1) Classify the following as to whether it involves authorization, recording, or custody:
1>Vouching expenses and invoices
2>Payment generation
3>Check signing
4>Check distribution
5>Purchasing
6>Adding a vendor to the master file
7>Approving a new vendor
8>Changing vendor addresses
9>Timekeeping
10>Payroll generation
11>Paycheck distribution
2) Which of the following is NOT a step in the admission-seeking interview
(interrogation)?
D.Accuse the subject of committing the offense
E.Observe-reaction
F.Assure confidentiality to the suspect
G.Interrupt denials
3) One of the best ways to ruin an investigation, fail to gain a conviction, or lose a civil
case is to base investigative conclusions on logic and conjecture.
4) Predication requires hard evidence before it is said to exist.
5) The Institute of Internal Auditors Financial Forensics Institute (FFI) was established
in partnership with some of the nations top authorities in forensic accounting, law,
economics, valuation theory, expert witnessing, and support fundamentals to offer
practitioners comprehensive training in all facets of forensic financial consulting.
6) Katie Cutie transfers assets to a living trust. This is a method of hiding assets.
7) Why are manhole covers round?
8) Wiping a computer is a form of alteration.
9) Identify ethical issues, conflicts of interest, and noncompliance with corporate
policies and procedures in the Enron case.
10) What are the benefits of strong interviewing and interrogation skills?