
Financial Manipulation
Quiz
•
Financial Education
•
12th Grade
•
Practice Problem
•
Medium
Shazlina Abdul Jalil
Used 5+ times
FREE Resource
Enhance your content in a minute
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common tax evasion scheme involving underreporting income?
Claiming personal expenses as business expenses
Overstating deductions in pnl statement
Not reporting cash payments received
Failing to report investment income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can creative accounting practices manipulate financial statements?
By conducting thorough audits periodically
By inflating revenues, and deflating expenses
By accurately reporting financial data
By following strict accounting standards
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some methods used for money laundering?
Donating to approved charity
Burying in the backyard
Hiding under the mattress
Structuring, smurfing, trade-based laundering
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is fraudulent financial reporting and how is it done?
This can be achieved through methods like inflating revenues, understating expenses, manipulating reserves, or falsifying transactions.
Fraudulent financial reporting is unintentional misrepresentation of financial data
Fraudulent financial reporting involves accurate representation of financial statements
Fraudulent financial reporting is a legal practice in business to ensure figures are justified accordingly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain how bribery can be used for financial manipulation.
Bribery can improve the ethical standards of a company.
Bribery can influence decision-makers to act in a way that benefits the briber financially
Bribery can lead to increased transparency in financial transactions.
Bribery can result in fair competition among businesses.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is embezzlement and how does it impact financial stability?
Embezzlement is a victimless crime.
Embezzlement has no impact on financial stability.
Embezzlement is a legal way to increase profits.
Embezzlement is the act of dishonestly withholding assets for the purpose of theft.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can companies prevent fraudulent financial reporting?
Implementing strong internal controls, and conducting regular audits,
Hiring qualified but inexperienced employees
Ignoring financial data altogether. proceed with what the system shows
Providing incentives for fraudulent behavior
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
Money Matters Ch2 Review
Quiz
•
9th - 12th Grade
10 questions
Building an Emergency Fund Questions
Quiz
•
12th Grade
10 questions
Investing Bell Ringer 6-7
Quiz
•
12th Grade
11 questions
Auto Insurance Quiz
Quiz
•
9th - 12th Grade
13 questions
Insurance Knowledge Assessment
Quiz
•
9th - 12th Grade
13 questions
Global Trade and Inequalities in Trade
Quiz
•
12th Grade
8 questions
Managing Credit Bell Ringer 2
Quiz
•
12th Grade
6 questions
Budgeting Vocabulary (NGPF)
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Financial Education
20 questions
-AR -ER -IR present tense
Quiz
•
10th - 12th Grade
15 questions
Making Inferences
Quiz
•
7th - 12th Grade
12 questions
Add and Subtract Polynomials
Quiz
•
9th - 12th Grade
7 questions
How James Brown Invented Funk
Interactive video
•
10th Grade - University
15 questions
Atomic Habits: Career Habits
Lesson
•
9th - 12th Grade
20 questions
Banking
Quiz
•
9th - 12th Grade
15 questions
Exponential Growth and Decay Word Problems Practice
Quiz
•
9th - 12th Grade
18 questions
AP Bio Insta-Review Topic 6.1*: DNA & RNA Structure
Quiz
•
9th - 12th Grade
