Blog

When dealing with fraud, what tends to be the most cost effective approach?

What is the most common reason that organizations do not prosecute occupational fraud?

Typically, every corruption scheme begins with what?

Bernie Madoff allegedly said, “You want to know how to get people to trust you with their money? You present it as an exclusive thing. Nothing on earth makes people want something more than telling them they can’t have it.” Which principle of persuation/influence does this quote most relate?

What does it mean if my product has higher unit volume growth than EQ volume growth?

Most people who commit fraud have a prior criminal conviction.

Financial reporting fraud is the most common type of fraud from a frequency standpoint noted in the ACFE Report to the Nations on occupational fraud.

A farmer selling bags of apples sold [fiveapples] bags last year that had 5 lbs of apples in each of them. He sold the same amount of 5 lbs bags this year.  However, he also introduced a new 10 lbs bag of apples to his customers and sold [tenapples] of those bags this year. What was the EQ volume growth from last year to this year? (Answer as a percentage number with once decimal i.e. 10.5% would be entered as 10.5 without the percentage sign)

Anything that raises the perception of detection in an organization directly lowers the risk of fraud.

An interviewee who completely repeats a question word for word is doing what?