Which of the Following Is Representative of a Conflict of Interest

question 6

Multiple Choice

Which of the following is representative of a conflict of interest?

• A) The owner of the company is aware of an employee's relationship with a vendor
• B) The owner of the company is unaware of the employee's relationship with a vendor
• C) When the employee accepts kickbacks from a vendor
• D) When the employee makes fraudulent disbursements to him or herself though a fictitious vendor

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Definitions:

Accounting

The systematic process of recording, measuring, and communicating information about financial transactions.