Multiple Choice
Which of the following is a preventative control?
A) Taking periodic inventory.
B) Leaving recently arrived inventory in a customer area prior to accepting it.
C) Periodically checking customer balances versus account write-offs.
D) Keeping inventory in a locked room that only a shift leader has the keys for.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Which of the following is NOT a
Q8: Explain how a detection of fraud may
Q9: Pattern data analysis is also known as:<br>A)
Q10: How does Internal Auditing help an organization?<br>A)
Q11: Where are fraud discovery personnel assigned within
Q13: Total Fraud Costs (TFC) =<br>A) Personnel Costs
Q14: Pressure/incentive typically relates to:<br>A) Situations in which
Q15: Describe the different ways in which fraud
Q16: Under Benford's Law:<br>A) All numbers should occur
Q17: Describe the fraud detection process.