Which of the following procedures can be used to detect mischaracterized expense reimbursement schemes?
A) Compare the dates of claimed reimbursable business expenses to the employees' work schedules.
B) Compare current expense reimbursement levels to amounts for prior years.
C) Compare current expense reimbursement levels to budgeted amounts.
D) All of the above

Question

Quizplus · Accepted Answer

All of the procedures listed could potentially detect mischaracterized expense reimbursement schemes. By comparing the dates of claimed reimbursable business expenses to the employees' work schedules, patterns of fraudulent claims may become apparent. Similarly, comparing current reimbursement levels to prior years or budgeted amounts could highlight discrepancies that suggest fraudulent behavior. Therefore, all three options should be utilized as part of a comprehensive expense reimbursement review process.

Which of the Following Procedures Can Be Used to Detect