Which type of revenue fraud is most likely to occur at a service-based business?
A) Sales sham
B) Unauthorized shipments
C) Channel stuffing
D) Sales cutoff

Name: Which type of revenue fraud is most likely to occur at a service-based business? A) Sales sham B) Unauthorized shipments C) Channel stuffing D) Sales cutoff
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Question

Quizplus · Accepted Answer

Service-based businesses are more likely to manipulate the timing of revenue recognition, such as recording revenue in the wrong period, which is known as a sales cutoff fraud.

Which Type of Revenue Fraud Is Most Likely to Occur