Indicate by letters the type of fraud committed: Check tampering (CT) Cash regis
ID: 2563714 • Letter: I
Question
Indicate by letters the type of fraud committed: Check tampering (CT) Cash register scheme (CR) Expense scheme (E) Bribe (B) Frautulent financial reporting (F) Here is an example: Employee writes a fraudulent check making it payable to herself 1. At the end of the year, the chief financial officer for Montgomery Intemational recorded $80,000 in sales that had not been made 2 Bill is a cashier at a local restaurant. Once a day, he leaves the cash register open and does not record the sale in the cash register when he takes the customers cash. 3. Janet's major customer in Califormia asked Janet to take 15 percent off of the sales price on the next shipment of jeans to his stores. In return, the customer will give her part of the money saved from the reduced sales price. Janet agrees to lower the price. 4. Shemi Smith, owner of Smith's Real Estate, asked the accountant to ignore any depreciation that should be recorded on assets owned 5, Ashley submits a cash reimbursement for a cab ride she never took Choose from any drop-down list and then continue to the next question.Explanation / Answer
Letters indiacated for the kind of fraud committed is as shown below:
1. Fradulent financial reporting
2. Cash register scheme.
3. Bribe
4. Fradulen financial reporting
5. Expense scheme.