uestion 51 (5.9 points)

Time-series analysis is used to ---- the revenues or expenses for future periods.

Question 51 options:

	Control
	Audit
	Predict
	Plan

Question 52 (5.9 points)

When running time-series in Excel the seasonal factors need to be calculated before the forecasts can be calculated

Question 52 options:

	True
	False

Question 53 (5.92 points)

With respect to the risk-scoring method and the DIF scoring procedure, ______ require(s) a manual screening by a skilled investigator to decipher why the forensic unit was given a high score.

Question 53 options:

	Neither
	Both
	Only the DIF scoring procedure
	Only the risk scoring procedure

Question 54 (5.9 points)

1. The forensic analytic tests run on the purchasing card data would fit in well with a(n) ________ program.

Question 54 options:

	Rounding
	Mentoring
	Accounting
	Continuous monitoring

Question 55 (5.92 points)

1. Fraudulent financial reporting is the intentional misstatement of, or a(n) _________ the financial statements, made with the intent to deceive financial statement users.

Question 55 options:

	Suspicion on
	Condition in
	Addition to
	Omission from

Question 56 (5.92 points)

6. For purchasing card data it is normal that there are no negative numbers from credits, refunds, or other miscellaneous adjustments

Question 56 options:

	True
	False

Question 57 (5.98 points)

A time-series is a sequence of the successive values of an expense or revenue stream in units or dollars over unequally spaced time intervals

Question 57 options:

	True
	False

Question 58 (5.92 points)

If a single check kiting predictor was given a weighting of zero, then ________.

Question 58 options:

	Final scores could not be calculated because we cannot divide by zero
	This predictor would have no influence on the final scores
	All the final scores would equal zero because any number times zero is zero
	This predictor would be the only predictor influencing the final scores

Question 59 (5.92 points)