Question

1. In the 2006 Report to the Nation on Occupational Fraud and Abuse, the median loss in schemes committed by males was higher than the losses in schemes committed by females.

a. True

b. False

2. In the 2006 Report to the Nation on Occupational Fraud and Abuse, most frauds were initially detected during an external audit.

Question 2 options:

	True
	False

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Question 3 (1.4 points)

3. Joel Baker, a customer of ABC Electronics, stole a box containing computer games while the sales associate waited on another customer. Which of the following could Joel be charged with?

Question 3 options:

	Larceny
	Embezzlement
	Fraud
	5. Your book discusses Donald R. Creesey's final hypothesis regarding "trust violaters" and the "fraud triangle." What are the three (3) legs of the fraud triangle? Question 5 options:

Answer 1

Solution 1:

True, In the 2006 Report to the Nation on Occupational Fraud and Abuse, the median loss in schemes committed by males was higher than the losses in schemes committed by females

Solution 2:

False, In the 2006 Report to the Nation on Occupational Fraud and Abuse, most frauds were initially detected from tips.

Solution 3:

Joel Baker should be charged for "Larceny"

Hence first option is correct.

Note: Option of question 5 are missing, therefore same is not attempted.