Mary Duncan is an internal auditor for the Western Realty Group. Recently, she ran a program that extracted checks that were out of the normal sequence. She found that four or five checks were written every month that fit this category. Based on the information given, which of the following schemes is likely occurring?

Question

Quizplus · Accepted Answer

The description of checks being out of the normal sequence suggests a forged maker scheme, where someone is forging the signature on checks to divert funds. This is a common indicator of such fraud, as the forger might not have access to the regular check sequence or might be trying to hide the fraudulent checks among legitimate transactions.

Mary Duncan Is an Internal Auditor for the Western Realty