Presented Below Is a List of Terms Relating to Fraud

question 23

Short Answer

Presented below is a list of terms relating to fraud schemes,followed by definitions of those terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.Sales skimming
________ 2.Bid rigging frauds
________ 3.Payroll fraud
________ 4.Fraudulent cost-plus billing
________ 5.Swapping checks for cash
________ 6.Short shipments
________ 7.Shortchanging the customer
________ 8.Check washing
________ 9.Kickback frauds
________ 10.Robbing the cash register
A.Involves removing cash from the cash register and replacing it with bogus checks
B.Scheme that typically involves an employee pocketing cash but not recording its collection
C.The involvement of using chemicals to remove a check's payment details and then adding new details for the payee,date,or amount of payment
D.In situations where cash register receipts are not reconciled with sales receipts per each individual cash register,the employee is free to rob the cash register with impunity
E.A dishonest purchasing agent might purchase from a friend or relative even though to do so is not in the best interest of the company
F.A fraud scheme in which a cashier uses distraction or deception in order to pocket part of the change due to the customer
G.Vendors bill customers for the vendor's costs plus a fictitious markup
H.A dishonest purchasing agent might accept secret payments or favors in exchange for favoring a particular vendor
I.Involves improper hiring,improper changes to employee personnel files and pay rates,and improper work-related reporting
J.Vendors ship fewer than the ordered amount of goods but bill for the amount ordered

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Definitions:

Modus Operandi

A term often used in criminology to describe a person's habits or manner of working, particularly in the context of criminal behavior.

Ethnicity

A person’s or his or her ancestors’ country of origin; includes material and non-material aspects associated with a culture and social identity.

Forms of Racism

The various ways in which racism can manifest, including structural, institutional, interpersonal, and internalized racism.

Specific Claim

Process to deal with past grievances, mainly of First Nations, related to unfairly distributed treaty lands or mismanagement of First Nations funds by the Crown.