Which mediation style doesn’t the mediator express opinions with respect to the facts of
the case or the reasonableness of the participants’ negotiating positions?
a.Facilitative.
b.Evaluative.
c.Participative.
d.Arbitrational.
Under the Market approach, what are assets valued at?
Describe how the fraud schemes of basic sales skimming and advanced sales skimming
work.
What does a Gap Analysis focus on?
a.The uncovered security area between a companies firewall and their internet service
providers security programs.
b.Identifying needed controls that are not already in place.
c.The background investigations of employees.
d.All of the above.
The most important element in detecting and catching employee fraud is:
a.audit trail
b.chain of custody.
c.authorization and approval.
d.physical security and monitoring.
Which of the following will NOT explain a change in net worth?
a.Inflation
b. Income
c. Liabilities
d. Inheritances
Whom should the investigator interview first?
a. The persons farthest away from the fraud.
b. The person(s) suspected of the fraud.
c. As schedules permit.
d. In alphabetical order.
Describe what Suspicious Activity Reports must be filed for.
Who administers the SEC?
a.5 appointed officials from the IRS.
b.5 presidentially-appointed commissioners who serve staggered 5-year terms.
c.The justices of the 11 Federal Circuit Courts.
d.The board of directors from both the Dow Jones and NASDAQ markets.
When are communications considered privileged?
What does the model ADR = AAR/(IR x CR) represent?
Which of the following is NOT a key element to internal auditing?
a.Independence.
b.Predictability.
c.Objectives.
d.Systematic.
If management decides to use an inventory method that will provide them with a higher
net income, this is an example of:
a.Legitimate discretion.
b.Financial statement fraud.
c.Manipulation.
d.Aggressive accounting techniques.
Explain what restrictions on transferability are and how they might effect business
valuation.
What kinds of innocent errors can taxpayers make and not be liable for the civil fraud
penalty?
Provide at least three examples of both private and public databases.
What nationality are all “made-men’?
a.Greek.
b.Italian.
c.French.
d.American.
What are fraudulent credit approvals for accounts receivables and how can they be
prevented?