Basic Fraud Test! Trivia Facts Quiz
5 Questions
| Attempts: 355
Questions and Answers
- 1.What are the two type of fraud?
- A.
Application and Identity
- B.
Application and Transaction
- C.
Transaction and Identity
- D.
None of the above
- 2.Upon notification by a customer who claims fraud or identity theft, WeberOlcese shall continue all collection efforts until the claim has been investigated bythe client?
- A.
True
- B.
False
- 3.Upon notification of a customer who is claiming fraud, an employee should:
- A.
Do nothing further.
- B.
Request that the file be closed.
- C.
Add the XCM and XFRD to the file.
- D.
None of the above.
- 4.Which of the following is considered a behavioral red flag for fraud?
- A.
Unwillingness to share job duties
- B.
Taking all allotted vacation days each year
- C.
A work area that is abnormally messy
- D.
Excessive sharing of family accomplishments
- 5.The process of money laundering can be divided into three main stages. They are:
- A.
Placement, layering, integration
- B.
Conspiracy, concealment, forgery
- C.
Theft, subterfuge, spending
- D.
Crime, using a broker, anonymizing assets
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