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 inventory is to alter shrinkage record so that it matches the physical inventory count.
• D.to conceal shrinkage is to change the perpetual inventory record so that it matches the physical inventory count.

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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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What can make it easy for an employee to skim sales or receivables?

• A.Revenue sources and recording procedures
• B.Register manipulations and recording procedures
• C.Internal audits and recording procedures
• D.Poor collection and recording procedures

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Which of the following is true for Red flags associated with fictitious revenues?

• A.A significant volume of sales to entries whose substance and ownership is not known.
• B.Usual growth in the number of days purchase in receivables
• C.Slow growth or usual profitability, when not compared to other companies in the same industry.
• D.A usual surge in purchase by a majority of units within a company, or of purchase recorded by corporate headquarters.

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The most common method of detection in corruption cases is:

• A.Internal audits
• B.Internal controls
• C.Tips
• D.By accident

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