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1. Which of the following Is one of the components of the Committee of Sponsoring Organizations of the Treadway Commission's (COSO) Enterprise Risk Management--Integrating with Strategy and Performance?
A) Operating environment
B) Governance and culture
C) Risk tolerance
D) Independent monitoring
2. Fraud risks related to regulatory and legal misconduct include all of the following EXCEPT:
A) Insider trading
B) Conflicts of interest
C) Anti-competitive practices
D) Fraudulent customer payments
3. ABC. Inc. is a publicly traded, multi-national corporation. Which of the following statements is TRUE regarding the corporate governance requirements that ABC is subject to?
A) ABC is subject to the Universal Corporate Governance Act because it is a publicly traded corporation.
B) ABC is not required to comply with any corporate governance requirements because it operates in multiple jurisdictions
C) ABC must comply with specific listing standards for the stock exchange(s) on which it is listed
D) ABC is required to comply with G20/OECD Principles of Corporate Governance
4. Which of the following is NOT one of the three elements that have the most influence on crime according to the routine activities theory?
A) The availability of suitable targets
B) The presence of motivated offenders
C) The lack of societal ethics
D) The absence of capable guardians
5. Having specialized departments within a company often increases the overall risk ot traud by the organization.
A) False
B) True
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |
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