Another way to eliminate competition in the solicitation phase of the selection process is to:

• A.Solicit transaction from fictitious vendors
• B.Solicit bid from fictitious suppliers
• C.Solicit bid-splitting from fictitious vendors
• D.None of the above

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Larceny by Fraud or deception means that:

• A.All of the above
• B.Fails to correct a false impression
• C.Fails to disclose a known lien, adverse claim or other legal impediment
• D.Creates or reinforce a false impression

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A typical issue involving material and fraud would be:

• A.Civil lawsuit
• B.Misappropriations
• C.Quality control
• D.Fraudulent statement

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Financial statement fraud is committed by:

• A.All of the above
• B.Organized criminals
• C.Mid and lower level employees
• D.Senior Management

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The most basic skimming scheme occurs when:

• A.An employee sells goods or services to a stakeholder, collects the stakeholder's payment and makes record of the sale too.
• B.An employee buy goods or services from a customer, drop the customer's payment, but makes no record of the purchase.
• C.An employee buy goods or services from a stakeholder, drop the stakeholder's payment and makes record of the purchase too.
• D.An employee sells goods or services to a customer, collects the customer's payment, but makes no record of the sale.

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