GT_FAFI_Legal

The Indian Evidence Act 1872 is applicable to

• Only civil proceedings

• Only criminal proceedings

• Both civil and criminal proceedings

• Neither civil nor criminal proceedings

In the context of fraud investigation, what role does 'chain of custody' play?

• Ensuring financial stability
• Documenting evidence handling
• Reducing litigation time
• Enhancing corporate reputation

What is the main objective of the Information Technology Act 2000?

• To regulate online commerce
• To provide legal recognition for electronic transactions
• To control internet censorship
• To govern international data exchange

Which aspect is crucial in the employee selection process to prevent fraud?

• Offering higher salaries

• Conducting thorough background checks

• Prioritizing candidates with higher education

• Focusing on external candidates

A company finds unauthorized access to its digital records. Under which Indian law can it seek remedy?

• Companies Act 2013
• Indian Penal Code 1960
• Information Technology Act 2000
• Prevention of Money Laundering Act 2002

A fraud investigator needs to present digital evidence in court. Under which Act is digital evidence considered admissible in Indian courts?

• Indian Penal Code 1960
• Companies Act 2013
• Information Technology Act 2000
• Indian Evidence Act 1872

A company's internal audit uncovers that an employee has been siphoning funds. Under which Indian law could this be addressed as a criminal offense?

• Information Technology Act 2000
• Companies Act 2013
• Indian Penal Code 1960
• Prevention of Money Laundering Act 2002

In the context of fraud risk assessment, what is the significance of 'Monitoring Activities'

• To track employee performance
• To observe market trends
• To continuously oversee the effectiveness of fraud prevention measures
• To monitor competitor activities

What is the main purpose of implementing the 'Tone at the Top' in an organization?

• To set financial goals
• To establish a culture of ethical behavior
• To delegate tasks
• To streamline operations

What role does 'Increasing the Perception of Detection' play in fraud prevention?

• It deters potential fraudsters by heightening the risk of being caught
• It involves installing surveillance cameras
• It is about conducting external audits
• It focuses on punishing detected fraudsters