A manufacturer uses improved linkage between order entry, production, and shipping to reduce raw materials and work-in-process inventory. Which type of fraud will these changes likely reduce?
A) Payment of fraudulent invoices.
B) Purchases from a related party.
C) Theft of resources from inventory.
D) False reporting of hours worked.
Correct Answer:
Verified
Q214: While performing an internal audit engagement, an
Q215: During an interview with a data-entry clerk
Q216: In an audit engagement, a group of
Q217: What information should the internal quality assessment
Q218: Internal control processes in an organization require
Q220: Which of the following is a valid
Q221: During an internal audit, an organization's processing
Q222: An internal audit manager of a furniture
Q223: Which of the following statements is true
Q224: While attending a conference, an internal auditor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents