Economic extortion Study guides, Class notes & Summaries

CMY3706 WITH 100% VERIFIED QUESTIONS AND ANSWERS South African common law defines kidnapping as follows: - ANSWER-"it consists in unlawfully and intentionally depriving a person of his or her freedom of movement and/or, if such a person is a child, the custodians of their control over the child" kidnapping can include a broad range of actions that can be associated with other criminal acts, such as - ANSWER-hijacking or robbery Kidnapping for ransom is associated with instances wh...

Boiler Room - An outbound call center; sells questionable investments. Extortion - Acquiring through force or fear. Current Ratio - Current assets divided by current liabilities; Embezzlement decreases ratio; Liability concealment increases ratio. Scooter Scam - Billing for low quality/unnecessary products. Sliding - Adding insurance coverage without notifying client; insurer makes more money, client makes no claims. Debits - Increases asset/expense accounts; On the left side; Decreases l...

CFE Exam - Financial and Fraud Schemes UPDATED Exam Questions and CORRECT Answers Illegal gratuity - Correct ANSWER- Items to reward a decision after the recipient made the decision. Like a bribe Extortion - Correct ANSWER- getting money by threats Economic extortion - Correct ANSWER- When employee demands money through threats Kickbacks - Correct ANSWER- Improper undisclosed payments made to obtain favorable treatment

Illegal gratuity - Items to reward a decision after the recipient made the decision. Like a bribe Extortion - getting money by threats Economic extortion - When employee demands money through threats Kickbacks - Improper undisclosed payments made to obtain favorable treatment Three ways to prove corrupt payments - 1. Turn an inside witness 2. Secretly infiltrate ongoing transactions 3. Identify and trace corrupt payments through audit trail Inventory shrinkage - Loss of inventory resultin...

CMY3706 WITH 100% VERIFIED QUESTIONS AND ANSWERS South African common law defines kidnapping as follows: - ANSWER-"it consists in unlawfully and intentionally depriving a person of his or her freedom of movement and/or, if such a person is a child, the custodians of their control over the child" kidnapping can include a broad range of actions that can be associated with other criminal acts, such as - ANSWER-hijacking or robbery Kidnapping for ransom is associated with instances wh...

Computer Security is concerned with - Answer-risk management, confidentiality, integrity and the availability of the electronic information that is processed and stored within a computing system Risk Management - Answer-includes the recognition, consequences, and assessment of risk to a computer's assets, and developing strategies to manage and protect them What is the key aspect of an Intranet? - Answer-privacy How is intranet different from internet? - Answer-Everything is the same (stil...

big data - Answer-Sets of data that are too large to be gathered and analyzed by traditional methods. law of large numbers - Answer-A mathematical principle stating that as the number of similar but independent exposure units increases, the relative accuracy of predictions about future outcomes (losses) also increases. data mining - Answer-The analysis of large amounts of data to find new relationships and patterns that will assist in developing business solutions. text mining - Answer-Obt...

CHAPTER 11 – TRANSNATIONAL ORGANIZED CRIME Multiple Choice 1. La Cosa Nostra refers to groups of organized crime within which ethnicity? A. Italian B. French C. Japanese D. Spanish ANS: A REF: 261 OBJ: 1 2. Which of the following is an example of the provision of illicit goods and services? A. Fraud B. Extortion C. Illicit arms trafficking D. Corruption using intimidation ANS: C REF: 262 OBJ: 2 3. The infiltration of business or government is not characterized by the following? A. Bus...

CFE Exam - Financial and Fraud Schemes!!

CMY3706 WITH 100% VERIFIED QUESTIONS AND ANSWERS South African common law defines kidnapping as follows: - ANSWER-"it consists in unlawfully and intentionally depriving a person of his or her freedom of movement and/or, if such a person is a child, the custodians of their control over the child" kidnapping can include a broad range of actions that can be associated with other criminal acts, such as - ANSWER-hijacking or robbery Kidnapping for ransom is associated with instances wh...