Mischaracterized
What term describes a fraudulent scheme in which an individual submits personal expenses as business expenses for reimbursement?
What is a mischaracterized expense scheme?
Similar to other expense frauds, overstated expense schemes succeed because of ____ ____.
What is Poor Controls?
When an employee invents a purchase that needs to be reimbursed, this is an example of ___________ ________ _____________.
What is a Fictitious Reimbursement Scheme?
___ ___ ___ are the least common form of expense reimbursement fraud.
What is a Multiple reimbursement scheme
The state that medicare fraud occurs in most often is:
What is Florida
What analytical method can companies use to identify excessive expense reimbursements and potential fraud?
What is trend analysis, comparing current expenses to prior years and budgeted amounts, and looking for individuals with excessive reimbursements?
This kind of scheme is most likely to occur in a system where expenses are reimbursed in currency rather than by a check
What is Overstating Another Employee's Expenses?
Many companies do not require this to be attached to expense reports for reimbursement.
What is a receipt?
The use of __ __ techniques is one of the most effective methods for catching multiple reimbursement schemes.
What is data analytic
what is 100 Billion
What might a supervisor from another department be less familiar with, making them a target for fraud perpetrators?
What is the employee's work schedule, duties, and so on?
The most fundamental example of overstated expense schemes is
What is Altered Receipts?
A very common red flag for fictitious expense reimbursement schemes is claiming items under this category:
What is cash?
A common way to be reimbursed twice is to pay for an expense with your __ __ __, and then later submit the receipt for reimbursement.
What is company credit card
what scheme would medicare fraud would best be described as a:
What is a Billing scheme
How can a company sometimes detect mischaracterized expenses related to airfare and overnight travel?
What is by comparing the employee's expense reports to their work schedule?
A sales executive instructed his salesmen to inflate their expenses to generate cash for a slush fund. This fund was used to pay bribes and provide improper forms of entertainment for clients and customers. This is an example of ________
What is Orders to Overstate Expenses?
This piece of technology has enabled individuals to create realistic-looking counterfeit receipts at home.
What is a computer?
One of the simplest ways to prevent multiple reimbursement schemes is to only except __ __ of expenses.
What is original copies
The easiest way for an individual to protect themself from medicare fraud, is to never share their __ __ __ unless absolutely needed.
medicare identification information
How can organizations use their accounting systems to detect mischaracterized expenses related to the timing of claims?
What is by automatically comparing payment dates to vacation or leave time requested by the employee?
An employee purchased two tickets for his business travel, one expensive and one cheap. He returned the expensive ticket, but retained the passenger-receipt coupon and used it to overstate his expense reports. Meanwhile, he used the cheaper ticket for his trip. This is an example of _______
What is Overpurchasing?
What is an audit trail?
it is easier for individuals with control over budgets and funds to make claims. that go unnoticed because of a lack of __ __ __
What is segregation of duties
A common form of medicare fraud is to make altered or __ __ claims in order to collect additional funds from Medicare.
What is entirely false