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1. Which of the following questions would be most effective when starting the calibration process during an interview?
A) " Did you commit any misconduct against the company? "
B) " Do you know what the punishment is for violations like this ' 5 "
C) " How many jobs have you had before this one?'
D) " Do you know who might have defrauded the company? "
2. Beau is an investigator at a private company in a jurisdiction in which the public has the legal right to be free from unreasonable search and seizure by government authorities. Beau receives credible information that an employee has been stealing property from the company and selling the items on an online marketplace. Beau wants to search the employee's workstation for evidence. How should Beau proceed with the investigation?
A) Beau may proceed with the investigation without obtaining a search warrant.
B) Beau should bring in an unassociated third party from outside the company to conduct the search to ensure fairness.
C) Beau must obtain a search warrant before conducting the investigation.
D) Beau should request that a law enforcement agent join him in conducting the search so a search warrant is not needed.
3. In jurisdictions that allow for corporate criminal liability, which of the following elements is typically required for the corporation to be vicariously liable for the acts of one of its employees?
A) The employee committed the offense with the intention of personal benefit.
B) The employee who committed each element of a criminal offense was a member of management.
C) The employee was acting within the scope of their employment.
D) The employee was acting at the direction of someone in management or with their knowledge.
4. Which of the following statements about the International Organization of Securities Commissions (IOSCO) is TRUE?
A) IOSCO is comprised of commissioners and administrators responsible for regulating securities and administering securities laws in their countries.
B) IOSCO is an international industry association that sets global accounting and financial reporting standards.
C) IOSCO ' s primary goal is to establish a separate set of securities regulations for securities exchanges in developing nations.
D) IOSCO is responsible for enforcing regulatory standards that govern all international securities markets.
5. Baker, a Certified Fraud Examiner (CFE). is assigned to the internal audit department of the ABC Company.
He is getting ready to conduct an interview with another company employee who might be involved in a fraud. In general, what title should Baker use in his introduction to the employee?
A) Auditor
B) Baker should omit a title altogether
C) Investigator
D) Certified Fraud Examiner
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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