Melissa robinson Study guides, Class notes & Summaries

Acc505 module 3 quiz 2017 Last document update:   ago

Question Question 1 Which type of check tampering scheme is usually the most difficult to defend against? Concealed check Authorized maker Forged endorsement Altered payee Question 2 Check tampering includes both fraudulently preparing a company check for one's own benefit and intercepting a company check that is intended for a third party and converting it for one's own benefit. True False Question 3 Which of the following procedures can help prevent and detect the theft and conversion of outgo...

Saint acc505 midterm exam 2017 Last document update:   ago

Question Question 1 (2 points) Question 1 Running a computer program that compares adjustments to inventory to the void/refund transactions summarized by employee can detect which of the following schemes? Question 1 options: Skimming schemes Cash larceny schemes Register disbursement schemes All of the above Question 2 (2 points) Question 2 In order to prove that fraud occurred, four elements must be present. Which of the following is not one of those elements? Question 2 options: Reliance on...