SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
White Collar Crime Basics
Start Test
Study First
Subjects
:
law
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. An opthalmologist Who was convicted in 1984 for unnecessary eye surgeries
Health Maintenance Organization (HMO) characteristics
Technological gridlock
Jose Manaya
Payola
2. May 1995 - with charges that its three internationally known doctors --Ricardo Asch - Jose Balmaceda and Sergio Stone -- had taken eggs from women without consent and implanted them as embryos in others.
Technological gridlock
UCI fertility clinic case
Charles Keating
Olga Romani
3. He was an investment broker who illegally manipulated the stock market and in the process redefined the crime of insider trading(1985)
Will Black
Jimmy Swaggart
Ivan Boesky
Ponzi scheme
4. Was the Internet alias of Michael Calce - a high school student from the middle-class suburban area of the West Island in Montreal - Canada who launched a series of highly publicized denial-of-service attacks in February 2000 against large commercial
Blue Wall of Silence
White-collar crime
Mafiaboy
Penny stocks
5. Arrangement between a depositor and a bank (or other financial institution) under which the bank extends loan(s) to a certain borrower. The extent of the loan amount depends on the amount of credit balance maintained in the depositor's account.
Linked financing
John Dean
Health Maintenance Organization (HMO) characteristics
Medicaid
6. He testified against Nixon as well as other cabinet members in the Watergate hearings. His testimony helped led to the removal of several White House officials and the resignation of Nixon. Before his testimony he had been a White House lawyer.
Alan Cranston
Reciprocal lending agreements
Will Black
John Dean
7. Corporations are the same as psychos
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
8. To carry out immediate capital injections to the US banks. when public opinion was very strongly against bailing out highly-paid bankers and irresponsible banks. Recall also that in 1992 - then-Prime Minister Miyazawa wanted to help the banking syste
Japanese banking crisis/ characteristics
Land flips
John Dean
Estrella
9. Is a legal fiction used in the law to describe a situation where a person or entity gained an unfair advantage over another by deceitful - or unfair - methods.
Watergate
Oliver North
Fiduciary fraud
Cost of S & L scandal
10. Is a loan in the name of one party that is intended for use by another. A misapplication occurs when a financial institution insider uses his position to secure a nominee loan - either for himself or for another person - and the insider conceals his
Medicaid
Nominee loans
Hadacol
Computer crime - types
11. Too much ownership or property - including intellectual property - creates gridlock that results in underutilization of property and stunting of innovation.
Technological gridlock
Payola
Blue Wall of Silence
Orange County bankruptcy
12. The Federal Trade Commission stated that the publicity behind the tonic was 'false - misleading and deceptive' in representing the nostrum as 'an effective treatment and cure for scores of ailments and diseases.'
Olga Romani
Hadacol
Daisy chain
John McCain
13. A term used to describe unproven or fraudulent medical practices
Medical fraud
Computer crime - types
Land flips
Blue Wall of Silence
14. Trade jargon for bribes to promote certain records over the air
Techniques of neutralization
Cost of S & L scandal
Payola
Daisy chain
15. Orange County California became the largest municipality in U.S. history ever to file for bankruptcy. The financial difficulties leading to the bankruptcy were the direct result of an enormous gamble with public funds taken by a county treasurer Who
'Corporation' film
Orange County bankruptcy
Health Maintenance Organization (HMO) characteristics
Olga Romani
16. Exploiting control increases the 'take' from fraud; the need to maintain control causes the leaders to act like 'control freaks' over their citizens and employees; their ability to control their firms and nations makes it difficult to prosecute their
Computer crime - types
Multiple Employer Welfare Arrangements (MEWAs)
Control fraud characteristics
Rely tampons
17. In the 1980s - he ran American Continental Corporation and the Lincoln Savings and Loan Association - and took advantage of loosened restrictions on banking investments. and 5 US senators known as the Keating 5
Japanese banking crisis/ characteristics
Charles Keating
Ivan Boesky
Iran-Contra Affair
18. Investment operation that pays returns to investors out of the money paid by susequent investors - rather than profit.
Fiduciary fraud
Olga Romani
Keating Five
Ponzi scheme
19. Accounting firms are now forbidden from offering consulting services to clients if it posses a conflict of interest - and for the first time an independent oversight board has been established to oversee the industry.Executives also would not be allo
Medical fraud
Phoenician
Corporate Fraud Bill of 2002
Robert Citron
20. Are only one of many types of managed care arrangements. However - it is one of the oldest forms of managed care.more emphasis is placed on prevention and quality of care. There is also more opportunity to control health care costs in HMOs than in in
American Continental Corporation
Tightrope enforcement
Health Maintenance Organization (HMO) characteristics
Multiple Employer Welfare Arrangements (MEWAs)
21. A hotel -Oct. 1 - 1988 - Within five months the Federal Government found itself the unproud owner - keating - taking it over after Mr. Keating's Lincoln Savings and Loan and the parent company - the American Continental Corporation - declared bankrup
'Corporation' film
Ed Gray
Phoenician
Ponzi scheme
22. Crime committed on behalf of an organization
Insider trading
Daisy chain
Halcion
Organizational crime
23. The Keating Five were five United States Senators accused of corruption in 1989 - igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators - Alan Cranston (Democrat of Calif
Keating Five
Health Maintenance Organization (HMO) characteristics
Nominee loans
American Continental Corporation
24. Is a loan in the name of one party that is intended for use by another. A misapplication occurs when a financial institution insider uses his position to secure a nominee loan - either for himself or for another person - and the insider conceals his
Organizational crime
Payola
Ponzi scheme
Nominee loans
25. Microcap stocks - that are often not required to file reports to the SEC
Jimmy Swaggart
Penny stocks
Mafiaboy
Watergate
26. Was a real estate agency headed by Keating. Which later added on Lincoln Savings and Loan Association for $51 million - which left the company broke
American Continental Corporation
Medical abuse
'Corporation' film
John Dean
27. Involves the stealing of company funds by top executives who often work in groups of two or more
Oliver North
Jose Manaya
Collective embezzlement
Mafiaboy
28. A former fertility doctor who used his own sperm to impregnate his patients - without informing them.(1980s)
Japanese banking crisis/ characteristics
Alan Cranston
Cecil Jacobson
Nominee loans
29. Violations constitute a threat to the health of Americans and to the financial resources of the nation
Medicaid
Cost of S & L scandal
Blue Wall of Silence
Jimmy Swaggart
30. A brand of superabsorbent tampons made by Procter & Gamble starting in 1975. It was recalled from the market in September 1980 because it was linked to Toxic Shock Syndrome The recall cost Procter and Gamble over $75 million.
Tightrope enforcement
Rely tampons
Reciprocal lending agreements
Ivan Boesky
31. Defined by Edwin Sutherland as 'a crime committed by a person of respectability and high social status in the course of his occupation' White-collar crime therefore overlaps with corporate crime because the opportunity for fraud - bribery - insider t
White-collar crime
Nominee loans
Daisy chain
Mafiaboy
32. Is a United States federal law enacted on July 30 - 2002 - as a reaction to a number of major corporate and accounting scandals including those affecting Enron - Tyco International - Adelphia - Peregrine Systems and WorldCom. These scandals - which c
Sarbanes-Oxley Act
Oliver North
Penny stocks
Blue Wall of Silence
33. Were doctors charge extra for one session - unnecessary charges - and billing without an actual visit
Medical abuse
Fiduciary fraud
Cecil Jacobson
Payola
34. Crime committed on behalf of an organization
Rely tampons
Organizational crime
Reciprocal lending agreements
Major locations of S & L fraud
35. Irvine. Miami
Reciprocal lending agreements
Health Maintenance Organization (HMO) characteristics
Major locations of S & L fraud
UCI fertility clinic case
36. (1) electronic embezzlement and financial fraud; (2) computer hacking ; (3) malicious sabotage - including the creation - installation - or dissemination of computer viruses; (4) Internet scams; (5) utilization of computers and computer networks for
Jimmy Swaggart
Iran-Contra Affair
Computer crime - types
Reciprocal lending agreements
37. Buying or selling corporate stock by a corporate officer or other insider on the basis of information that has not been made public and is supposed to remain confidential
Insider trading
Tightrope enforcement
John McCain
'Corporation' film
38. Chair of the Federal Home Loan Bank Board eared that the savings industry's risky investment practices were exposing the government's insurance funds to huge losses. for the keating 5
Corporate Fraud Bill of 2002
Alan Cranston
Oliver North
Ed Gray
39. Has to do with medical fraud
John McCain
Tightrope enforcement
Hadacol
'Corporation' film
40. A term used to describe unproven or fraudulent medical practices
Hadacol
Medical fraud
Jose Manaya
Penny stocks
41. Investment operation that pays returns to investors out of the money paid by susequent investors - rather than profit.
Enron
Ponzi scheme
ABSCAM
Sarbanes-Oxley Act
42. Are similarly designed to evade restrictions on insider loans. these arrangements were used extensively in the mid-1980s by thrift officers and directors who - instead of making loans directly to themselves-which would have sounded the alarm among re
Mafiaboy
Reciprocal lending agreements
Telecommunications and traditional enforcement strategies
Land flips
43. Are similarly designed to evade restrictions on insider loans. these arrangements were used extensively in the mid-1980s by thrift officers and directors who - instead of making loans directly to themselves-which would have sounded the alarm among re
Nominee loans
Robert Citron
Reciprocal lending agreements
Multiple Employer Welfare Arrangements (MEWAs)
44. Involved Dow chemicals which caused strange deformities to some living things in the area
Health Maintenance Organization (HMO) characteristics
Ivan Boesky
Ponzi scheme
Hemlock - Michigan
45. A treasurer-tax collector of the OC - who declared chapter 9 bankruptcy taxed and charged larged interest rates to save OC which left the OC nearly bankrupt
Rely tampons
Occupational crime
Enron
Robert Citron
46. Was a political scandal in the United States which came to light in November 1986 - during the Reagan administration - in which senior US figures agreed to facilitate the sale of arms to Iran - the subject of an arms embargo - to secure the release o
Organizational crime
Linked financing
Iran-Contra Affair
Corporate Fraud Bill of 2002
47. Was a political scandal in the United States which came to light in November 1986 - during the Reagan administration - in which senior US figures agreed to facilitate the sale of arms to Iran - the subject of an arms embargo - to secure the release o
Ivan Boesky
Nominee loans
Iran-Contra Affair
Sarbanes-Oxley Act
48. Buying or selling corporate stock by a corporate officer or other insider on the basis of information that has not been made public and is supposed to remain confidential
Insider trading
ABSCAM
'Corporation' film
Will Black
49. Were doctors charge extra for one session - unnecessary charges - and billing without an actual visit
Charles Keating
Organizational crime
Medicaid
Medical abuse
50. Violations constitute a threat to the health of Americans and to the financial resources of the nation
Rely tampons
Medicaid
Technological gridlock
Ivan Boesky
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests