(True and False) 1. Bribery is one of the four types of corruption. 2. Commercial bribery is...

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(True and False)
1. Bribery is one of the four types of corruption.

2. Commercial bribery is different from traditional bribery in that the offer made in commercial bribery is to influence an official act of government and traditional briberies never involve government officials.

3. Failure to account for missing inventory that was supposed to have been returned is a problem found in voided sales frauds.

4. Asset misappropriations are divided into two categories: theft of cash and theft of inventory.

5. Larceny is the stealing of cash by employees before the cash has been recorded in the company's accounting system.

6. Understating sales and stealing cash are examples of skimming.

7. The two basic fraudulent register disbursement schemes are false refunds and false voids.

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Fraud examination

ISBN: 978-0538470841

4th edition

Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma

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