If an employee altered the amount of a check after it has cleared the bank,the change can be detected by
A) Comparing the amount written on the check face to the amount written in the cash disbursements journal.
B) Comparing the magnetic imprint of the amount paid to the amount written on the check face.
C) Examining the endorsement on the back of the check.
D) Comparing the check number on the face of the check to the check number in the cash disbursements journal.

Question

Quizplus · Accepted Answer

The magnetic imprint of the amount paid is generated when the check is processed, and is unlikely to be altered after the check has cleared. Comparing this to the amount written on the check face can reveal any discrepancies. The other options may help detect other forms of fraud or errors, but they would not necessarily detect alterations to the check amount.

If an Employee Altered the Amount of a Check After