1) A(n) ________ is considered by most professionals to be the cornerstone of an
employee reporting program.
M.hotline
N.audit
O.conflict of interest policy
P.external review
2) The SarbanesOxley Act (SOX) of 2002 is aimed at accounting staffs, auditing firms,
corporate governance, executive management (CEOs and CFOs), officers, and
directors.
3) Which of the following is NOT a step to reduce financial statement fraud?
Q.Establish effective board oversight of the tone at the top created by management
R.Avoid setting unachievable or unreasonable financial goals
S.Eliminate all bonus systems bases on financial performance
T.Avoid applying excessive pressure on employees to achieve goals
4) Which step does NOT improve the quality of the interview during the
information-gathering phase?
E.Repeat or rephrase questions, if necessary, to get at the faces
F.Give the person an opportunity to qualify his or her answers
G.Try to help the respondent remember, and suggest answers
H.Separate facts from inferences
5) What computer functions can make recovering deleted files more difficult?
6) What role do fraud examination and financial forensic skills have in the corporate
governance area?
7) What is a deposition and why is it used?
8) How do electronic versus paper evidence vary in the protections needed to prove
chain of custody?