
PM 1208 Chapter 11
Authored by KODIMALAR A/P JEYABALAN
Social Studies
University
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q1. Which of the following is NOT a common symptom of fraud?
A) Unusual transactions
B) Strong internal controls
C) Inconsistent financial records
D) Unexplained wealth or lifestyle changes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q2. A sudden and significant increase in an employee’s wealth, without any reasonable source of income, is a symptom of fraud known as:
A) Financial discrepancy
B) Unusual transaction
C) Unexplained wealth or lifestyle changes
D) Accounting manipulation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q3. An organization that lacks internal control mechanisms is more prone to:
A) Fraudulent activities
B) Cost efficiency
C) Increased revenues
D) Higher profit margins
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q4. If a procurement officer awards contracts to a vendor owned by a close relative without disclosure, this is an example of:
A) Financial statement fraud
B) Payroll fraud
C) Tax evasion
D) Conflict of interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q5. The purpose of a "Should Cost" analysis is to:
A) Overstate product costs to increase prices
B) Estimate the fair and reasonable cost of a product or service
C) Determine the selling price of competitors’ products
D) Reduce only labor costs in an organization
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q6. A company estimates the cost of a machine based on materials, labor, overhead, and reasonable profit margins. This process is called:
A) Should Cost Analysis
B) Price gouging
C) Demand forecasting
D) Cost-plus pricing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Q7. Cost variance is calculated as:
A) Actual Cost - Planned Cost
B) Planned Cost × Actual Cost
C) Actual Cost ÷ Planned Cost
D) Planned Cost - Actual Cost
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
11 questions
Ética Personal
Quiz
•
University
10 questions
Evaluación de Recursos Educativos
Quiz
•
University
14 questions
StoryCorps
Quiz
•
University
15 questions
Rendészeti hatósági eljárás 1. Alapelvek - hatály.
Quiz
•
University
10 questions
Pop Quiz
Quiz
•
University
14 questions
LOS IMPUESTOS EN LA COLONIA
Quiz
•
University
10 questions
Financial Crisis
Quiz
•
University
15 questions
Minigame
Quiz
•
University
Popular Resources on Wayground
8 questions
2 Step Word Problems
Quiz
•
KG - University
20 questions
Comparing Fractions
Quiz
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Latin Bases claus(clois,clos, clud, clus) and ped
Quiz
•
6th - 8th Grade
22 questions
fractions
Quiz
•
3rd Grade
7 questions
The Story of Books
Quiz
•
6th - 8th Grade