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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Concepts | 5–10% | - Basic accounting principles - Financial statements structure - Recording and summarizing transactions - Internal control fundamentals |
| Topic 2: Theft of Data and Intellectual Property | 5–10% | - Data and IP theft methods - Safeguarding proprietary information - Corporate espionage |
| Topic 3: Asset Misappropriation – Cash Disbursements | 10–15% | - Billing schemes - Expense reimbursement schemes - Check and payment tampering - Payroll schemes |
| Topic 4: Identity Theft | 1–5% | - Prevention and detection - Types and techniques |
| Topic 5: Industry-Specific Financial Crimes | 15–25% | - Healthcare fraud - Real estate and securities fraud - Insurance fraud - Cyber-enabled and cryptocurrency fraud - Financial institution fraud |
| Topic 6: Asset Misappropriation – Cash Receipts | 5–10% | - Cash skimming schemes - Cash larceny schemes - Prevention and detection methods |
| Topic 7: Corruption Schemes | 5–10% | - Conflicts of interest - Bribery and kickbacks - Illegal gratuities and extortion |
| Topic 8: Asset Misappropriation – Non-Cash Assets | 5–10% | - Misuse of assets - Inventory and equipment theft - Concealment techniques |
| Topic 9: Financial Statement Fraud | 10–15% | - Revenue and asset overstatements - Timing and disclosure manipulations - Expense and liability understatements - Detection and red flags |
A tangible asset is one which is:
Correct Answer: D 🗳️
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Which of the following is the MOST APPROPRIATE technique for detecting a nonconforming goods or services scheme?
Correct Answer: C 🗳️
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Which of the following scenarios is an example of upcoding ?
Correct Answer: A 🗳️
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Which of the following scenarios is an example of an economic extortion scheme?
Correct Answer: C 🗳️
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By removing a tangible asset from the business (a debit), the books will be ___________ by the exact amount of the tangible asset misappropriated.
Correct Answer: B 🗳️
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