One Form of Accounts Payable Fraud Occurs When the Accounts

question 60

Multiple Choice

One form of accounts payable fraud occurs when the accounts payable clerk or another employee steals a cheque made payable to a legitimate vendor.The purchaser's information is then resubmitted for payment and the second cheque sent to the vendor.How could such a theft be prevented?

• A)Cancel supporting documents to prevent their being re-used.
• B)Make sure that all payments are supported by valid documents.
• C)Reconcile the transaction files to the accounts payable master file.
• D)Have receiving reports authorized independently.

Describe the importance of social reciprocity and proactive versus reactive approaches in behavior management.

Understand how labeling affects behavior perception and intervention.

Discuss the concept of control in relation to behavior and the educational paradigm.

Understand the concept and significance of demand management in the supply chain.

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Definitions:

Decisions

The act of making choices or conclusions after considering different options or information.

Political Savvy

The skill of understanding and navigating complex social or organizational politics to achieve goals.

Framing Messages

The process of constructing and presenting information or messages in a way that influences how the audience perceives and interprets them.

Conflict

Occurs when parties disagree over substantive issues or when emotional antagonisms create friction between them.