1. Per the Fraud Tree, what are the three major categories of occupational fraud and abuse? A. corruption, asset misappropriation and financial statement fraud. B. opportunity, rationalization, and pressure. C. theft act, concealment, and conversion. D. theft of intellectual property, healthcare fraud, and consumer fraud. 2. Per the Fraud Examiners Manual, which of the following best describes liabilities? A. promises an entity has made in the general course of doing business B. legaly enforceable agreements to pay third parties. C. obligations of an entity or outsider's claims against a company's assets. D. all probable commitments to pay amounts in the future. 3. Per the Fraud Examiners Manual, what are the two conditions necessar for an item to qualify as an asset? A. the item must (1) paid for and (2) tangible. B. the item must (1) have a useful life of more than one year and (2) legally owned by the entity (i.e., the entity has title to the property). C. the item must (1) available for use and (2) legally owned by the entity D. the item must (1) be owned by the entity and (2) provide future benef 4. Per the Fraud Examiners Manual, which category of the Statement of Cash Flows is often considered the most important of the cash flow categories? A. cash flows from operating activities. B. cash flows from investing activities. C. cash flows from financing activities. D. increase (decrease) in the cash balance for the year. BA