Term
| Even with the right opportunity or significant pressure, most people would probably not steal or embezzle |
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Definition
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Term
| Studies show that a positive and honest work culture in a company does little to prevent fraud |
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Definition
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Term
| An important factor in creating a culture of honesty, openness, and assistance in the workplace in maintaining an employee assistance program |
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Definition
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Term
| A good internal control system within a company can ensure the absence of fraud |
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Definition
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Term
| When fraud is committed, the problem is often not a lack of controls, but the overriding of existing controls by management and others |
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Definition
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Term
| The two elements in creating a positive work environment are (1) having an open-door policy and (2) having positive personell and operating procedures |
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Definition
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Term
| Not prosecuting fraud perpetrators is cost effective in both the short run and the long run |
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Definition
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Term
| Even a good system of internal controls will often not be completely effective because of the fallibilities of the people applying and enforcing the controls |
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Definition
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Term
| The increasingly complex nature of business helps to decrease the number of collusive frauds |
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Definition
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Term
| Tips and complaints are the most common way fraud is detected |
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Definition
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Term
| The major role of employee assistance programs is to help employees recover from the damaging psychological effects of fraud. |
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Definition
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Term
| Not all possible controls should be implemented; rather, one must assess a control's cost and benefits before implementation |
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Definition
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Term
| Creating an expectation of punishment causes firm morale to deteriorate and often results in lower productivity |
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Definition
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Term
| People will often be dishonest if they are placed in an environment of: |
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Definition
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Term
| Which of the following factors contribute to creating a corporate culture of honesty and openness? |
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Definition
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Term
| Which of the following personnel and operating policies contribute to high-fraud environments? |
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Definition
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Term
| The single most effective tool in preventing and detecting fraud is usually: |
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Definition
| Having a good system of internal controls |
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Term
| A company's control environment includes |
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Definition
| The tone that managment establishes toward what is honest and acceptable behavior |
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Term
| Which of the following factors generally results in a high-fraud environment |
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Definition
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Term
| Which of the following aspects of fraud usually results in the largest savings? |
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Definition
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Term
| Which of the following is usually the most effective tool in preventing and detecting fraud |
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Definition
| Having a good system of internal controls |
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Term
| Which of the following is the typical fraud model that describes most firms? |
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Definition
| Fraud incident, investigation, action, resolution |
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Term
| The "tone at the top" is an important element in fight fraud which involves: |
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Definition
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Term
| Which of the following is NOT a recognized method of eliminating fraud opportunities? |
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Definition
| Engendering employee goodwill by having lax rules |
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Term
| Which of the following is NOT a reason identified by Deloitte why whistle blowing systems fail |
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Definition
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