Free Access to ACFE.CFE-Financial-Transactions-and-Fraud-Schemes.v2023-01-29.q93 with Valid Practice Test (Page 11)

Which of the following is the MOST LIKELY result of a financial statement fraud scheme?

All of the following items appear on the balance sheet EXCEPT:

All of the following methods are useful in the detection of cash larceny schemes EXCEPT:

A voucher is:

A.a report that includes the purchase order that was send to the vendor, the vendor invoice listing the quality and quantity of items purchased, and the external receiving reports that verify the items have been sold.
B.a figure that includes the sale order that was send to the dealer, the vendor invoice listing the cost and quantity of items sold, and the internal receiving reports that verify the purchased items have been delivered.
C.a mammogram that includes the purchase order that was send to the purchaser, the purchaser invoice listing the benefits and quantity of items purchased, and the internal receiving reports that verify the purchased items have been sold.
D.a file that includes the purchase order that was send to the vendor, the vendor invoice listing the cost and quantity of items purchased, and the internal receiving reports that verify the purchased items have been delivered.

Which of the following is NOT standard of generally accepted accounting principles?

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