This sets the threshold for determining material misstatements in an engagement?
What is materiality.
100
What furry creatures were chipwrecked in their 3rd movie?
Who are Alvin and the Chipmunks.
100
What do we use to help us find fraud during a claims audit?
What are fraud extracts.
100
What audit tool depicts a process using shapes and arrows?
What is a flowchart.
200
Who was the 2012 1st quarter MVA.
Who was Rick King.
200
Who won the 2012 Superbowl?
Who are the New York Giants.
200
What technique is used to obtain information from persons involved or closely related to a fraud investigation?
What is interviewing.
200
What is the name of the meeting conducted typically on the first day of an audit?
What is the opening meeting.
300
What does the abreviation GAAP stand for?
What is Generally Accepted Accounting Principles.
300
Who won the latest American Idol?
Who is Phillip Phillips.
300
Theft of company money is considered what type of fraud?
What is asset missappropriation.
300
The identification of the audit procedures followed during an audit, is an example of?
What is the audit program.
400
This is an example of what kind of control:
The person who approves the purchase of goods or services should not be the person
who reconciles the monthly financial reports.
What is segregation of duties.
400
Which actress/reality tv star is engaged to Eric Johnson?
Who is Jessica Simpson.
400
What is the designation sought after for a fraud auditor?
What is Certified Fraud Examiner (CFE).
400
The deliverable to the client upon completion of a review?
What is the audit report.
500
An as needed, rate change control at a medium risk significance, has a population of 15 rate changes from January 1, 2012 to March 31, 2012. What is the testing sample at July 31st?
What is 6.
15/3=5 * 12 months = 60*10% = 6
500
Name one of the new X-Factor USA judges joining Simon Cowell this year.
Who is Britney Spears or Demi Lovato.
500
According to Kemper Corp policy, who are the 3 individuals that must be notified of any fraud or potential fraud on the part of any member of management?
Who are the Kemper Director of Internal Audit, Kemper CFO and Kemper General Counsel.
500
Definition: the potential that a given threat will exploit vulnerabilities of an asset and thereby cause harm to the organization.