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Which of the following is a type of register disbursement scheme?

1) Fictitious refunds
2) Overstated refunds
3) False voids
4) All of the above

1 Answer

4 votes

Final answer:

Each option listed: fictitious refunds, overstated refunds, and false voids, are types of register disbursement schemes used in cash register or disbursement fraud. Therefore, the correct answer is 'All of the above'.

Step-by-step explanation:

The question pertains to various schemes used to misappropriate funds through manipulation of cash register transactions. In the context of cash register or disbursement fraud, the schemes mentioned all involve the manipulation of a cash register to disguise the theft of cash. Here is a brief overview of each:

  • Fictitious refunds: This involves processing a refund for a transaction that never occurred, allowing the person conducting the fraud to take the refunded cash.
  • Overstated refunds: This occurs when a refund is issued for more than the value of the original transaction. The person committing the fraud keeps the difference.
  • False voids: This type of scheme involves voiding a legitimate transaction in the register and then taking the cash that should have been in the drawer.

Therefore, the correct answer to the question 'Which of the following is a type of register disbursement scheme?' is:

D. ALL OF THE ABOVE

Each of these is a method that can be used to misappropriate assets and would be considered a type of register disbursement scheme.

User Darko Rodic
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