MCQ

Accou lll T.LUT ACC 307 Forensic 43. Per the Fraud Examiners Manual, what distinguishes an illegal gratuity er the Fraud Examiners Manual, which of the following best describes corruption? The B. The wrongful use of influence to procure a benefit for the act another person, contrary to the duty or the rights of others. C. Perversion of integrity D. An action to (a) secretly provide (b) a good or a service to a third party (c) so that he or she can influence certain actions which (d) benefit the corrupt, a third party, or both (e) in which the corrupt agent has authority from a bribery scheme? A. An illegal gratuity does not necessarily include intent to influence a particular business decision after the fact, but a bribery scheme does. B. An illegal gratuity does not necessarily include anything of value, but a bribery scheme does. C. An illegal gratuity does not necessarily include intent to influence a illegitimate use of public power to benefit a private interest or or icular business decision before the fact, but a bribery scheme do D. A bribery scheme does not necessarily include intent to influence particular business decision before the fact, but an illegal gratuity does 40. Which of the following is an example of intellectual property? Per the Fraud Examiners Manual, which of the following best describes a conflict of interest scheme? A. A conflict of interest occurs when a customer has an undisclosed economic or personal interest in a transaction that could adversely affect the seller B. A conflict of interest occurs when an employee, manager, or executive 44. A. Cash and marketable securities. B. Inventory C. Confidential information about ideas, designs, and innovations D. Accounts receivables. 41. Per the Fraud Examiners Manual, what is open source information? A. Confidential information. B. Restricted and tainted information. C. Privileged information D. Information in the public domain, or data that is legally available to s an undisclosed economic or personal interest in a transaction that adversely affects that person's employer C. A conflict of interest occurs when an employee, manager, or executive has any direct economic or personal interest in a transaction that adversely affects that person's employer D. A conflict of interest occurs when an employee, manager, or executive has any direct or a material indirect economic or personal interes transaction that adversely affects that person's employer 42. Per the Fraud Examiners Manual, what is the difference between official bribery and commercial bribery? Official bribery refers to the corruption of a public official to influence an official act of government whereas commercial bribery refers to the corruption of a private individual to gain a commercial or business 45. Per the Fraud Examiners Manual, which of the following is not a common B. Official bribery refers to the corruption of a private individual to influence an official act of government whereas commercial bribery refers to the corruption of a public official to gain a commercial or business loan fraud committed against a financial institution? A. Loans to nonexistent borrowers. B. Shame loans with kickbacks and diversion. C. Double-pledging collateral D. Loans to undisclosed related parties C. Official bribery refers to the corruption of a public official to gain a commercial or business advantage whereas commercial bribery refers to the corruption of a private individual to influence an official act of government D. Official bribery refers to the corruption of a public official to influence n official act of government whereas commercial bribery refers to the 46. Per the Fraud Examiners Manual, what type of medical provider fraud occurs when healthcare providers bill for services that were not rendered A. Infusion care fraud 8. Fictitious company fraud. C. Phantom billing D. Uncredentialed provider fraud. corruption of a public official to gain a commercial or business advantage