12 January 2021

Fraud prevention is better than cure

In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again.

  1. On average, how much does a single case of fraud cost an organisation?

  2. What is the general attitude towards fraud at most organisations?

  3. Which of the following is not part of a fraud risk assessment?

  4. Which of the following is not part of the four-step approach?

  5. Which of the following is not a fraud risk category?

  6. Which of the following factors is not critical to a successful fraud risk assessment exercise?

  7. Which of the following would not be updated on the fraud risk register after an assessment?

  8. Which of the following is unlikely after a single case of fraud?

  9. Which of the following is the fraud risk management team not attempting to safeguard?

  10. Which of the following steps would not add value in a fraud risk environment?

1 Unit