CFE - Financial Transactions and Fraud Schemes Exam QuestionsBrowse all questions from this exam

CFE - Financial Transactions and Fraud Schemes Exam - Question 27

All of the following measures would help prevent the theft of company inventory EXCEPT:

A.

Having the purchasing supervisor perform the physical inventory count

B.

Restricting inventory access to authorized personnel only

C.

Having different people responsible for receiving inventory and shipping it

D.

Using prenumbered inventory receiving reports

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Correct Answer:

Discussion

3 comments

GaryLee

Nov 20, 2024

B. Having the Purchasing Manager count inventory does not prevent theft.

5a97e10Option: A

Nov 30, 2024

A for sure

AML_1234Option: A

Dec 16, 2024

Having the Purchasing Manager count inventory does not prevent theft.