Question 1

From the information given below,calculate the quick ratio.

Accepted Answer

A) 1.48 times 
B) 1.25 times 
C) 1.2 times 
D) 1.5 times

Question 2

An appropriate red flag search to detect kickbacks or other fraud being committed by vendors would include:

Accepted Answer

A) invoices without valid purchase order. 
B) employee and vendor telephone numbers are the same. 
C) purchase orders with zero dollar amounts by buyer. 
D) price increases greater than 30% for four consecutive years.

Exam 6: Data-Driven Fraud Detection

From the information given below,calculate the quick ratio.

An appropriate red flag search to detect kickbacks or other fraud being committed by vendors would include: