Question

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?


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  • CreatedOctober 27, 2014
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