Which of the following are typical behaviors of first

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29. Which of the following are typical behaviors of first-time fraud perpetrators? a. Constantly nervous b. Easily irritated c. Is boisterous d. All of the above ANS: D 30. Which of the following best characterizes someone committing fraud? 31. Auditors are better positioned than anyone to detect which element of fraud:
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32. Which of the following is not one of the six symptoms of fraud? 33. A "smart" embezzler will most likely use the following account(s) to commit fraud: a. Accounts Payable b. Sales c. Paid-in Capital d. All of the above ANS: B A: Accounts payable is not an account a "smart" embezzler would use, because a vendor (an outside party) could bring the fraud to the attention of the company. B: The sales account is the easiest way to commit fraud (of the choices available) especially since it is closed out at the end of each year. C: Paid-in capital is an equity account and usually has few entries; thus, a fraud would be hard to com- mit in this account. D: Incorrect (see b above)
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