FRAUD INVESTIGATION FINAL QUIZ 1

Johan gets the position as a manager after his father met with the CEO of Company Jatidiri Sdn Bhd. His father is one of the ministers in the country. This situation is known as?

• Bribery

• Illegal gratuities

• Economic extortion

• Conflict of interest

Ms. Kaysha has a high monthly commitment; her salary is insufficient to cater to her obligations. On top of that, she needs quite a lot of money to pay for her critically ill son. Please suggest the type of elements in the fraud triangle that fit her.

• Pressure

• Rationalization

• Opportunity

• Prevention

Which of the following is NOT a term in fraud triangle?

• Rationalization

• Opportunity

• Pressure

• Thinking

• Undisclosed payments made by vendors to employees of purchasing companies

• Negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered.

The statements above refer to which type of fraud?

• Bid rigging

• Kickback

• Skimming

• Larceny

1. I. Ruining the reputation of a business. 

2. II. Losses in the company

3. III. Increase the company's profit

4. IV. Forcing the company to go out of business

Choose the CORRECT effects of asset misappropriation on the bank account

• I, II, III

• I, III, IV

• II, III, IV

• I, II, IV

Mr. Hayder is the manager of a big import-export company in Orlando. He receives an e-cheque from one of his customer’s companies. From the situation above, analyze the disadvantages of this type of check.

• Required more processing days

• Instant transfer across the country

• The options for verification of the cheque are limited

• Less time consuming

Based on the situation above, suggest the type of forgery committed by Mrs. Kennedy.

• Intercepted cheques

• Forged endorsement

• Forged maker schemes

• Altered payee scheme

The following are the symptoms of fraud, EXCEPT:

• Normal behavior

• Extravagant lifestyle

• Tips and complaints

• Internal Control Weakness

Which of the below is the effect of the register disbursements scheme?

• Gain reputation

• Increase of manpower

• Shortage of goods and products

• Increase in profit

Which of the following is TRUE regarding ordinary conspiracy?

• Involves willing cooperation of two or more people intent to commit fraud

• Never aware that they are a party to fraud

• One or more of the people cooperating in the scheme is innocent

• Involves only one person