Which of the following would be considered a vendor fraud?
A)The submission of duplicate or incorrect invoices.
B)A customer tries to return stolen goods to collect a cash refund.
C)The use of stolen or fraudulent credit cards.
D)Inflating hours worked.

Question

Quizplus · Accepted Answer

Vendor fraud involves a supplier or contractor submitting fraudulent invoices for payment. Submitting duplicate or incorrect invoices would fall under this category. Choices B, C, and D involve other types of fraud such as return fraud, credit card fraud, and employee fraud, respectively.

Which of the Following Would Be Considered a Vendor Fraud