Insider fraud Quiz

1. What is a common warning sign of check tampering?

A. Voided or missing checks B. Increasing cash to total current assets C. Decreasing accounts receivables

2. Which of the following is an example of payroll fraud?

A. Altered endorsements B. Ghost Employees C. Duplicate checks

3. What is a key characteristic of skimming schemes?

A. Money is taken after it is recorded in the company's books B. Money is taken before it is recorded in the company's books C. Money is taken by altering payroll records

4. Which of the following is a red flag for bribery or kickbacks?

A. Decreasing purchases from one vendor B. Excessive purchasing of goods or services C. Decreasing accounts receivables compared with cash

5. What type of fraud involves submitting phony documentation for reimbursement?

A. Mischaracterized Expenses B. Fictitious Expenses C. Multiple Reimbursements

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