Report Writing Flashcards
If qualified as an expert on such matters, the Certified Fraud Examiner (CFE) may issue an opinion on which of the following when reporting the results of fraud examination matters?
A. The adequacy of the entity’s internal controls
B. Whether the entity’s financial statements conform to generally accepted accounting principles
C. The effectiveness of the entity’s operations
D. All of the above
D. All of the above
Characteristics of a well-written fraud examination report include which of the following?
A. Accuracy
B. Impartiality
C. Clarity
D. All of the above
D. All of the above
Which of the following statements concerning documentation in a formal fraud examination report is MOST ACCURATE?
A. A reference to any important documents is sufficient.
B. Copies of important documents should be included in the report or in the attached appendices.
C. The originals of important documents should be included in the report.
D. A reference to the current location where the original documents can be found is sufficient.
B. Copies of important documents should be included in the report or in the attached appendices.
When drafting a written fraud examination report, fraud examiners should, whenever possible, include technical jargon to demonstrate expertise in the accurate detection of fraud.
A. True
B. False
False
A fraud examiner is planning how to organize and present information in the report-writing stage of a fraud examination. Which of the following statements is MOST ACCURATE?
A. The fraud examiner should only present the information chronologically.
B. The fraud examiner should present the information either by transaction or by party.
C. The fraud examiner should present the information either by transaction or chronologically.
D. The fraud examiner should present the information alphabetically in relation to parties and document titles.
C. The fraud examiner should present the information either by transaction or chronologically.
When reporting the results of a fraud examination, the Certified Fraud Examiner (CFE) generally should include their opinion regarding the credibility of the witnesses.
A. True
B. False
False
When drafting a fraud examination report, fraud examiners should write with the expectation that the report’s information might be made accessible to various third parties, including opposing legal counsel, media outlets, and company stakeholders.
A. True
B. False
True
The fraud examiner should document the details of an interview as soon as possible after the interview date.
A. True
B. False
True
A fraud examiner is preparing the fraud examination report at the conclusion of a fraud investigation. When including information regarding the interviews conducted during the examination, the fraud examiner should:
A. Include only the facts provided by the witnesses that directly support the fraud allegation.
B. Include all information provided by all the witnesses, regardless of the relevance.
C. Use signed copies of notes from the interviews as the primary recording document.
D. Report the details of each witness interview in a separate memorandum.
D. Report the details of each witness interview in a separate memorandum.
Unlike a fraud examination report, an expert report should include specific information detailing the fraud examiner’s opinions of a case, as well as the fraud examiner’s qualifications and bases for providing those opinions.
A. True
B. False
True
Which of the following would NOT be an acceptable section to include in a written fraud examination report?
A. A follow-up or recommendations section for recommendations related to procedures and controls
B. A findings section that summarizes the facts and findings of the examination
C. A scope section that describes the range of issues reviewed in the examination
D. A conclusion section that evaluates the guilt or innocence of the suspect(s)
D. A conclusion section that evaluates the guilt or innocence of the suspect(s)
Which of the following is a recommended method for organizing and presenting information in a fraud examination report?
A. By party
B. By the order in which the information was discovered
C. Chronologically
D. All of the above
C. Chronologically
All written fraud examination reports MUST include a follow-up/recommendations section.
A. True
B. False
False
When preparing a fraud examination report, which of the following opinions is permissible to include in the report?
A. Opinions on a party’s guilt
B. Expert opinions regarding technical matters
C. Opinions on the veracity of witnesses
D. None of the above
B. Expert opinions regarding technical matters
Because the laws of evidence generally protect written fraud examination reports from being disclosed to adverse third parties, fraud examiners can prepare written reports with the understanding that the information will NOT be disclosed to anyone outside the company.
A. True
B. False
False
