Which of the following statements is TRUE according to rational choice theory?

• A.Crime originates from a rational and conscious decision made by the perpetrator in order to receive an intended benefit.
• B.Crime originates from an instinctual response to external stimuli without any rational or conscious decision by the perpetrator.
• C.Crime can be deterred by increasing the personal benefit to potential perpetrators.
• D.Crime can be deterred by decreasing the personal risk to potential perpetrators.

Comment: *

Name: *

Email: *

Verification: *

According to the 2020 Report to the Nations, which of the following is the MOST COMMON method by which frauds are detected?

• A.Internal audit
• B.Confession
• C.Tips
• D.External audit

Comment: *

Name: *

Email: *

Verification: *

ABC. Inc. is a publicly traded, multi-national corporation. Which of the following statements is TRUE regarding the corporate governance requirements that ABC is subject to?

• A.ABC is required to comply with G20/OECD Principles of Corporate Governance
• B.ABC is subject to the Universal Corporate Governance Act because it is a publicly traded corporation.
• C.ABC must comply with specific listing standards for the stock exchange(s) on which it is listed
• D.ABC is not required to comply with any corporate governance requirements because it operates in multiple jurisdictions

Comment: *

Name: *

Email: *

Verification: *

Which of the following is a TRUE statement regarding the role of a well-designed organizational structure within an anti-fraud program?

• A.Flowcharts displaying departmental structures can be a helpful tool in communicating the proper flow of information as part of fraud prevention efforts.
• B.It is best to avoid formally documenting organizational structures to limit fraudsters' ability to circumvent oversight controls.
• C.Communicating the proper flow of information to everyone in the organization can increase the organization's vulnerability to fraud.
• D.A confused organizational structure makes it harder for a fraudster to perpetrate and conceal their misdeeds.

Comment: *

Name: *

Email: *

Verification: *

Formally documenting and communicating organizational hierarchies, including the proper flow of information, can hinder an organization's fraud prevention initiatives.

• A.True
• B.False

Comment: *

Name: *

Email: *

Verification: *