Fraud 3 - Which of the following is not a red flag sign of...

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Which of the following is not a red flag sign of a cash register disbursement scheme? Answer Selected Answer: Decreasing cash sales, relative to credit sales. Correct Answer: Unusually low inventory shrinkage. Question 2 2 out of 2 points In reference to a fictitious refund scheme which of the following is false? Answer Selected Answer: A fictitious refund scheme can never be detected by comparing the physical amount of inventory on hand to the inventory records. Correct Answer: A fictitious refund scheme can never be detected by comparing the physical amount of inventory on hand to the inventory records. Question 3 2 out of 2 points Which of the following is not a red flag that could indicate a register disbursement scheme? Answer Selected Answer: Cash register tape totals are balanced daily to the amount of cash in the cash register. Correct
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Answer: Cash register tape totals are balanced daily to the amount of cash in the cash register. Question 4
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This note was uploaded on 11/22/2011 for the course FRAUD 101 taught by Professor ? during the Spring '11 term at Post.

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Fraud 3 - Which of the following is not a red flag sign of...

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