Which of the following risks are included in procurement fraud risks?
A)Kickbacks and bid rigging
B)Account fraud risks
C)Purchase fraud risks
D)Purchase returns fraud risks

Question

Quizplus · Accepted Answer

Kickbacks and bid rigging are common types of procurement fraud risks, where contractors may receive bribes or manipulate the bidding process to gain an advantage. Account fraud risks and purchase returns fraud risks are not directly related to procurement fraud. Purchase fraud risks may be included in procurement fraud risks, but this option is not as specific as the kickbacks and bid rigging option.

Which of the Following Risks Are Included in Procurement Fraud