i need quesrion 3 till 9 please
WASTA CONCEPTS, FINANCIAL STATEMENT FRAUD, IDENTITY THEFT AND CONSUMER Exam 2 Spring 2022 without dock 2/B i con A IL AT www.ge dogte Gwy Doroh RAW DO Wea MERCY w 2. DAG A The come che I ROBOT AC BA Camera DA be Ah one C . . C DNS Wed 000 MOV www A ww CM ce 24 25. 26 19. Per the Fraud Tree, what are the four categories of corruption? A identity theft, payroll fraud, return fraud, and pyramid schemes. B advance fee schemes, counterfeit prescription drugs, credit card fraud elder fraud C. funeral and cemetery fraud, health care traud, Identity theft, and Internet fraud D. conflicts of interest, bribery, illegal gratuities, and economic extortion 20. Per the Fraud Examiners Manual, what is arguably the strongest deterrent to financial statement frauo? A. Internal controls by itself B. the perception of detection, C. ethics education and training, D. effective hiring practices. 21. Per the Fraud Examiners Manual, which of the following is NOT one of the five classifications of financial fraud schemes? A fictitious revenues B. improper asset valuations. C. skimming. D. concealed liabilities and expenses 22. Per the Fraud Examiners Manual, what are fictitious revenues? A. the recording of sales of goods or services that did not cocur. B. the premature recording of sales of goods or services, C. the recording of sales of goods or services when collectability is not reasonable assured D. all of the above are considered fictitious revenues. 23. Per the Fraud Examiners Fanual, to achieve compliance with the revised revenue recognition standard (ASC 606), when should the revenue be recognized when the contract with the customer distincty includes both a transfer of goods and services? A the revenue from both the goods and services should be recognized only when both promises are completely fulfiled. B. the revenue from both the goods and services should be recognized When the goods are delivered C the revenue from both the goods and services should be recognized When the promised services are complete D. the promises are performance obligations and should be accounted for separately 27 1 28. d B D WASTA CONCEPTS, FINANCIAL STATEMENT FRAUD, IDENTITY THEFT AND CONSUMER Exam 2 Spring 2022 without dock 2/B i con A IL AT www.ge dogte Gwy Doroh RAW DO Wea MERCY w 2. DAG A The come che I ROBOT AC BA Camera DA be Ah one C . . C DNS Wed 000 MOV www A ww CM ce 24 25. 26 19. Per the Fraud Tree, what are the four categories of corruption? A identity theft, payroll fraud, return fraud, and pyramid schemes. B advance fee schemes, counterfeit prescription drugs, credit card fraud elder fraud C. funeral and cemetery fraud, health care traud, Identity theft, and Internet fraud D. conflicts of interest, bribery, illegal gratuities, and economic extortion 20. Per the Fraud Examiners Manual, what is arguably the strongest deterrent to financial statement frauo? A. Internal controls by itself B. the perception of detection, C. ethics education and training, D. effective hiring practices. 21. Per the Fraud Examiners Manual, which of the following is NOT one of the five classifications of financial fraud schemes? A fictitious revenues B. improper asset valuations. C. skimming. D. concealed liabilities and expenses 22. Per the Fraud Examiners Manual, what are fictitious revenues? A. the recording of sales of goods or services that did not cocur. B. the premature recording of sales of goods or services, C. the recording of sales of goods or services when collectability is not reasonable assured D. all of the above are considered fictitious revenues. 23. Per the Fraud Examiners Fanual, to achieve compliance with the revised revenue recognition standard (ASC 606), when should the revenue be recognized when the contract with the customer distincty includes both a transfer of goods and services? A the revenue from both the goods and services should be recognized only when both promises are completely fulfiled. B. the revenue from both the goods and services should be recognized When the goods are delivered C the revenue from both the goods and services should be recognized When the promised services are complete D. the promises are performance obligations and should be accounted for separately 27 1 28. d B D
