Question 12. 12. When are forensic accountants engaged to provide services? (Points : 2) When an individual has been arrested for fraud.

When a fraud suspect has been identified

When a company requires an internal control system test

When several fraud suspects need to be investigated Question 13. 13. Which type of fraud is the least likely to occur yet yields the highest losses? (Points : 2) Asset misappropriation fraud schemes

Financial statement fraud schemes

Public corruption schemes

Company kickback fraud schemes Question 14. 14. What is a financial forensics investigators mindset when analyzing information? (Points : 2) Adversarial

Cautious

Subjective

Objective Question 15. 15. The investigative approach for a forensic accountant is based on which of the following? (Points : 2) Methods following generally accepted auditing standards

Methods following the Sarbanes Oxley Act

Methods to determine who is responsible

Methods to determine the financial impact Question 16. 16. Which act would be considered fraud instead of abuse? (Points : 2) Using a company gas card to fuel your personal vehicle

Taking home office supplies and giving them to your children

Shopping online using a company computer during work hours

Constantly leaving work early