3.Which of the following is not a major indirect method?

a. Net Worth

b. Cash-T

c. Balance sheet evaluation

d. Source and application of funds

11. What statement is false with respect to the net worth method?

a. The focus of the net worth method is on the year-end bank balances as well as other assets and liabilities

b. The bank deposit technique looks at the funds deposited during the year.

c. The net worth analysis may be used when searching for hidden income in drug trafficking and insurance fraud situations.

d. The bank deposit method has not been approved by the U.S. Supreme Court.

e. None of the above

58. Which would be the best source for a forensic accountant to gather information and learn about a new industry?

a. RIA Federal Tax Articles

b. Audit Technique Guidelines

c. Daubert Tracker

d. CCH Citator

e. Shepardizing

59. Which would not be a procurement fraud scheme?

a. Bid rigging

b. Phantom vendors

c. Cost mischarging

d. Bill-and-hold

e. Split purchases

60. What famous U.S. Congressman resigned from Congress in 2005 after pleading guilty to taking $2.4 million in bribes?

a. Armstrong Williams

b. William Jefferson

c. Vernon Jackson

d. Peter Hartz

e. Randy Cunningham

61. What would probably not be helpful in trying to find and prosecute someone for accepting bribes and kickbacks?

a. Audit right clause

b. Chain-of-custody

c. Duty to cooperate

d. Foreign Corrupt Practices Act

e. Trying to turn someone