Certified Fraud Examiner v5.0

A journal in which all sales made on credit or cash are listed is:

____________ is a process by which a bookkeeper records all transactions and can adjust the books.

The forms that allow noncash assets to be moved from one location in a company to another can be used to facilitate the misappropriation of those assets are called:

___________ allows the fraud examiner to inspect key attributes on a smaller portion (or sample) of those documents.

_________ is defined as a person who works for the victim organization and who is primary culprit

False billing scheme states that:

___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.

__________ may be defined as the offering, giving, receiving or soliciting anything of value to influence an official act.

When a victim company purchases unnecessary goods or services from a supplier at the direction of the corrupt employee, this results in:

Which are check tempering frauds in which an employee prepares a fraudulent check and submits it usually along with legitimate checks to an authorized maker who signs it without a proper review?

Which of the following is true for Red flags associated with fictitious revenues?

Bank statement are diligently reviewed to ensure that amounts and signature have not been altered, is an activity for:

Asset misappropriations have an effect on the liabilities and do also have an indirect effect on the equity account.

A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person: