1. To what does the word forensic pertain?
a. Financial audits when fraud is involved.
These types of audits are forensic audits, but the term forensic applies in a more general sense.
b. A particular type of accounting
1. Which of the following is not a possible information system security deliverable?
d. None of the above.
e. All of the above.
Correct. An information security deliverable is any type of security p
1. Evidence is defined as:
a. Anything that affects
the truth or falsity of an assertion made in an investigation
or legal proceeding.
b. Anything that affects the truth or falsity of an assertion made in an investigation
1. The fraud investigation process involves systematically gathering and reviewing
evidence for the purpose of
a. Providing proof in court that a fraud has been committed.
b. Documenting the presence or absence of fraud.
Correct. Answer a
1. Which of the following does fraud detection involve?
a. Pinpointing the sources of the fraud.
Incorrect. Fraud detection focuses on indicators of fraud. In many cases, investigations
focus on identifying the source of fraud.
1. The usual penalty in a civil case is:
a. Monetary damages.
c. Equitable relief.
d. Any of the above.
e. Only a and c.
Correct. In civil cases, courts routinely award monetary damages or equitable relief.
Professor Barbara Farrel
September 20, 2016
Case 59 Chapter 2
Research the fraud triangle. Specially look for its application to accountants (the AICPA Web site
is www.aicpa.org). Discuss the specific steps the forensic
September 27, 2016
Sunbeam Case Analysis
Paragraph 9 of PCAOB Auditing Standard No. 5 explains the importance and procedure
of planning the internal control audit. There are several important stages dur