stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Chapter 2 - Why People Commit Fraud Flashcards | StudBud
Explore
/
Chapter 2 - Why People Commit Fraud
Chapter 2 - Why People Commit Fraud
17 terms
·
StudBud Administration
·
60 plays
Imported from external platform
Flashcards
17 cards
F
Practice quiz
P
Host live
L
Questions
17
Answers
1
Who generally has the highest risk of becoming a fraud victim?
College students.
None of the above.
Businessperson.
Older, less educated people.
2
Fraud opportunity involves:
All of the above.
Opportunity to conceal fraud.
Opportunity to avoid being punished for fraud.
Opportunity to commit fraud.
3
Which of the following is not a primary control activity?
Decreasing work-related pressure.
Physical safeguards.
Independent checks.
Use of documents and records to create an audit trail.
4
How frequently do most people rationalize?
Never.
Sometimes.
Often.
Rarely.
5
If pressures and opportunities are high and personal integrity is low, the chance of fraud is:
High.
Low.
Very low.
Medium.
6
Which of the following non-control factors provides opportunities for fraud?
Lack of an audit trail.
Failure to discipline fraud perpetrators.
Lack of access to, or asymmetrical, information.
All of the above provide opportunities for fraud.
Inability to judge the quality of performance.
7
Which of the following is not an element of most frauds?
Taking the assets.
Breaking and entering.
Conversion.
Concealment.
8
Which of the following is not an internal control activity (procedure)?
Appropriate hiring procedures.
System of authorizations.
Documents and records.
Independent checks.
9
It is the 1 and 2 of existing controls, not the 3 of controls, that allows most frauds to be perpetrated.
Lack, ignoring, existence.
Existence, use, lack.
Overriding, ignoring, lack.
Overriding, lack, use.
10
Which of the following is not one of the three elements of the fraud triangle?
Rationalization.
Perceived pressure.
Intelligence.
Perceived opportunity.
11
Which of the following is a common perceived pressure?
The ability to outsmart others.
The ability to “borrow” money by committing fraud.
A financial need.
Opportunity to cheat others.
12
Which of the following is an example of referent power?
Your teacher asks you to do an assignment.
Your friend asks you to do a special favor for him or her.
The offer of a job promotion.
Fear that you may lose your job.
13
Which of the following is probably the least common type of fraud pressure?
Work-related pressures.
Vices.
Pressure to outsmart peers.
Financial pressures.
14
Which of the following kinds of pressure is most often associated with fraud?
Work-related pressures.
Vice pressures.
None of the above.
Financial pressures.
15
Which of the following is not a common vice that motivates people to commit fraud?
Expensive extramarital relationships.
Alcohol.
Drugs.
All of the above are vices that motivate people to commit fraud.
Gambling.
16
Fraud perpetrators:
Are none of the above.
Are usually very young.
Look like other criminals.
Have profiles that look like most honest people.
17
Which of the following is not one of the three elements of the control system of an organization?
The control environment.
Management.
Control activities or procedures.
The accounting system.
