a. In order to maximize fraud deterrent effects, all the elements of the fraud control structure should be made known to employees, vendors and stakeholders.

True

False

b. Periodic reassessment of fraud control activities should include:

• Ensuring that existing controls are working as designed;
• Refreshing and updating the fraud risk assessment and design of the controls; and
• Seeking efficiencies and filling gaps.

True

False

c. A company has a whistleblower system that is entirely in English. Since their headquarters is in Boston, so there's no need to worry about other allegations made in languages other than English. Right or wrong?

Right

Wrong

d. You are investigating an allegation that vendors may be submitting invoices twice in the hope that they will be paid multiple times. Which of the following data analyses would be the easiest way to identify such invoices?

		Benford's law analysis
		Textual analysis
		Duplicate search
		Correlation analysis