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NEW QUESTION 54
A financial manager who pressures investors to take regular payouts rather than to reinvest their profits is a red flag of a Ponzi scheme.

A. TrueB. False

Answer: A

Explanation:
Explanation/Reference: https://www.investor.gov/protect-your-investments/fraud/types-fraud/ponzi-scheme

 

NEW QUESTION 55
Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

A. Disbursement schemeB. Fraudulent schemeC. Register schemeD. Force inventory scheme

Answer: C

 

NEW QUESTION 56
Which of the following is a FALSE statement regarding check fraud?

A. A check fraud operation can be started with a computer, scanner, and printer.B. Check fraud is considered very risk due to the high likelihood of prosecution.C. The penalties for committing check fraud tend to be relatively mild.D. The equipment required to commit check fraud is relatively inexpensive.

Answer: C

Explanation:
Explanation/Reference: https://www.lifelock.com/learn/fraud/what-is-check-fraud

 

NEW QUESTION 57
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