During an audit of a major contract, an auditor finds that actual hours and dollars billed are consistently at or near budgeted amounts. This condition is a red flag for which of the following procurement fraud schemes?

Question

Quizplus · Accepted Answer

Cost mischarging involves billing for hours or costs that were not actually incurred, which aligns with the observation of actual hours and dollars consistently matching budgeted amounts.

During an Audit of a Major Contract, an Auditor Finds