Questions from Fraud Examination

Q: Despite intense measures meant to impede it, fraud appears to be

Despite intense measures meant to impede it, fraud appears to be one of the fastest -growing crimes in the United States.

Q: The financial data for this case was collected during a fraud investigation

The financial data for this case was collected during a fraud investigation: 1. Without calculating the amount of unknown income, indicate possible red flags or treads you notice in the numbers above...

Q: Mr. I. M. Bezzle works in the purchasing department

Mr. I. M. Bezzle works in the purchasing department for Big Time, Inc. During the 12 years that he has worked there, he has been a trusted employee and has sole responsibility for the company's purcha...

Q: Tom works for ZYX Company and is suspected of embezzling funds from

Tom works for ZYX Company and is suspected of embezzling funds from the company. By searching databases on the Internet, talking with his ex-wife, and searching through his trash, you gather the follo...

Q: Sarah Welch was hired 15 years ago by Produce-R-

Sarah Welch was hired 15 years ago by Produce-R-Us, an importer of rare and exotic fruits. Produce-R-Us was started by an immigrant family 20 years ago and has grown to a national company with sales o...

Q: After searching public records and other sources, you accumulate the following

After searching public records and other sources, you accumulate the following financial information for John Dough: Given the financial information, determine whether there is a likelihood of fraudul...

Q: A bank manager's responsibility was making loans. Auditors discovered that several

A bank manager's responsibility was making loans. Auditors discovered that several loans he made over a five-year period had not been repaid. A fraud investigation revealed that the manager had been r...

Q: You are the owner of a privately owned, moderate sized company

You are the owner of a privately owned, moderate sized company. The business was founded over 20 years ago and has experienced impressive growth and profitability. The only frustrating thing, however,...

Q: "But I intended to pay it all back, I really

"But I intended to pay it all back, I really did," Joseph Swankie said as he talked to his manager. How did I ever get into this situation, he thought. Two years ago, Joe received the promotion for wh...

Q: You are a student at ABC University. You recently read in

You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity that promises to repay you a 44 percent annual return on your investment....