Fraud risk management training materials—post-training assessment questions

Copyright © 2025 LexisNexis
Published by a LexisNexis Practice Compliance expert
Precedents

Fraud risk management training materials—post-training assessment questions

Copyright © 2025 LexisNexis

Published by a LexisNexis Practice Compliance expert

Precedents
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How to use this test

These questions are designed to test your understanding following training on fraud risk management.

After you have completed this test, please return it to [insert name].

General

Name of person completing test[Insert name]
Role[Insert role]
Date[Insert date]

Multiple choice questions

Circle the correct answer.

QuestionMultiple choice answers
1. What is fraud?(a) soliciting or accepting a bribe(b) A crime that involves deception or theft to gain an advantage(c) Exercising powers of ownership over a person
2. How can a company commit the failure to prevent fraud offence under the Economic Crime and Corporate Transparency Act 2023?(a) By not having reasonable measures in place(b) By having reasonable
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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Fraud definition
What does Fraud mean?

The offence of fraud under the Fraud Act 2006, s 1, may be committed by: (a) dishonestly making a false representation (to a person, or to any system or device) with a view to gain or with intent to cause loss or expose to a risk of loss; (b) dishonestly (and with a view to gain or with intent to cause loss, etc) failing to disclose information when under a legal duty to disclose it; or (c) dishonest abuse of position, with a view to gain or to cause loss, etc. It is irrelevant whether gain, loss or exposure to loss actually occurs.

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