Question
A company hired a highly qualified accounts payable manager who had been terminated from another company for alleged wrongdoing. Six months later, the manager diverted
A company hired a highly qualified accounts payable manager who had been terminated from another company for alleged wrongdoing. Six months later, the manager diverted $120,000 by sending duplicate payments of invoices to a relative. A control that might have prevented this situation would be to:
Select one:
a. Verify educational background for all new employees
b. Adequately check prior employment backgrounds for all new employees
c. Not hire individuals who appear overqualified for a job
d. Check to see if close relatives work for payable vendors
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