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ACCT 562 WEEK 4 MIDTERM EXAM ANSWERS.
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ACCT 562 WEEK 4 MIDTERM EXAM ANSWERS.
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Grading SummaryThese are the automatically
computed results of your exam. Date Taken: 1/31/2015
Grades for essay questions, and Time Spent: 2 h , 00 secs
comments from your instructor, are Points Received: (82.7%)
in the "Details" section below.
Question Type: # Of Questions: # Correct:
Multiple Choice 22 17
Essay 4 N/A
Grade Details All Questions
Page: 1 2
1. Question : (TCO D) The review team should be aware of various management and
operational techniques, which includes all of the following except:
Student Answer: Reengineering
Mental Models
Spirituality
Greenfielding
Instructor Explanation: Reider Chapter 4
Points Received: 5 of 5
Comments:
2. Question : (TCO F) Manually altering entries in an organization‘s books in order to
conceal fraud is called:
Student Answer: Fictitious reconstruction
Shrinkage
Forced reconciliation
Padding the books
Instructor Explanation: Wells, Chapter 9
Points Received: 5 of 5
Comments:
3. Question : (TCO F) During an interview, when an interviewee repeatedly fiddles
with a pen or picks lint from her clothing, he/she is giving nonverbal
clues called:
Student Answer: Tells
Signals
Manipulators
Exemplifiers
Instructor Explanation: Wells, Chapter 15
, Points Received: 5 of 5
Comments:
4. Question : (TCO F) When the subject of an investigation has been accused of
misconduct, establishing a morally acceptable rationalization might
allow the accused to reconcile his actions with his conscience. Which
of the following is not an example of an acceptable rationalization?
Student Answer: The accused has been unfairly treated by his management.
The accused felt that he needed to get back at someone in the
organization.
The accused engaged in the misconduct for the benefit of others.
The accused has personal demons that can't be overcome.
Instructor Explanation: Wells, Chapter 15
Points Received: 5 of 5
Comments:
5. Question : (TCO F) In one of the case studies in the Wells textbook (page 49),
Brian Lee, a topnotch plastic surgeon, collected payments from his
patients without giving a cut to the clinic where he practiced. What was
his motivation for committing the fraud?
Student Answer: He was greedy.
Repay his students loans.
Fund his charitable doctor work.
None of the above
Instructor Explanation: Wells, Chapter 2
Points Received: 5 of 5
Comments:
6. Question : (TCO F) Nicolette Garrison works parttime at an independent record
store. Whenever her friend, Jacob Barker, comes into the store during
one of her shifts, he picks up a CD and brings it to the register where
Nicolette is stationed. After ringing a no sale transaction on the cash
register, Nicolette pretends to swipe Jacob's credit card for payment.
She puts the CD in a bag and gives it to Jacob, who walks out without
actually paying for the merchandise. What kind of scheme is being
committed?
Student Answer: Fake sale
False refund
Sales skimming
Cash larceny
Instructor Explanation: Wells, Chapter 9
Points Received: 5 of 5
Comments:
7. Question : (TCO F) Which of the following is not a method used to conceal false
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