Which of the following controls can be used to prevent or detect personal purchases on company credit cards?
A) Having credit card statements sent directly to someone with signature authority on the account for review and payment
B) Requiring employees to receive store credits rather than cash when returning items they purchased with the company's credit card
C) Monitoring credit card expenses for unexplained increases in purchasing levels
D) All of the above
Correct Answer:
Verified
Q9: Categories of billing schemes include which of
Q10: Fictitious entities created for the sole purpose
Q11: Invoices that are submitted by shell companies
Q12: In a _ scheme, the perpetrator uses
Q13: Purchasing personal items using an organization's money
Q15: Warning signs of a shell company scheme
Q16: According to the 2010 Report to the
Q17: Most shell company schemes involve the purchase
Q18: According to the 2010 Report to the
Q19: In order to start up a shell
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