1.) You work in the fraud prevention department of a large bank and have just received an anonymous tip that the CFO is embezzling assets from the bank. You interview several bank employees, who report no unusual behavior in the CFO and no changes in his lifestyle. However, one employee did state that the CFO has gone on a number of European cruises. You look into the CFOs financial information and find there is a minimal amount of unknown income. What should you do next? (Points : 2)

Interview the CFO to obtain more information

Determine the cost of the European cruises

Contact his family and friends for clues

Close the file as there appears to be no change in lifestyle

2.) You are a fraud examiner and have been hired by a company to make recommendations on reducing the risk of fraud. What suggestion would you make for reducing the opportunity for fraud? (Points : 2)

Reduce company communications to employees Implement bonuses based on earnings Discipline fraud offenders Eliminate cross training of employees