Detecting Internal Fraud Has Become Sophisticated

question 109

Multiple Choice

Detecting internal fraud has become sophisticated.Audit trails from key systems and personnel records are stored in data warehouses and subjected to __________ where things like excessive hours worked,unusual transactions,copying of huge amounts of data and other unusual patterns of behavior are identified.

• A)Security audits
• B)Pattern analysis
• C)Behavior recognition scans
• D)Anomaly detection analysis

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Definitions:

Fraudulent Misrepresentation

(1) The tort that occurs when a misrepresentation is made with intent to facilitate personal gain and with the knowledge that it is false. (2) In contracts, a false representation of a material fact that is consciously false and is intended to mislead the other party. Also called intentional misrepresentation.

Intent To Deceive

The deliberate intention to mislead or trick someone into believing something that is not true.

Nondisclosure

The failure to provide pertinent information about a projected contract.

European Courts

Judicial institutions in Europe, including the Court of Justice of the European Union and the European Court of Human Rights, which handle matters ranging from EU law to human rights issues.