ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam - Topic 7 Question 50 Discussion
Which of the following is true for Red flags associated with fictitious revenues?
C) A significant volume of sales to entries whose substance and ownership is not known.
A) Slow growth or usual profitability, when not compared to other companies in the same industry.
B) Usual growth in the number of days purchase in receivables
D) A usual surge in purchase by a majority of units within a company, or of purchase recorded by corporate headquarters.
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