Acct 562 Week 4 Midterm Exam Answers

ACCT 562 Week 4 Midterm Exam Answers

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ACCT 562 Week 4 Midterm Exam Answers

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1. Question : (TCO D) The review team should be aware of various management and

operational techniques, which includes all of the following except:

Mental Models

Spirituality

Greenfielding

2. Question : (TCO F) Manually altering entries in an organization‘s books in order to

conceal fraud is called:

Shrinkage

Forced reconciliation

Padding the books

Instructor Explanation:Wells, Chapter 9

3. Question : (TCO F) During an interview, when an interviewee repeatedly fiddles

with a pen or picks lint from her clothing, he/she is giving non¬verbal

clues called:

Signals

Manipulators

Exemplifiers

Instructor Explanation:Wells, Chapter 15

4. Question : (TCO F) When the subject of an investigation has been accused of

misconduct, establishing a morally acceptable rationalization might

allow the accused to reconcile his actions with his conscience. Which

of the following is not an example of an acceptable rationalization?

The accused felt that he needed to get back at someone in the

organization.

The accused engaged in the misconduct for the benefit of others.

The accused has personal demons that can’t be overcome.

Instructor Explanation:Wells, Chapter 15

5. Question : (TCO F) In one of the case studies in the Wells textbook (page 49),

Brian Lee, a top¬notch plastic surgeon, collected payments from his

patients without giving a cut to the clinic where he practiced. What was

his motivation for committing the fraud?

Repay his students loans.

Fund his charitable doctor work.

None of the above

Instructor Explanation:Wells, Chapter 2

6. Question : (TCO F) Nicolette Garrison works part¬time at an independent record

store. Whenever her friend, Jacob Barker, comes into the store during

one of her shifts, he picks up a CD and brings it to the register where

Nicolette is stationed....