Purchases from two new vendors increased dramatically after a new buyer was hired. The buyer was obtaining kickbacks from the two vendors based on sales volume.
A possible means of detection is
A.
Periodic vendor surveys regarding potential buyer conflict of interest or ethics violations.
B.
The receipt of an invoice to put new vendors on the master file.
C.
The use of purchase orders for all purchases.
D.
The use of change analysis and trend analysis of buyer or vendor activity.
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit