Reference no: EM132492396

Question 1 Which of the following best describes the term forensic accounting?

A. It is the use of accounting theories, principles, or analyses in a legal action, often through expert witness testimony.
B. It is the use of accounting principles to consolidate financial statements of foreign corporations.
C. It is a discipline that primarily deals with methods of preparation of financial budgets of a company.
D. It is a discipline that deals with the preparation and analysis of financial statements of companies.

Question 2 Which of the following best describes the term forensic accounting?

A. It is the use of accounting principles to consolidate financial statements of foreign corporations.
B. It is a discipline that primarily deals with methods of preparation of financial budgets of a company.
C. It is the use of accounting theories, principles, or analyses in a legal action, often through expert witness testimony.
D. It is a discipline that deals with the preparation and analysis of financial statements of companies.

Question 3 Which of the following is a technique of fraud detection?

A. analysis of financial statement
B. evaluation of hiring practices
C. preemployment screening
D. perception of detection

Question 4 Which of the following is NOT the primary focus of a fraud examination by a forensic accountant?

A. How was the fraud committed?
B. Who committed the fraud?
C. Why was the fraud committed?
D. When was the fraud committed?

Question 5 Which of the following forensic accounting investigation services includes proactive employee strategies such as preemployment screening, employee training, and employee monitoring strategies?

A. fraud anticipation
B. fraud detection
C. fraud examination
D. fraud deterrence

Question 6 Which of the following forms of justice is fairly administered according to the rules of statutory law?

A. civil justice
B. criminal justice
C. substantial justice
D. social justice

Question 7 Which of the following is a difference between criminal cases and civil cases?

A. Failing to file a timely response can result in a default judgment in a civil case, whereas failing to file a timely response can result in a declaratory judgment in a criminal case.
B. A defendant can only enter a plea of guilty or not guilty to charges in a civil case, whereas he or she can also claim lack of sufficient knowledge to respond or assert affirmative defenses in a criminal case.
C. A defendant has an amount of time (20 days) to respond to the complaint in a civil case, whereas he or she enters a plea to the charge during the first appearance in a criminal case.
D. A complaint should be accompanied by an investigator's affidavit to initiate a civil case, whereas filing a complaint is sufficient to initiate a criminal case.

Question 8 Which of the following statements is true of standards of proof?

A. Clear and convincing evidence is evidence that is probably true.
B. Preponderance of evidence is evidence that can be proved beyond a reasonable doubt.
C. In a civil case, the requisite standard is a preponderance of the evidence.
D. Preponderance of evidence is a higher standard of proof than clear and convincing evidence.

Question 9 Fingerprints and DNA samples are examples of

A. direct evidence.
B. circumstantial evidence.
C. character evidence.
D. documentary evidence.

Question 10 What is the underlying theory of privileged communication?

A. The privacy and confidentiality of a communication within a protected relationship has to be maintained.
B. The parties in a protected relationship are liable to disclose details of the communication taking place between them.
C. The society has a right to be aware of the communication within a protected relationship.
D. In certain instances, society is best served by the suppression (protection from disclosure) of information.