Which of the following search is used for unusually high incidence of returns and allowances scheme?

• A.Disposals of allowances than reorders
• B.None of the above
• C.Allowances by vendors
• D.Returns and allowances

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Placing any restriction in the solicitation documents that tend to restrict competition is called prebid solicitation.

• A.True
• B.False

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Inventory shrinkage is the unaccounted-for reduction in the company's inventory that does not results from theft.

• A.False
• B.True

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If the assets are intentionally purchased by the company but simply misappropriated by the fraudster, this is referring to as:

• A.Inventory larceny scheme
• B.Falsify shipping
• C.Fraudulent purchase
• D.Asset receiving scheme

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Forced reconciliation of the account says:

• A.to conceal shrinkage is to alter inventory record so that it matches the physical inventory count.
• B.to conceal write-offs is to change the perpetual inventory record so that it matches the physical inventory count.
• C.to conceal shrinkage is to change the perpetual inventory record so that it matches the physical inventory count.
• D.to conceal inventory is to alter shrinkage record so that it matches the physical inventory count.

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