1.All of the following are data analytic tests that can detect and prevent check tampering fraud except for

Select one:

a. Locating check forgery or falsification of loan applications

b. Identifying an unusually large number of waived fees by branch or by employee

c. Identifying checks paid that do match checks issued, by bank or by check

d. Identify checks that were authorized and posted by the same individual

2. Which of the following analytic tests would be most appropriate to uncover a conflict-of-interest scheme?

Select one:

a. Gestalt element link

b. Relative size factor

c. Summarization

d. Correlation

3. All of the following need to occur before starting a continuous auditing project except:

a. Understanding the availability and structure of data

b. Performing assessments based on risks using data, trending, ratios, etc.

c. Identification of noncritical business processes that should be subject to continuous auditing

d. Evaluating and assessing the projected benefits of including the business cycle/area in the continuous auditing process

4. What does Benford's law check?

a. Relative size of a transaction in relation to the smallest transaction

b. Magnitude of numbers in a financial statement

c. Frequency of leading digits

d. Unusual relationships between sales agents and customers

5. Tender schemes are most commonly associated with what type of corruption scheme?

a. Extortion

b. Illegal gratuities

c. Bribery

d. Conflict of interest