Jones is an accounts payable clerk at Smith Company. He intentionally sent the wrong vendor a check for some supplies. He then called the vendor, explained his “mistake”, and requested that the vendor mail back the check. Jones then intercepted the returned check and deposited it in his own account. What type of scheme did he commit?
Which of the following is the MOST ACCURATE statement about the different types of malware?
To help prevent fraudulent billing schemes, it is recommended that companies combine the purchasing and payment functions.
Green was a salesperson whose job required frequent travel. When Green went on a trip with her family that was not business related, she saved the receipts from her flight, hotel, and restaurant expenses. She turned in these receipts to her manager along with an expense report that described the expenses as business related. Green’s company reimbursed her for the expenses. This is an example of what type of expense reimbursement scheme?
Which of the following is the MOST LIKELY result of a financial statement fraud scheme?
Which of the following is a red flag that might indicate the existence of a need recognition scheme?
