Day: September 1, 2022

QUESTION 1 : It is considered acceptable practice to deviate from generally accepted accounting principles (GAAP) in which of the following circumstances? It is common practice in the industry to give particular transactions a specific accounting treatment Adherence to GAAP Read More …

QUESTION 1 : When an employee or official uses force or fear to demand money in exchange for making a particular business decision, that individual is engaging in: Bribery A kickback scheme An illegal gratuity scheme Economic extortion Extortion is Read More …

QUESTION 1 : Which of the following is a red flag of a procurement fraud scheme in which vendors are colluding to circumvent the competitive bidding process? Qualified contractors do not submit bids The winning bidder subcontracts work to losing Read More …