Check tampering is unique among the disbursement frauds because:
a. the fraud perpetrator processes the transaction as if a customer were returning merchandise, even though there is no actual return.
b. it is the one group of schemes in which the perpetrator physically prepares the fraudulent check.
c. it is the one group of schemes in which the culprit generates a payment to himself or herself by submitting some false document to the victim company, such as an invoice or a timecard.
d. the perpetrator does not have to undergo the risk of taking company cash or merchandise.
b
FEEDBACK: a. Incorrect.
b. Correct.
c. Incorrect.
d. Incorrect.
You might also like to view...
Which of the following statements about the Internet's impact on marketing is not true?
A. The Internet has broadened the scope of marketing communications. B. The Internet has decreased the impact of brands. C. The Internet has increased the richness of marketing communications. D. The Internet has expanded the information intensity of the marketplace.
Which of the following is a reason why experiments may be hard to administer?
A) It may be impossible to control for the effects of the extraneous variables. B) Competitors may deliberately contaminate the results of a field experiment. C) Both A and B are reasons why experiments may be hard to administer. D) Neither A nor B is a reason why experiments may be hard to administer.
DRP refers to?
a. Demand requirements planning b. Distribution requirements planning c. Delay requirements planning d. Database requirements planning
The liability of an agent to a third person depends on the existence of authority and the manner of executing the contract
Indicate whether the statement is true or false