Which sale occurs when the accomplice of the employee-fraudster "buys" merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?
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A. B. C. D.B
The sale described in the question is a type of fraudulent sale known as a "fake sale." In this type of scheme, the employee-fraudster's accomplice pretends to purchase merchandise, but the sale is not properly recorded in the company's records or point-of-sale system. The merchandise is then taken without payment.
A fake sale is a form of fraudulent disbursement scheme, in which the employee diverts company funds to themselves or to an accomplice. The accomplice may be a friend or family member, or another party who is willing to help the employee commit fraud.
In a fake sale scheme, the employee may use a variety of methods to avoid recording the sale in the company's records, such as manipulating the point-of-sale system, voiding transactions, or creating false returns or discounts. The accomplice may also be involved in the scheme, providing distractions or cover for the employee's actions.
The fake sale scheme can be difficult to detect, as the transaction may appear legitimate on the surface. However, the scheme can be uncovered through careful analysis of transaction records, observation of suspicious behavior, or tips from whistleblowers or other sources. Companies can also take steps to prevent fake sale schemes by implementing strong internal controls, monitoring point-of-sale activity, and conducting regular audits and reviews of transaction records.