Which of the following would NOT be helpful in the prevention of expense reimbursement schemes?

• A.Requiring all receipts to be submitted electronically
• B.Comparing current expenses to budgeted expense amounts
• C.Requiring employees to explain the specific business purpose of each expense
• D.Comparing current expenses to historical expenditure amounts

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Brenda was a cashier at a retail store. When Brenda's friend shopped at the store, she would take her merchandise to Brenda's cash register. Instead of charging her friend, Brenda would record a No-Sale transaction on the register, and her friend would pretend to pay for the merchandise. Brenda's friend would leave the store without paying for the merchandise, and the two would later divide the merchandise between themselves. This scheme can BEST be described as:

• A.A false sale scheme
• B.A purchasing and receiving scheme
• C.A register disbursement scheme
• D.A skimming scheme

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___________ allows the fraud examiner to inspect key attributes on a smaller portion (or sample) of those documents.

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Which of the following factors is NOT included in most financial statement schemes?

• A.Persuasive Evidence
• B.Fictitious revenues
• C.Improper asset valuations
• D.Concealed liabilities and expenses

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Which of the following is a reason why prepaid debit and gift card fraud schemes are attractive to fraudsters?

• A.Prepaid cards are difficult for authorities to track after the cards have been purchased and activated for use.
• B.Prepaid cards can only be purchased from financial institutions.
• C.Prepaid cards are often not accepted by online retailers and can only be used in transactions where the cards must be physically present.
• D.All of the above are reasons why prepaid cards are attractive to fraudsters.

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