Examlex
A teller at a savings and loan drive-through accepted a cash payment from customer #1 for an auto loan.The teller appeared to process the payment,but told the customer the printer was jammed and she can't print a receipt.The customer accepted the excuse and drove away.The teller pocketed the cash and wrote down customer #1's loan number and payment amount for future reconciling.A couple of days before customer #1's monthly statement was printed,the teller recorded a cash payment from customer #2 as if it were made by customer #1.The teller pocketed the difference between the two payments.The teller continued to steal and misapply customer payments for the next two years without detection.
Identify the type of fraud scheme described.Describe five controls you would implement to address the fraud risk,and label each control as preventive or detective.
Large Organizations
Entities characterized by complex structures and large scale, often involving multiple layers of bureaucracy and a wide range of functions and activities.
Coordinating Mechanism
Systems or processes implemented to ensure different parts of an organization work together efficiently towards common goals.
Formal Hierarchy
The structured and clear division of authority and responsibility in an organization, usually depicted in an organizational chart.
Front-Line Workers
Employees who are directly involved with the production of goods or provision of services, often interacting with customers or clients.
Q12: Systems that do not meet company need
Q27: Information rights management software can do all
Q35: Which of the following is not an
Q44: Individuals who buy the malware are referred
Q61: Describe end-user computing and the advantages and
Q73: The two most common types of fraud
Q81: Describe what information security process the term
Q86: A fraud technique that slices off tiny
Q102: How do users retrieve data stored in
Q110: Although Gillette uses canned software in its