Question 1

The scheme in which the same vendor is receiving favorable treatment van be found in purchases by vendor searches.

Options :

A : True

B : False

Answer: A

Question 2

Theft of incoming checks usually occurs when ________ is (are) in charge of opening the mail and recording the receipt of payments.

Options :

A : Single employee

B : Two employees

C : More then two employees

D : None of the above

Answer: A

Question 3

Which of the following method is NOT used to detect conflicts of interest?

Options :

A : Tips & Complaints

B : Review of vendor ownership files

C : Underbillings of assets

D : Interviews with purchasing personnel

Answer: C

Question 4

In physical tampering prevention technique, hidden images can be seen only when the check is held at an angle through:

Options :

A : High-resolution sprays

B : Holographic safety inks

C : Watermark backers

D : Chrome coloring

Answer: C

Question 5

Which of the following is NOT the reason to bribe employees of the purchaser?

Options :

A : To ensure receipt of a late bid

B : To extend the bid opening date

C : To ensure bid-splitting

D : To falsify the bid log

Answer: C