3. Four common elements to occupational fraud and abuse schemes were first identified
by ACFE in its 1996 Report to the Nation on Occupational Fraud and Abuse. Which of
the following does not contain all four elements?
A. The activity is clandestine, violates the employee’s fiduciary duties to the
, Test bank project for Forensic Accounting and Fraud Examination (2nd Ed.) by Mary-Jo Kranacher and Dick Riley
Test bank written by Brian L. Carpenter, PhD, CFE ∙ (989) 205-4182 ∙
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, may or may not result in costs to the employing organization’s
assets, revenues, or reserves.
B. The activity is clandestine, violates the employee’s fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and is a violation of state and/or federal law(s).
C. The activity is clandestine, violates the employee’s fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and costs the employing organization assets, revenues, or
reserves.
D. The activity is clandestine, violates the employee’s non-fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and costs the employing organization assets, revenues, or
reserves.
4. The term white-collar crime was coined by in 1939, when he provided
the following definition: crime in the upper, white-collar class, which is composed of
respectable or at least respected, business and professional men.
A. Steve Albrecht
B. Edwin H. Sutherland
1 of 7
Test bank written by Brian L. Carpenter, PhD, CFE ∙ (989) 205-4182 ∙
ACCT 515- Question and answer Forensic
Accounting and Fraud Examination
School:AP Physics 1: Algebra-Based (ASU Preparatory Academy
Digital)
CHAPTER 2
Module 1
1. A number of theories about why the vast majority of people do not commit crime have
been set forth over time. Which of the following is NOT one of the reasons cited in
the text?
A. Social conditioning/parental upbringing
B. Fear of punishment
C. To act in a just and moral manner according to society’s standards
D. Desire for rewards
2. The term occupational fraud and abuse is defined as:
A. The use of one’s occupation for status enrichment through misuse or
misapplication of the employing organization’s resources or assets.
B. The use of one’s occupation for personal enrichment through the
unintentional misuse or misapplication of the employing organization’s
resources or assets.
C. The use of one’s occupation for personal enrichment through the deliberate
misuse or misapplication of a different organization’s resources or assets.
D. The use of one’s occupation for personal enrichment through the deliberate
misuse or misapplication of the employing organization’s resources or assets.
3. Four common elements to occupational fraud and abuse schemes were first identified
by ACFE in its 1996 Report to the Nation on Occupational Fraud and Abuse. Which of
the following does not contain all four elements?
A. The activity is clandestine, violates the employee’s fiduciary duties to the
, Test bank project for Forensic Accounting and Fraud Examination (2nd Ed.) by Mary-Jo Kranacher and Dick Riley
Test bank written by Brian L. Carpenter, PhD, CFE ∙ (989) 205-4182 ∙
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, may or may not result in costs to the employing organization’s
assets, revenues, or reserves.
B. The activity is clandestine, violates the employee’s fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and is a violation of state and/or federal law(s).
C. The activity is clandestine, violates the employee’s fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and costs the employing organization assets, revenues, or
reserves.
D. The activity is clandestine, violates the employee’s non-fiduciary duties to the
organization, is committed for the purpose of direct or indirect financial benefit
to the employee, and costs the employing organization assets, revenues, or
reserves.
4. The term white-collar crime was coined by in 1939, when he provided
the following definition: crime in the upper, white-collar class, which is composed of
respectable or at least respected, business and professional men.
A. Steve Albrecht
B. Edwin H. Sutherland
1 of 7
