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IIA-CIA-PART3 · Question #170

Which of the following techniques would best detect on inventory fraud scheme?

The correct answer is C. Analyze Inventory Invoice amounts and compare with approved contract amounts. You've hit your session limit · resets 10:20pm (America/New_York)

Question

Which of the following techniques would best detect on inventory fraud scheme?

Options

  • AAnalyze invoice payments just under individual authorization limits.
  • BAnalyze stratification of inventory adjustments by warehouse location.
  • CAnalyze Inventory Invoice amounts and compare with approved contract amounts.
  • DAnalyze differences discovered curing duplicate payment testing.

How the community answered

(47 responses)
  • A
    4% (2)
  • B
    15% (7)
  • C
    74% (35)
  • D
    6% (3)

Explanation

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