Exam 1 Notes - conducted • 1 Analyze available data • 2...

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EXAM 1 NOTES: The test is 60 minutes, no notes or book. There are 8 T/F questions and 19 multiple choice questions, for a total of 27 questions. In preparation of the exam, the following is a brief guide to help you: 1. Know the definition of predication. 1. To base or establish (a statement or action, for example): I predicated my argument on the facts. 2. To state or affirm as an attribute or quality of something: The sermon predicated the perfectibility of humankind. 3. To carry the connotation of; imply. 4. Logic To make (a term or expression) the predicate of a proposition. 5. To proclaim or assert; declare. 2. Understand the fraud theory approach, including how evidence gathering is
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Unformatted text preview: conducted. • 1. Analyze available data • 2. Create a hypothesis • 3. Test the hypothesis • 4. Refine and amend the hypothesis • 5. Decide to accept or reject the hypothesis based on the evidence 3. Be familiar with different types of research and what they discovered 4. Be familiar with skimming, register disbursements, larceny and check tampering. a. Know the definition of each b. How the particular type of fraud is conducted c. How to detect it and how to prevent it Though this is a general outline, it should help you focus. There will also be some questions regarding various scenarios that you will have to choose the best answer. Good luck. Rich...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 341 taught by Professor Kamradt during the Spring '10 term at Franklin.

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