Which of the following is not true of billing schemes?
A. The perpetrator takes physical possession of his/her employer's cash
B. The perpetrator often sets up a "dummy" company
C. It is one of the most commonly committed disbursement schemes
D. It usually involves dealing with the victim organization's purchasing department
Answer: A
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Fraud Chapter 14
- One key element of skimming is that cash is taken:
- "Putting someone on the payroll who does not actually work for the victim company" is an example of a(n):
- Which of the following is not one of the ACFE's types of fraudulent disbursement?
- Which of the following is not considered a misappropriation of assets?
- Which of the following results in the highest loss per case?
- Which of the following types of disbursement fraud occurs least frequently?
- Which of the following is a major difference between larceny and skimming?
- The most affected party in a workers' compensation fraud case is which of the following?
- Which of the following is not one of the most common billing schemes?
- Out of all the types of frauds discussed in this chapter, which type is perpetrated least often?
- What are the three major classes of asset misappropriation?
- Most frauds against organizations are perpetrated by: