WorksheetsFAFD2
Total questions: 25
Worksheet time: 13mins
Name
Class
Date
1.
A question which requires a yes/ no answers is known as
a)
Open ended
b)
Closed ended
c)
Leading
d)
All of the above
2.
A type of question wherein the Interviewer provides an answer within the question is know as:
a)
Open ended
b)
Closed ended
c)
Leading
d)
All of the above
3.
An act of unintentional mistake is known a
a)
Fraud
b)
Deception
c)
Error
d)
Forgery
4.
An entity running on an auto pilot mode can be perceived as __________ by a fraudster.
a)
Rationalisation
b)
Opportunity
c)
Pressure
d)
None of the above
5.
Examples of few simple forensic audit tests are
a)
Test of absurdity
b)
Test of impossibility
c)
Juxtaposition test
d)
All of the above
6.
Excessive competition in the market leads to
a)
Rationalisation
b)
Opportunity
c)
Pressure
d)
None of the above
7.
Existence of orphan funds comes under _________ component of a fraud triangle
a)
Rationalisation
b)
Opportunity
c)
Pressure
d)
None of the above
8.
Areas which are difficult to corroborate is perceived as _____________ by a fraudster
a)
Pressure
b)
Opportunity
c)
Rationalisation
d)
Threat
9.
Good traits of a forensic auditor are:
a)
Maintaining professional skepticism
b)
Being a good observer
c)
Using multiple cues to analyse any area
d)
All of the above
10.
If a company wishes to improve detection methods, they should do all of the following except:
a)
Use forensic accountants
b)
Conduct frequent audits
c)
Conduct surprise checks
d)
All of the above improve detection of fraud
11.
In cases where the interviewee in constantly denying the charges against him,
a)
Detain him in a room
b)
Present partial evidences
c)
Make a direct accusation
d)
None of the above.
12.
Lack of rotation of duties will come under ____________ component of a fraud triangle
a)
Rationalisation
b)
Opportunity
c)
Pressure
d)
None of the above
13.
question which requires a narrative response is known as
a)
Open ended
b)
Closed ended
c)
Leading
d)
All of the above
14.
Satyam case was filled with
a)
Ghost employees
b)
Fake sales
c)
Inflated Cash & bank balances
d)
All of the above
15.
The most cost effective way to minimize the cost of fraud is:
a)
Prevention
b)
Detection
c)
Investigation
d)
Prosecution
16.
Unusually close association with a vendor or customer will be
a)
Accounting system red flags
b)
Financial performance red flags
c)
Behavioural red flags
d)
Structural red flags
17.
Things to be avoided during an interview include:
a)
Threatening
b)
Detaining the person
c)
Negotiating
d)
All of the above
18.
Types of questions that could be asked in an interview could be
a)
Open ended
b)
Closed ended
c)
Leading
d)
All of the above
19.
While conducting a an interview, the interviewer analyses:
a)
Verbal clues
b)
Non verbal clues
c)
Both a & b
d)
None of the above
20.
Unwillingness to share duties will be
a)
Accounting system red flags
b)
Financial performance red flags
c)
Behavioural red flags
d)
Structural red flags
21.
While conducting an interview, as a general rule,
a)
One person should be interviewed at a time
b)
Two persons should be interviewed at a time
c)
Three persons should be interviewed at a time
d)
None of the above.
22.
Which of the follwing doesn't come under rationalization component of fraud triangle?
a)
Everyone else is doing it
b)
The organization can afford it
c)
My family needed this
d)
I was used and needed revenge
23.
You logged to your gmail account from your friend's laptop. The system will mark this login as
a)
Green Flag
b)
Red Flag
c)
Yellow Flag
d)
Amber Flag
24.
There are many topside journal entries in the books of Satya Enterprises, this is a
a)
Red Flag
b)
White Flag
c)
Yellow Flag
d)
Green Flag
25.
Vandana needed money to buy an expensive gift for her child, as she was an authorized signatory in the organization, she released a cheque in her own name, this will be
a)
Forged endorsement schemes
b)
Forged maker schemes
c)
Authorized maker schemes
d)
Altered payee schemes
100 %
