Welcome to your Fraud Management Diploma Exam

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1 / 40

Ditching, also known as owner give-ups, involves getting rid of which of the following to cash in on a ‎insurance policy or to settle an outstanding loan?

2 / 40

The transit number in the top right corner must match which of the following at the bottom of the cheque?

3 / 40

It is in the interest of which of the following to minimize credit card fraud?

  1. The issuing bank
  2. The cardholder
  3. The police

4 / 40

When taking control of any physical evidence, which of the following is essential?

5 / 40

Tellers should be advised to be alert for the customer who………………..

6 / 40

…………., who simply carry on trading even when, objectively, they are not in a position to pay their debts, this can apply to ordinary traders or to major business people.

7 / 40

Which of the following is represents the highest risk area for financial institutions?

8 / 40

………………… reimbursement occurs when providers receive payment for each service ‎rendered.

9 / 40

Which of the following is a method of transferring money by instructing a bank to directly transfer funds from one bank account to another without the use of cheques.

10 / 40

The witness ‎must be happy to sign the ‎resulting document as a true ‎record.

11 / 40

The fraud officer will usually ‎have responsibility for any internal disciplinary procedures, which must be in line with and support the fraud policy statement.

12 / 40

A major reason why people commit fraud is that they are …............…. to do so.

13 / 40

An audit trail or other record of all ‎processes applied to computer-based electronic evidence should ‎be:

14 / 40

Falsified employment credentials e.g. qualifications ‎and references is a pattern of:

15 / 40

Which of the following is the process of verifying the ‎qualifications, suitability, and experience of a ‎potential candidate for employment?

16 / 40

An effective cheque counterfeiting operation can turn a small financial investment into a ‎large windfall within a 30-day time frame.

17 / 40

Based on recent ‎surveys, many organizations don't have a formal ‎approach to fraud prevention.

18 / 40

Who is will be ‎responsible for maintaining an ‎investigation log?

19 / 40

The audit committee ‎should:

20 / 40

For Authentication to be effective, digital signatures use ……….......…….. technology to make ‎them resistant to forgery.

21 / 40

Which of the following is/are one of the conflicting emotions influencing the ‎potential ‘whistleblower’?

  1. Working group loyalties
  2. Fear of consequences
  3. Suspicion rather than proof

22 / 40

A code of ethics or an anti-fraud policy is ……...............… to prevent fraud.

23 / 40

Which of the following can be used to ‎identify any abnormal trends ‎or patterns?

24 / 40

In which of the following, the cash flow cannot support an inflated loan and resulting ‎debt amount.‎

25 / 40

Which of the following is one of the techniques of analysis of risk?

26 / 40

Which of the following involves background research, such as company ‎searches, and identifying those involved?

27 / 40

Which of the following is one of the Public and Private Systems in health care?

28 / 40

The largest amount of insurance fraud is in:

  1. Fidelity
  2. Life
  3. Health care
  4. Disability

29 / 40

Choosing to accept small risks is an example of :

30 / 40

Floating makes cheque kiting impossible

31 / 40

When accepting cheques, employees should always ask for which of the following and make sure it is valid.

32 / 40

Which of the following is one of the red flags might identify mortgages containing false or misleading information?

33 / 40

After strategies are developed, it is necessary to establish the risk appetite of the organization.

34 / 40

Which of the following is one of the ways that health care systems can be classified?

35 / 40

Opportunities for cost savings may also be identified ‎as a result of conducting the fraud risk assessment.

36 / 40

Which of the following is one of the types of suspense accounts at financial institutions that ‎fraudsters might use?

37 / 40

Which of the following is the practice of recording ‎the deposit of an interbank transfer before recording the disbursement, thus briefly ‎double- counting the amount of cash.

38 / 40

An effective method of detecting bad cheques ‎is to ……........……. a group of cheques.

Counterfeit cheques will sometimes stand out as a slightly ‎different color.‎

39 / 40

Which of the following occurs when a fraudster dupes victims into providing sensitive ‎information by falsely claiming to be from an actual business, the Internet service ‎provider (ISP), or other entity with which the target does business.‎

40 / 40

Altering legitimate purchase orders is a pattern of:


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