Wen-Li is an internal auditor for Main Electrical Supply in Springfield, Illinois. During her audit, she came across the invoice shown in Exhibit D. 60.1.
The invoice is in almost pristine condition with few marks and no creases. The invoice was properly filed in a vendor folder marked Best Office Supply, which is on the approved vendor list, but the vendor review sheet, which is required to place a vendor on the approved vendor list, is missing from the file. Three other invoices were in the file:

Required:
a. Is this a legitimate invoice? What information might lead you to suspect that this invoice may indicate a fraud?
b. What type(s) of fraud might thisindicate?

Transcribed Image Text:

EXHIBIT D.60. Vendor Invoice September 15, 2014 Best Office Supply Company P.O. Box 1934 Springfield, Ilinois 62705 Invoice #0089 Bill to Main Electrical Supply 506 Commerce Avenue Springfield, IL 62707 217-555-2230 Product Quantity Price per Unit Total Cost $36.50 $23640 180.48 Pens 10 boxes $3.65 Toner cart 8 units 56 Total $453.38