Victor Jackson, CFE, Was Hired by BRS Carpet and Tile

question 28

Multiple Choice

Victor Jackson, CFE, was hired by BRS Carpet and Tile to investigate possible cash larceny at the point of sale. Which of the following red flags should he look for?

• A) Large differences between sales records and cash on hand
• B) Unusual journal entries to the cash accounts
• C) A large number of small differences between sales records and cash on hand
• D) All of the above

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Definitions:

Defective Computers

Computers that are faulty or have manufacturing errors, making them fail to perform as intended.

Standard Deviation

A statistic that quantifies the dispersion of a dataset relative to its mean.

Burglaries

Illegal entry into a building or other areas with the intent to commit theft or any other felony.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean.