1. A bank fraudster was able to steal millions by diverting fractions of a cent during rounding computations of interest. This is an example of:

a. reversing transactions

b. altering cash counts or tapes

c. death by a thousand cuts

d. destroying records

2.

What is the most important activity in preventing larceny?

a	Preventing nonsharable financial problems
b	Segregation of cash duties from recording transactions
c	Duplicate records as a safeguard from destroyed records
d	Timely reconciliations of bank activity with company records

3.

Which of the following antifraud controls can help detect cash larceny from the deposit?

a	Create a summary deposit showing total dollar amount.
b	List out each individual check in a deposit.
c	Have the original copy of statement sent to another department after the first has reviewed it.
d	Compare bank deposit to average daily expected deposits.