Corporate Fraud and Internal Control Workbook: A Framework for Prevention

Chapter Nine

Investigating Fraud

ANSWERS: FILL IN THE BLANKS

1. reactive

2. identity theft protection program

3. clusters

4. supervision, execution

5. short-term goals, crisis management

6. personal

7. heavy drinking, sexual activity

8. vacation, sick

9. financial reach

10. careless with facts, contributions of others, betrayal

11. Opportunistic fraudsters

12. Repeat fraudsters, internal control, detection

13. Organized fraudsters

14. book sales prior to payment, obsolete inventory

15. accounts receivable

16. accounts payable, inventory levels

17. employee reimbursements

18. computerized, disappeared, reduced

19. ineffective, red flag

20. amended, altered, handwriting

21. dates, signatures, employer information, new funding

22. calculations of taxation

23. creditworthiness

24. insurance companies, insurance policies, Social Security benefits

25. medical records fraud, treatment centers

26. changed materially

27. substantiated

28. patient fraud

29. Incurred cost, cost-plus

30. direct and indirect labor costs

31. subcontractors, inflated, kickbacks

32. procurement procedures, appropriateness

33. early resolution

34. Predication, has, is, will

35. conflict of interest

36. available data, hypothesis, testing the hypothesis, amending the hypothesis

37. motivation, opportunity, means, method

38. initial investigation

39. presumption of innocence

40. decrease

41. action plan, scope ...