The act of an official or fiduciary person who unlawfully and wrongfully uses his station or character to procure some benefit, contrary to duty and rights of others is called:A . Conflict of interestB ....
One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.A . TrueB . FalseView...
According to a survey, in principal perpetrator, males in a majority of cases, accounting for ___ percent of frauds versus ___ percent in which a female was the primary culprit.A . 62 versus 36B ....
When a victim company purchases unnecessary goods or services from a supplier at the direction of the corrupt employee, this results in:A . Presolicitation schemeB . Need recognition schemeC . False sole-source schemeD . Submission...
A person is said to be in ________ act, when the business which he transacts, or the money or property which he handles, is not for his own benefit, but for another person:A . Fiduciary...
In ____________ scheme, a supplier pays an employee of the purchasing company to write specifications that will require amendments at a later date.A . Deliberate writing of vague specificationsB . Need recognitionC . False specificationD...
The seller’s price to the buyer is not fixed or determinable when:A . When the price is not contingent on some future eventsB . The transaction includes an option to exchange the product for others.C...
The most common method for billing scheme is:A . RegisterB . TipsC . AccidentD . None of the aboveView AnswerAnswer: B
Which of the following are the classifications for the Corruption?A . Bribery, economic extortion, illegal gratuities and conflicts of interestB . Corruption, bribery, economic extortion, conflicts of interestC . Overbilling, bribery, bid-ridding and illegal gratuitiesD...
A scheme is classified as a Conflict of interest:A . when an employee must have some kind of ownership or employment interest in the vendor submitting the invoice.B . when a salesman must have some...