Which of the Following Is Not an Example of One

question 64

Multiple Choice

Which of the following is not an example of one of the basic types of fraud?

• A)While straightening the store at the end of the day,a shoe store employee finds and keeps an expensive pair of sunglasses left by a customer.
• B)An executive devised and implemented a plan to accelerate revenue recognition on a long-term contract,which will allow the company to forestall filing for bankruptcy.The executive does not own any stock,stock options or grants,and will not receive a bonus or perk because of the overstated revenue.
• C)A purchasing agent places a large order at higher-than-normal unit prices with a vendor that gave the agent tickets to several football games.
• D)A salesperson approves a large sales discount on an order from a company owned partially by the salesperson's sister.

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Definitions:

Cooperate

To work or act together towards a common goal or benefit, often requiring compromise or teamwork.

Policymakers

Individuals or members of government bodies responsible for creating and implementing laws and policies.

Legitimate Purposes

Valid or acceptable reasons or objectives for a policy, action, or law as recognized by a governing body or morality.

Tit-For-Tat

A strategy in game theory where a player responds to an opponent's action with equivalent action.