Reference no: EM132686106

Problem 1: The best approach for a fraud risk assessment is the:

a. Chessboard method.

b. COSO comprehensive approach

c. Swimming lane approach

d. Staggered box method

e. The eye-ball approach

Problem 2: The measure most helpful in preventing fraud is:

a. Anonymous hot line

b. Fraud training

c. Established fraud policy

d. Willingness for company to prosecute

e. Strong internal controls

Problem 3: _____________ refers to the basis for undertaking a fraud investigation.

a. Alter ego

b. Predication

c. Wildcatting

d. Invigilation

e. Shenanigan