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ACC 556 Week 1 Sherlock Homes
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ACC 556 Week 1 Sherlock Homes
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ACC 556 Week 1 Short Answer Quiz
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INDIVIDUAL ASSIGNMENT
Complete the Week 1 Short Answer Quiz.
Click the Assignment Files tab to submit your assignment as a
Microsoft® Word document.
1. What is the Association of Certified Fraud Examiners (ACEF) and
what do they do? –
2. Define fraud.
3. Distinguish between fraudulent financial statements, asset
misappropriation and corruption.
4. Using Table 1.1 Types of Fraud, define employee fraud and
management fraud and identify the victim and perpetrator in each type
of fraud.
5. Who commits fraud?
6. Describe each of the elements of the Fraud Triangle.
7. List the 4 main groups of pressures and give 2 examples of each.