Credit Card Fraud
Credit Card Fraud
- 1.
What constitutes as credit card fraud?
- A.
Unauthorised usage of credit cards
- B.
Misrepresentation of to obtain a credit facility
- C.
Internal staff or service provider associated with card centre resulting in misuse of confidential data or financial loss
- D.
All of the above
Correct Answer
D. All of the above -
- 2.
How many different points of risk are possible for credit card fraud?
- A.
4
- B.
2
- C.
8
- D.
5
Correct Answer
C. 8 -
- 3.
Which of the following represent sources of credit card risk? (More than one answer is possible)
- A.
Merchant
- B.
The applicant(cardholder)
- C.
Internal staff
- D.
Competitors
- E.
Courier company
Correct Answer(s)
A. Merchant
B. The applicant(cardholder)
C. Internal staff
E. Courier company -
- 4.
The applicant/cardholder could be involved in credit card through:
- A.
First party involvement
- B.
Credit card solicitation
- C.
Loan shark scam
- D.
Both A &B
- E.
Both B & C
Correct Answer
D. Both A &B -
- 5.
Internal staff could be involved in credit card fraud through:
- A.
Card intercept - dispatch / return
- B.
Manufacturing, procurement of compromised accounts or production, distribution & use of fraud cards
- C.
Selling sensitive information
- D.
Both A&B
- E.
Both A&C
Correct Answer
E. Both A&C -
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Current Version
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Dec 26, 2012Quiz Edited by
ProProfs Editorial Team -
Mar 15, 2009Quiz Created by
Noorak
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