1) A murderer is condemned to death. He has to choose between three rooms. The first
is full of raging fires, the second is full of assassins with loaded guns, and the third is
full of lions that havent eaten in three years. Which room is safest for him?
2) Perceived opportunity is necessary so that the perpetrator of a fraud can make his
illegal behavior intelligible to him and maintain his concept of himself as a trusted
person.
3) Due to a greater degree of oversight and audits, frauds in not-for-profit organizations
generally do not last as long as those in the private sector and usually result in less lost
values.
4) How may improper asset valuation inflate the current ratio?
5) Which of the following methods is not commonly used to conceal larceny that
occurred at the point of sale?
I.Thefts from other register
J.Reversing transactions
K.Substituting phone check for the stolen money
L.Altering cash accounts