_______ can be detected by closely examining the documentation submitted with the cash receipts.

1. A. Voided purchases
2. B. Fictitious refunds
3. C. Approved transaction
4. D. None of the above

Correct Answer: B

Inventory shrinkage is the unaccounted-for reduction in the company??s inventory that does not results from theft.

1. A. True
2. B. False

Correct Answer: B

Which of the following are the classifications for the Corruption?

1. A. Bribery, economic extortion, illegal gratuities and conflicts of interest
2. B. Corruption, bribery, economic extortion, conflicts of interest
3. C. Overbilling, bribery, bid-ridding and illegal gratuities
4. D. economic extortion, bribery, illegal gratuities and corruption

Correct Answer: A

Skimming cases can more likely to be detected by:

1. A. Internal audits
2. B. Accidents
3. C. Internal controls
4. D. occupational frauds

Correct Answer: B

Multiple cashiers operate from a single cash drawer without separate access codes is a red flag for:

1. A. Fraudulent scheme
2. B. Disbursement scheme
3. C. Register scheme
4. D. Force inventory scheme

Correct Answer: C