Choose True or False to indicate whether the following statements are ways Vale could be...
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Accounting
Choose True or False to indicate whether the following statements are ways Vale could be defrauding Black of cash. Vale could be writing business checks to herself. Vale could be paying invoices more than once due to errors in posting to accounts payable. Vale could be submitting purchase invoices a second time for duplicate payment, perhaps altering the mailing address on the duplicate invoice and sending the check to a post office box that Vale controls. Vale could be failing to take advantage of purchase discounts available. Vale could be paying suppliers excess amounts and arranging for suppliers to kick back part of the excess to Vale. Vale could be making small cash payments to herself. Vale could be depositing accounts receivable collections to her personal bank account.
Choose True or False to indicate whether the following statements are ways Vale could be defrauding Black of cash.
Vale could be writing business checks to herself.
Vale could be paying invoices more than once due to errors in posting to accounts payable.
Vale could be submitting purchase invoices a second time for duplicate payment, perhaps altering the mailing address on the duplicate invoice and sending
the check to a post office box that Vale controls.
Vale could be failing to take advantage of purchase discounts available.
Vale could be paying suppliers excess amounts and arranging for suppliers to kick back part of the excess to Vale.
Vale could be making small cash payments to herself.
Vale could be depositing accounts receivable collections to her personal bank account.
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