Fraud abuses in the AP/CD process usually entail creating phony customers or submitting fictitious purchase orders.

Name: Fraud abuses in the AP/CD process usually entail creating phony customers or submitting fictitious purchase orders.
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Question

Quizplus · Accepted Answer

Fraud abuses in the Accounts Payable/Cash Disbursements (AP/CD) process typically involve creating fake vendors or submitting fraudulent invoices, not customers or purchase orders, which are more relevant to the Accounts Receivable/Sales process.

Fraud Abuses in the AP/CD Process Usually Entail Creating Phony