A shell company fraud involves
A) stealing cash from an organization before it is recorded
B) stealing cash from an organization after it has been recorded
C) manufacturing false purchase orders, receiving reports, and invoices
D) s clerk pays a vendor twice for the same products and cashes the reimbursement check issued by the vendor

Question

Quizplus · Accepted Answer

A shell company fraud involves creating a fake company to make false purchase orders, receiving reports, and invoices in order to embezzle funds from an organization. Option A describes skimming, Option B describes larceny or theft, and Option D describes double-check fraud.

A Shell Company Fraud Involves