One way to prevent employee collusion with a dishonest vendor is to:

		Make sure the employee procuring the services is not the one issuing the payment
		Conduct background check of suppliers.
		Make sure the employee procuring the services is also the one verifying the receipt of the goods or services and the one issuing the payment
		Have the vendor complete a questionnaire

What rules/ policies are important when a company provides an employee a company credit card?

Which are true in regard to check fraud? (check all that apply)

		75%-90% of check fraud cases are pursued.
		The two common types of check fraud are checks written on insufficient funds or checks written on an account that the check passer knows is closed.
		Counterfeit checks are easy to create and almost impossible to identify.
		New bank laws make check kiting easier because of floating.

A shipping employee is shipping goods to an accomplice and writing up fictitious sales orders to justify the shipments. Which of the following internal control measures is missing that would likely reveal or prevent this theft?

		Employee Background Check
		Segregation of duties
		Proper documentation, monitored properly.
		both proper documentation and segregated duties

Which one the inventory theft prevention measures is classified as - 'establishing an inventory system for storing and counting inventory'?

		An electronics shop employee physically counts items on a random basis and compares the count to the perpetual inventory record
		The warehouse is always locked and access is limited to authorized persons who have keycards
		A graph of each months gross margin percentage for the last year is reviewed monthly
		In a restaurant, the kitchen does not prepare a dish until a sales order is entered in the computer