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Chapter 13 Preview Key

Course: HIS 319, Spring 2012
School: GWU
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319 Ch. 1 His 13 Quiz Preview *Some questions may require some reasoning or other research. Multiple Choice 1) During the 1970s, the women's movement in the United States a) continued to experience internal divisions. b) achieved ratification of the Equal Rights Amendment. c) evolved into a unified organization. d) generated little support for women's causes. 2) As leaders among Mexican Americans during the 1960s...

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319 Ch. 1 His 13 Quiz Preview *Some questions may require some reasoning or other research. Multiple Choice 1) During the 1970s, the women's movement in the United States a) continued to experience internal divisions. b) achieved ratification of the Equal Rights Amendment. c) evolved into a unified organization. d) generated little support for women's causes. 2) As leaders among Mexican Americans during the 1960s and 1970s, Rodolfo "Corky" Gonzles, Reis Lpez Tijerina, and Jos Angel Gutirrez did all of the following except a) press for return of land taken from Mexicans years earlier. b) participate in political protest movements. c) support the war in Vietnam with enthusiasm. d) engage in confrontational activities with the authorities. 3) Between 1961 and 1976, the typical American voter most likely would have a) rejected the liberalism of the New Deal. b) became slowly disillusioned with the government's economic and foreign policies. c) remained committed to the Democratic party. d) experienced little change in the political role of the United States either at home or abroad. 4) The "southern strategy" of the Republican Party during the 1970s refers to the party's a) determination to impose integration in the South by force, if necessary. b) support of southern demands for increased busing of black students to white schools in the North. c) attempt to attract conservative political support. d) plans to move the capital to Texas. 5) In 1973, the American Psychiatric Association ruled that a) homosexuality was not as serious as psychosis. b) homosexuality should no longer be classified as a mental illness. c) homosexuals could become licensed psychiatrists. d) homosexuality was not necessarily the result of improper parenting. 6) The idea of the feminine mystique implied that women a) should be more assertive. b) were not different from men. c) should have equality within American society. d) had a special role in society. 2 7) By the early 1970s, rock music and television began to abandon traditional values in order to deal with all of the following themes except a) romantic love. b) social conflict. c) drugs and mysticism. d) anger and rebelliousness. 8) In the 1970s and 1980s, Hispanic-Americans from specific countries in Latin America tended to live together in certain parts of the United States. Those national groups which were especially large in numbers included all of the following except a) Mexicans living in California. b) Cubans living in Florida. c) Panamanians living in Massachusetts. d) Puerto Ricans living in New York. 9) In rejecting the concept of the melting pot, many minority groups began to argue for all of the following ideas except a) a culturally pluralist society. b) affirmative action programs. c) ethnic studies programs. d) minority assimilation. 10) Radical feminists of the 1970s and 1980s advocated a) all of the answers below. b) assaulting the male power structure. c) rejecting the notion of marriage and family. d) abandoning sex between men and women. 11) During the 1970s and 1980s, the status of women improved in all of the following ways except a) women began to compete effectively for elective and appointive political offices. b) women attained considerable new success in academic fields. c) women achieved the economic position of equal pay for equal work. d) women gained acceptance in some previously all-male fields. 12) Although Congress approved the Equal Rights Amendment in 1972, the amendment finally died because a) the Democratic party reversed its support. b) women displayed an increasing indifference to equal rights. c) Congress failed to pass the measure by the required two-thirds majority. d) the time for ratification by the states expired. 13) As a result of the SALT I talks of 1972, the United States and the Soviet Union agreed that they would a) not create any new nuclear weapons system. 3 b) destroy some of their nuclear weapons. c) limit their total number of ICBMs, but not their number of nuclear warheads. d) cease building all nuclear weapons. 14) The Nixon-Kissinger policy toward the Third World, as expressed in the Nixon Doctrine, signified that a) Third World countries would receive substantial financial support from the United States. b) U.S. interests in the Third World had declined. c) the U.S. would attempt to establish stronger political alliances with Third World countries. d) the U.S. would support left-wing governments in Third World countries. 15) American actions in the settlement of the Yom Kippur War of 1973 resulted in a) censure of the United States by the United Nations. b) the withdrawal of Israeli troops from Jordan. c) an oil embargo against the United States by the Arab nations. d) the closing of the Suez Canal. 16) The Jewish state of Israel is surrounded by all of the following Arab countries except a) Egypt. b) Jordan. c) Iraq. d) Syria. 17) In 1973, for the first time since World War II, the United States faced a) increasing competition from OPEC countries in oil sales. b) declining gasoline prices. c) an insufficient fuel supply. d) decreasing dependence on oil imports from the Middle East and Africa. 18) In the late 1960s, American manufacturers, particularly those in steel and automobiles, began to face additional competition from a) Western Europe and Japan. b) Japan and Eastern Europe. c) Eastern Europe and Latin America. d) Latin America and Western Europe. 19) Nixon's policies for curbing inflation included all of the following except a) wage and price controls. b) devaluation of the dollar. c) a sharp rise in interest rates. d) a significant increase in U.S. oil production. 4 20) During the Nixon administration, the U.S. suffered from all of the following economic problems except a) high inflation. b) high unemployment. c) excessive GNP growth rates. d) trade deficits. 21) By the time Nixon became president, the power structure of the federal government had changed, so that the a) federal bureaucracy had become swollen and unresponsive to the president. b) president had lost the power to veto legislation. c) Supreme Court had become excessively powerful and unresponsive to the needs of the president. d) House White staff had decreased both in number and influence. 22) During the 1980s, conservatives capitalized on changing political techniques in all of the following ways except using a) brief "sound bites to establish positions. b) open-ended press conferences to allow full discussion of the issues. c) negative ads to attack an opponent's character. d) enormous fund-raising to finance campaigns. 23) In the 1970s, Americans experienced the "age of limits," a period of lowered expectations characterized by all of the following problems except a) economic decay. b) defeat in Vietnam. c) the Watergate crisis. d) loss of hope. 24) Among the major accomplishments of the Ford Administration was a) all of the answers below. b) a significant decline in the inflation rate. c) the signing of an arms control agreement with the Soviet Union. d) the prosecution of former President Nixon for crimes committed while in office. 25) One of the major contributing factors to the rising inflation of the Ford administration during the 1970s was a) dependence on foreign oil supplies. b) a major cut in tax rates. c) a sharp drop in interest rates. d) a significant decrease in federal spending. 26) By the end of the Carter administration, the economy was plagued by all of the following economic conditions except a) unemployment in excess of 10 percent. b) inflation running at over 10 percent. 5 c) interest rates near 20 percent. d) a major fuel shortage. 27) President Carters diplomatic efforts in relieving the tensions between Egypt and Israel resulted in a) the return of the West Bank to the Palestinian Arabs. b) an initial movement towards peace but an inability to formulate a final peace treaty. c) an agreement to reduce tensions by placing U. N. troops on the West Bank. d) a formal peace treaty between Egypt and Israel. 28) The Salt II arms control agreement met with opposition from conservatives in the Senate because a) the Senate had not been consulted on the formulation of the treaty. b) it would take control of defense spending away from Congress. c) of a lingering and fundamental distrust of the Soviet Union. d) there was no limit on the number of long-range missiles, bombers, or nuclear warheads that the Soviets could have. 29) In response to the Iranian hostage crisis, President Carter took the action of a) sending a Marine division to the capital of Iran. b) returning the Shah of Iran to Iran in exchange for the hostages. c) negotiating the release of the hostages after more than a year of captivity. d) getting the Soviet Union to intervene in Iran on behalf of the hostages. 30) The conservative populists of the Southeast and Southwest that rose to prominence in the late 1970s and early 1980s supported all of the following political concepts except a) opposition to the growth of government. b) commitment to the protection of minority rights. c) resentment of the proliferating environmental laws. d) support of the virtues of the rugged individual. 31) As the New Right developed in the 1970s and 1980s, it opposed the activities of men such as a) Gerald Ford. b) Barry Goldwater. c) Ronald Reagan. d) Jesse Helms. True-False 32) A follower of Betty Friedan probably would oppose the Equal Rights Amendment to the Constitution. a) True b) False 6 33) Many of the women who opposed the feminist movement in the United States during the 1970s believed that the movement was contemptuous of those women who preferred the traditional role in American society. a) True b) False 34) Unlike women and blacks, Hispanics in the United States during the 1970s made few attempts to organize in order to improve their conditions within American society. a) True b) False Short Answer Answer Choices: Afghanistan, Anwar Sadat, eastern establishment, embargo, Gerald Ford, hippies, Jimmy Carter, John Anderson, Leonid Brezhnev, Mao Zedong, melting pot, Nelson Rockefeller, pardon, Ronald Reagan, stagflation, Sunbelt, Walter Mondale. 35) Vietnam exiles began to return to the United States after President Jimmy Carter issued pardons for draft resisters and a limited amnesty for deserters. 36) Advocating a culturally pluralistic society where various ethnic identities would be recognized, Asian-Americans, Indians, and Hispanics rejected the melting pot premise of societal development. 37) South Vietnam fell to the North Vietnamese armies in 1975, during the presidency of Gerald Ford. 38) One of the greatest steps toward achieving dtente with the Soviet Union was the visit to America by that country's premier, Leonid Brezhnev, in 1973. 39) In the 1960s and 1970s, economists invented the word stagflation to refer to the condition of the economy when inflation is high, unemployment is high, and the gross national product is not growing very much. 40) America faced serious difficulties in 1974 when the Arab nations imposed an oil embargo. 41) Richard M. Nixon received "a full, free, and absolute pardon" from President Gerald Ford. 42) The death of Mao Zedong in 1976 brought a new government to power in China that was eager to expand its ties with the United States. 43) In 1976, the incumbent president had a hard-fought battle with Ronald Reagan for the Republican nomination for the office. 7 44) As president of Egypt, Anwar Sadat tried to bring peace to the Middle East by negotiating a settlement with Israel. 45) Jimmy Carter said that the Soviet invasion of Afghanistan was the gravest threat to world peace since World War II. 46) The areas of the South that grew in economic and political power during the 1960s and 1970s acquired the new name of the Sunbelt. 47) When Gerald Ford became president after the resignation of Richard Nixon, he appointed Nelson Rockefeller to succeed him as vice president. 48) John Anderson was a moderate Republican who launched an independent campaign for president in 1980. 49) The New Right hated what they called the eastern establishment, a group of wealthy, liberal people and institutions they believed ruled the country while ignoring the wishes of the people. 50) Jimmy Carter chose Walter Mondale, Senator from Minnesota as his Vice Presidential running mate in the Election of 1976.
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GWU - HIS - 319
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ANSWERS TO EXERCISES Chapter 1 Review Questions 1-1 (Learning objective 1-1) What is fraud examination? Answer: Fraud examination is a process for resolving allegations of fraud from inception to disposition. Fraud examinations involve not only financial
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Chapter 2 Review Questions 2-1 (Learning objective 2-1) How is "skimming" defined? Answer: Skimming is the theft of cash from a victim organization prior to its entry in the organization's accounting system. (Learning objective 2-2) What are the two princ
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Chapter 3 Review Questions 3-1 (Learning objective 3-1) What is cash larceny? Answer: Cash larceny involves the intentional taking away of an employer's cash without the consent, and against the will, of the employer. Cash larceny schemes involve the thef
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Chapter 4 Review Questions 4-1 (Learning objective 4-1) What are the five categories of fraudulent disbursements, and where did billing schemes rank in terms of frequency and cost in the 2009 Global Fraud Survey? Answer: The five categories of fraudulent
Punjab Engineering College - ACCT - 6567
Chapter 5 Review Questions 5-1 (Learning objective 5-1) Assume there are two thefts of checks at ABC Company. In the first case, an employee steals an outgoing check that is drawn on ABC's account, and is payable to "D. Jones." The perpetrator forges the
Punjab Engineering College - ACCT - 6567
Chapter 15 Review Questions 15-1 (Learning objective 15-1) What are the five types of interview questions? Answer: The five types of interview questions are introductory, informational, closing, assessment, and admission seeking. (Learning objective 15-2)
Punjab Engineering College - ACCT - 6567
Chapter 16 Review Questions 16-1 (Learning objective 16-1) What is "abusive conduct"? Answer: Behaviors by employees of organizations that are counter to the entity's goals. Examples include "gold-bricking," excessive absenteeism, tardiness, theft, pilfer
Punjab Engineering College - ACCT - 6567
Presentations Comments: Group 1 Pros: All speakers made good eye contact with audience Entertaining Very organized Cons: Limited use of multimedia Two speakers were speaking too fast One speaker had somewhat inappropriate dressing Group 2 Pros: All speake
Punjab Engineering College - ACCT - 6567
Presentations Comments: Group 1 Pros: All speakers made good eye contact with audience Entertaining Very organized Cons: Limited use of multimedia Two speakers were speaking too fast One speaker had somewhat inappropriate dressing Group 2 Pros: All speake
Punjab Engineering College - ACCT - 6567
Group Content Coherence and Organization Creativity Material Speaking Skills Dress Length of presentation Total1 4 4 3 3.5 4 3.5 4 262 4 4 3 3 4 4 4 263 4 4 3.5 3.5 4 4 4 274 4 4 4 4 4 4 4 285 4 4 4 3.5 4 4 4 27.56 4 4 4 4 3.5 4 4 27.57 (my group)
Punjab Engineering College - ACCT - 6567
Chapter 1Introduction to Fraud ExaminationLearning Objectives Define fraud examination and differentiate it from auditing. Understand the fraud theory approach. Define occupational fraud. Define fraud. Define abuse. Know the difference between fraud an
Punjab Engineering College - ACCT - 6567
Chapter 2Skimming1Chapter Objectives Define skimming. List and understand the two principal categories of skimming schemes. Understand how sales skimming is committed and concealed. Understand schemes involving understated sales. Understand how cash r
Punjab Engineering College - ACCT - 6567
Chapter 3Cash Larceny1Pop QuizWhat is the difference between larceny and skimming?2Learning Objectives Define cash larceny. Understand how cash receipts schemes differ from fraudulent disbursements. Recognize the difference between cash larceny and
Punjab Engineering College - ACCT - 6567
Chapter 4Billing Schemes1Pop QuizWhat is a pass-through billing scheme?2Learning Objectives List the five major categories of fraudulent disbursements. Define the term "billing schemes." List the three categories of billing schemes. Understand what
Punjab Engineering College - ACCT - 6567
Chapter 5Check Tampering1 Define check tampering. Understand the five principal categories of check tampering. Detail the means by which employees fraudulently obtain company checks. Understand how forged signatures are created on blank check stock. Be
Punjab Engineering College - ACCT - 6567
Chapter 6Payroll Schemes1Learning Objectives List and understand the three main categories of payroll fraud. Understand the relative cost and frequency of payroll frauds. Define a ghost employee. List and understand the four steps to making a ghost em
Punjab Engineering College - ACCT - 6567
Chapter 7Expense Reimbursement Schemes1Learning Objectives Explain what constitutes expense reimbursement fraud. Discuss the data on expense reimbursement fraud from the 2009 Global Fraud Survey. Understand how mischaracterized expense reimbursement s
Punjab Engineering College - ACCT - 6567
Chapter 8Register Disbursement Schemes1Pop QuizAccording to the 2006 National Fraud Survey, register disbursement schemes have a higher median loss than payroll schemes. True or false?2Learning Objectives Explain what constitutes a register disburs
Punjab Engineering College - ACCT - 6567
Chapter 9Non-Cash Assets1Learning Objectives List the five categories of tangible non-cash misappropriations discussed in this chapter. Discuss the data on non-cash misappropriations from the 2009 Global Fraud Survey. Explain how misuse of non-cash as
Punjab Engineering College - ACCT - 6567
Chapter 10Corruption1Pop QuizWhat are the two principle schemes involving bribery?2Learning Objectives Define corruption. Identify the four categories of corruption. Define bribery. Compare and contrast bribery, extortion, and illegal gratuities. I
Punjab Engineering College - ACCT - 6567
Chapter 11Accounting Principles and Fraud1Learning Objectives Define fraud as it relates to financial statements. Identify the main groups of people who commit financial statement fraud. List the primary reasons people commit financial statement fraud
Punjab Engineering College - ACCT - 6567
Chapter 13Fraud Risk Assessment1Learning Objectives Describe the factors that influence an organization's vulnerability to fraud. Explain the difference between preventive and detective controls. Understand the objective of a fraud risk assessment. Di
Punjab Engineering College - ACCT - 6567
Chapter 14Conducting Investigations and Report Writing1Learning Objectives Understand the circumstances that may necessitate an internal investigation. Identify who should be part of a fraud examination team. Define evidence. Be familiar with several
Punjab Engineering College - ACCT - 6567
Chapter 15Interviewing Witnesses1Learning Objectives List the five types of interview questions. Understand how to ask introductory questions. Explain how to construct informational questions. Understand the differences between open, closed, and leadi
Punjab Engineering College - ACCT - 6567
Chapter 16Occupational Fraud and Abuse: The Big Picture1Learning Objectives Understand and describe abusive conduct. Determine why attempting to achieve perfection in the workplace is not desirable. Explain the obstacles to accurately measuring the le
Punjab Engineering College - ACCT - 7654
Chapter 6Payroll Schemes1Learning Objectives List and understand the three main categories of payroll fraud. Understand the relative cost and frequency of payroll frauds. Define a ghost employee. List and understand the four steps to making a ghost em
Punjab Engineering College - ACCT - 7654
Chapter 10Corruption1Pop QuizWhat are the two principle schemes involving bribery?2Learning Objectives Define corruption. Identify the four categories of corruption. Define bribery. Compare and contrast bribery, extortion, and illegal gratuities. I
Punjab Engineering College - ACCT - 7654
1. 2. 3.Sources of GAAP and basic framework and concepts . 3 Reporting net income . 14 Income statement: Income from continuing operations . 17 Discontinued operations . 19 Extraordinary items . 22 Accounting changes and prior period adjustments . 244.
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 3(A)Please note that this chapter is to be used for exams prior to June, 2009. If you are planning to sit for the CPA exam after June, 2009, please use the Financial 3(B) chapter, which is also included in this textbook.
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 3(B)Please note that this chapter is to be used for exams beginning in July, 2009. If you are planning to sit for the CPA exam prior to July, 2009, then you will want to study with the Financial 3(A) chapter, which is als
Punjab Engineering College - ACCT - 7654
1. 2. 3. 4. 5. 6. 7. 8.Working capital and its components . 3 Inventories . 20 Fixed assets. 33 Depreciable assets and depreciation . 40 Fixed asset impairment . 51 Homework reading: Enhanced outlines and expanded examples of inventory. 53 Homework readi
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 5 Class Questions 1. CPA-00394 On December 30, 1994, Chang Co. sold a machine to Door Co. in exchange for a non-interest-bearing note requiring ten annual payments of $10,000. Door made the first payment on December 30, 19
Punjab Engineering College - ACCT - 7654
1. 2. 3. 4. 5. 6. 7.Present values and annuities . 3 Accounting for leases . 6 Investment in debt securities . 32 Long-term liabilities and bonds payable . 34 Troubled debt restructurings (impaired loans). 62 Homework reading: Liabilities. 69 Class quest
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 6 Class Questions 1. CPA-00690 The following information pertains to Gali Co.'s defined benefit pension plan for 1994: Fair value of plan assets, beginning of year Fair value of plan assets, end of year Employer contributi
Punjab Engineering College - ACCT - 7654
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11.Pension plans. 3 Accounting for postretirement benefits other than pensions . 22 Accounting for postemployment benefits (SFAS 112) . 27 Estimated liability (vs. accrued liability) . 28 Contingencies (SFAS 5) . 29 Account
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 7 Class Questions 1. CPA-00929 Whether recognized or unrecognized in an entity's financial statements, disclosure of the fair values of the entity's financial instruments is required when: a. b. c. d. It is practicable to
Punjab Engineering College - ACCT - 7654
1. 2. 3. 4. 5. 6. 7. 8.Financial instruments . 3 Stockholders' equity. 7 Earnings per share. 27 Statement of cash flows . 36 Homework reading: Ratio analysis . 45 Homework reading: Detailed treasury stock examples.52 Homework reading: Detailed statements
Punjab Engineering College - ACCT - 7654
1. 2. 3. 4. 5. 6.Governmental accounting overview . 3 Modified accrual accounting. 14 Governmental funds. 28 Proprietary funds . 51 Fiduciary funds. 62 Class questions . 73Financial Accounting & Reporting 8Financial Accounting & Reporting 8F8-2Becker
Punjab Engineering College - ACCT - 7654
Financial Accounting & Reporting 9 Class Questions 1. CPA-00975 The statement of activities of the government-wide financial statements is designed primarily to provide information to assess which of the following? a. b. c. d. Operational accountability.