Which of the Following Is Not a Category of Employee

question 169

Multiple Choice

Which of the following is not a category of employee fraud?

• A) Corruption
• B) Asset misappropriation
• C) Financial statement fraud
• D) Internal controls

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Definitions:

Collateralized Debt Obligation

A complex structured finance product that pools together cash flow-generating assets and repackages this asset pool into tranches that can be sold to investors.

CDO

Collateralized Debt Obligation, a type of structured asset-backed security (ABS) with multiple tranches that is issued by special purpose entities and collateralized by debt obligations.

Zero-Coupon Bond

A bond that does not pay periodic interest payments and is instead issued at a significant discount to its face value and pays its full face value at maturity.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date, taking into account its current market price, par value, coupon interest rate, and time to maturity.