During an Audit of a Major Contract, an Auditor Finds

question 35

Multiple Choice

During an audit of a major contract, an auditor finds that actual hours and dollars billed are consistently at or near budgeted amounts. This condition is a red flag for which of the following procurement fraud schemes?

• A) Defective pricing.
• B) Cost mischarging.
• C) Fictitious vendor.
• D) Bid rotation.