Fraud triangle Study guides, Class notes & Summaries

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

WGU C254 - Fraud and Forensic Accounting Questions and answers, 100% Accurate, Rated A+ What are three ratios that are useful for detecting Overstatement of Asset Fraud? - -1. Individual FA account balances/Total FAs 2. Total Def Chgs/Total Assets 3. Def Chg W-offs (amort)/Def Chg Bal What are the three categories of Fixed Assets? - -Property, Plant, and Equipment. (PP&E) What are three common ways to overstate Fixed Assets? - -1. Inflated amounts are recorded in nonarm's-length pur...

Forensic Accounting Defined*** CORRECT ANSWER The science that deals with the relation and application of accounting facts to legal problems Objective of lost profit calculation CORRECT ANSWER Financially compensate the plaintiff for what the business would have done in absence of the harmful act. "Make whole" Lost Profits in Simplest Form CORRECT ANSWER Decrease in Revenue Change in Expenses Fraud Triangle CORRECT ANSWER Opportunity, Motivation, Rationalization Damage calculation...

SAS13 midterm 1: Winter 2024 Questions with 100% Correct Answers Robert Koch - Answer--Grandfather of microbiology!! -Created Koch's Postulates to definitively prove that microorganisms caused a disease -Furthered germ theory of disease -Foundational in pure cultures of microbes -Discovered the microbe causing tuberculosis - developed a "cure" based on tuberculin for TB but it was not effective in treating it (could actually kill people bc of the inflammatory response) hedwig koch - ...

CISA Exam 14, 13 mc, 10 mc 55 Questions with Verified Answers (CISA exam, adapted) Authentication is the process by which the: system verifies that the user is entitled to enter the transaction requested. user identifies him- or herself to the system. system verifies the identity of the user. user indicates to the system that the transaction was processed correctly. - CORRECT ANSWER system verifies the identity of the user. (CMA exam, adapted) Data processing activities may be classi...

CDEO EXAM PRACTICE QUESTIONS WITH COMPLETE SOLUTION | LATEST GRADED A+ 2023-2024. Hypertension - answerA condition in which the force of the blood against the artery walls is too high. HEDIS - answerHealthcare Effectiveness Data and Information Set HIPAA - answerHealth Insurance Portability and Accountability Act MPFS - answerMedicare National Physician Fee Schedule Multiple procedure rule - answerThe highest value code is paid at 100%. The second highest value code is paid at 50%. Each ad...

MPOETC Exam 1 Latest Update 100% Pass Role and Function of MPOETC comprised of 20 members appointed by Governor. Designated to terms of 3 years. It was established in 1974 to set minimum training standards for officer municipal police departments. It is comprised of 1 chairman and 19 additional members for a total of 20. Certification Is good for two (2) years Decertification Conviction of Misdemeanors one or two and All felonies are grounds to be decertified In-Service credit hours 12 in-ser...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

clicking the Tableau icon in the upper left corner of any page allows you to do what - visit the start page. Which data sources do Tableau allow you to access and build viz?· - excel, text file, Json file, microsoft office, and pdf file In the Worksheet tab, in the Data pane, Tableau assigns any fields that contain discrete categorical information to the Dimensions area. What goes under Measures? - measures are fields that can be averaged or summed. how do we add color in tabl...

CDEO EXAM QUESTIONS WITH COMPLETE SOLUTION GRADED A+ 2023/2024. Congestive Heart Failure - answerA chronic condition in which the heart doesn't pump blood as well as it should. Hypertension - answerA condition in which the force of the blood against the artery walls is too high. HEDIS - answerHealthcare Effectiveness Data and Information Set HIPAA - answerHealth Insurance Portability and Accountability Act MPFS - answerMedicare National Physician Fee Schedule Multiple procedure rule - an...