Question
'Teeming and lading' is used to describe which of the following:
Select one:
O a. A fraud where receipts from customers are misappropriated
• b. A fraud where purchase ledger payments are misdirected to overseas accounts
• c. A personal expenses fraud involving fictitious expense vouchers
d. Where money flows are so substantial that diversion of large sums can go unnoticed
Answer
d. Where money flows are so substantial that diversion of large sums can go unnoticed