Which counts sometimes can give rise to inventory theft detection?

1. A. Perpetual inventory counts
2. B. Physical inventory counts
3. C. Concealment inventory counts
4. D. None of the above

Correct Answer: B

A journal in which all sales made on credit or cash are listed is:

1. A. Disbursement journal
2. B. Accounts receivable journal
3. C. Accounts payable journal
4. D. General journal

Correct Answer: B

Another way to eliminate competition in the solicitation phase of the selection process is to:

1. A. Solicit bid from fictitious suppliers
2. B. Solicit transaction from fictitious vendors
3. C. Solicit bid-splitting from fictitious vendors
4. D. None of the above

Correct Answer: A

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

A shell company scheme in which actual goods or services are sold to the victim company is known as:

1. A. Maintenance scheme
2. B. Allocation scheme
3. C. Distribution scheme
4. D. Pass-through scheme

Correct Answer: D