Methods Used to Conceal Check Tampering Schemes Include All of the Following

question 20

Multiple Choice

Methods used to conceal check tampering schemes include all of the following except:

• A) Falsifying the disbursements journal
• B) Forced reconciliation
• C) Check kiting
• D) Re-altering the canceled checks

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Definitions:

IRR

Internal Rate of Return; a metric used in capital budgeting to estimate the profitability of potential investments.

Probability Distributions

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Portfolio Theory

A body of thought aimed at forming investment portfolios that minimize risk for a given return.

Risk Adjusted Returns

Financial returns that have been modified to consider the risk involved in achieving those returns, allowing for a more accurate comparison of different investments.