When a vendor takes control of a purchasing relationship, prices increase usually result from which kind of fraud?
A) Asset fraud
B) Kiting
C) Management fraud
D) Kickback fraud

Question

Quizplus · Accepted Answer

A: Financial statement fraud in which assets are recorded at a higher amount than they are.
B: Fraud that conceals cash shortages
C: Deception perpetrated by an organization's top management through manipulation of financial statement amounts or disclosures)

When a Vendor Takes Control of a Purchasing Relationship, Prices