Conflict of interest cases are more easily prevented than detected.

• A.False
• B.True

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Which of the following is NOT the aspect of inventory purchase?

• A.might be some fraud scheme in inventory.
• B.inventory for the year 2 will be much greater than year 1.
• C.Inventory purchases purposely increase in year 1 only to be liquidated in year 2.
• D.Increase sales in year 2 are unexpected and purchase of inventory does not keep pace with the sales.

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Which counts sometimes can give rise to inventory theft detection?

• A.Perpetual inventory counts
• B.Physical inventory counts
• C.None of the above
• D.Concealment inventory counts

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The fraudsters' interest lies with an employer other than a company.

• A.False
• B.True

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The forms that allow noncash assets to be moved from one location in a company to another can be used to facilitate the misappropriation of those assets are called:

• A.Fake sales
• B.All of the above
• C.Inventory usages
• D.Asset requisition

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