To facilitate a bribery scheme, a fraudster might divert company funds to a non-company account from which the illegal payments can be made. This account is called a:
A) Slush fund
B) Petty cash fund
C) Bid pool
D) None of the above

Question

Quizplus · Accepted Answer

The account that is used to facilitate a bribery scheme by diverting company funds is commonly known as a "slush fund." A petty cash fund is a separate account used for small, incidental expenses, and a bid pool is a group of vendors from which a company will solicit bids for a project or contract.

To Facilitate a Bribery Scheme, a Fraudster Might Divert Company