Which of the following fraud can occur if an employee is responsible for both approving and paying invoices?
A)Paying non-existent suppliers
B)Inventory theft
C)Credit fraud
D)All of the options are correct.

Question

Quizplus · Accepted Answer

When an employee has the authority to both approve and pay invoices, they can potentially create or pay invoices for non-existent suppliers, diverting funds to themselves or others fraudulently. This scenario doesn't directly relate to inventory theft or credit fraud as described in the other options.

Which of the Following Fraud Can Occur If an Employee