Acc505 Module 5 Quiz 4 2017

Question Question 1 To prevent fraudulent shipments of merchandise, organizations should: match every outgoing shipment to a sales order. all of the above. make sure that all increases to perpetual inventory records are supported by proper source documents. match every receiving slip to an approved purchase order. Question 2 According to the 2012 Report to the Nations on Occupational Fraud and Abuse, non-cash schemes occur more frequently than cash schemes. True False Question 3 The unaccounted-...

Question Question 1 To prevent fraudulent shipments of merchandise, organizations should: match every outgoing shipment to a sales order. all of the above. make sure that all increases to perpetual inventory records are supported by proper source documents. match every receiving slip to an approved purchase order. Question 2 According to the 2012 Report to the Nations on Occupational Fraud and Abuse, non-cash schemes occur more frequently than cash schemes. True False Question 3 The unaccounted-...