The person or persons who have access to ______ are often the targets of unethical vendors seeking an advantage in the process.

1. A. Bid-splitting
2. B. Sealed bids
3. C. General purchasing
4. D. Tailor specifications

Correct Answer: B

A technique by which checks are numbered using a new technique that is revealed by a colored highlighter pen or by a bright light held behind the check is called:

1. A. Microline numbering
2. B. Holographic safety border
3. C. Embossed pearlescent numbering
4. D. None of the above

Correct Answer: B

Which of the following search is used for unusually high incidence of returns and allowances scheme?

1. A. Allowances by vendors
2. B. Disposals of allowances than reorders
3. C. Returns and allowances
4. D. None of the above

Correct Answer: C

How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

1. A. One
2. B. At least two
3. C. More than two
4. D. None of above

Correct Answer: A

Most of the shell company schemes involve the purchase of goods rather than services.

1. A. True
2. B. False

Correct Answer: B