Which of the following is the MOST ACCURATE statement about the different types of malware?

• A.A worm is a type of software that, while not definitely malicious, has a suspicious or potentially unwanted aspect to it.
• B.Ransomware is a malicious self-replicating computer program that penetrates operating systems to spread malicious code to other computers.
• C.Spyware is software that collects and reports information about a computer user without the user's knowledge or consent.
• D.A Trojan horse is a software program that, while not definitely malicious, monitors and logs the keys pressed on a system's keyboard.

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Warner is part of management at ABC Corporation. He has been asked to implement measures to help prevent fraudulent billing schemes. Which of the following measures would likely be MOST EFFECTIVE?

• A.Requiring all fraud tips to be reported to employees' direct supervisors
• B.Combining the purchasing and payment functions within a single department
• C.Enforcing competitive bidding from potential vendors
• D.Using an external vendor to negotiate procurement contracts

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Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

• A.Disbursement scheme
• B.Fraudulent scheme
• C.Force inventory scheme
• D.Register scheme

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Financial statement fraud is BEST described as the intentional or accidental misstatement of amounts in the financial statements.

• A.False
• B.True

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Horizontal analysis can BEST be described as:

• A.A technique for measuring the relationship between any two different financial statement amounts.
• B.A technique for analyzing the percentage change in individual line items on a financial statement from one accounting period to the next accounting period.
• C.A technique for comparing the performance of different companies in the same industry for an extended period.
• D.A technique for analyzing the relationships among items on the financial statement where components are expressed as percentages of a specified base value.

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