report What red flags are commonly associated with the cash register 3. How do pay and return schemes work? 4. What are the five principal categories of check tampering? & What are the differences between for maker and forged endorsem schemes? 6. How can then and serion of outgoing company checks be prevenica or detected 1. How do frulent distrements at the cash register fraude? eo for fictitious C. Creating a check to an employee for fictitious D. Creating a check and altering the payee a at the signed ons of the gets both rus both the MULTIPLE CHOICE QUESTIONS 1. Which of the following is not one of the five major categories of fraudulent disbursements? A Payroll schemes B. Expense reimbursement schemes C. Shell company schemes D. Billing schemes 2. Which of the following is the first step to form a shell company A. Obtain a certificate of incorporation from the state B. Open a bank account C. Obtain a tax identification number D. File the company by-laws at the local courthouse. 2. Which of the following is an integral step in a pay-and-return scheme? A. Establish a shell company B. Misappropriate the incoming chock related to returned goods and deposit the check in a bank account other than the company's C. Purchase legitimate goods that are paid by the organization and return them D. Adjust the legitimate good mentory to conceal the shortage related to the returned goods 4. Which of the following is an example of check tampering? A. Creating a check for a ghost employee B. Creating a check payable to a shell company gets both by 5. Which of the following is indicative of the actions of the perpetrator nesto check for the same invoice and gets authorized signatory J e to check for the same invoice and fraudu cashes the second check c. Issues to checks for the same invoice and runs heb automatic check-sning machine. D. I two payroll checks to himself and gets both authorized signatory. Which of the following is not a method to deter, prevent theft and alteration of outgoing accounts payable checks Identify vendors with no mailing address or phone R. Identify vendors with a mailing address that matches address. C. Hand each paycheck to the employee while checking identification . Identify review, and summarize all manual checks through the accounts payable system. Module Seater Disbursement Schemes wa ghost employer, which of the following is not one of the four way we needed to make this scheme work? Delivery of the paycheck to the ghost put a valid hom e s for the ghost C. Adding the ghost to the payroll records n Creating timekeeping information for the ghost Which of the following is not a typical method that employees use to were legitimate expenses on their expense reports C e receipts. 3. Purchase an item at an inflated price and request reimbursement at the price while obtaining a vendor refund c. Purchase a quantity than is necessary and request rembursement D. Aher the delivery paperwork for inventory receipts at the warehouse . Which of the following red flags is commonly associated with fiction expense reimbursement schemes? A Patterns when expense reimbursements are for the same amount B. Ghost employees receiving expense reimbursements C. Cash disbursements where the canceled checks have been altered . Billing errors from a problem vendor 10. Which of the following red flags is seldom associated with cash register disbursement fra A. Excessive volds B. Uncashed personal checks in the cash drawer received from employees C. Excessive customer refunds D. Higher than expected uncollectible receivables Chapter 5 All questions multiple choice please, thanks