Which type of check tampering scheme is usually the most difficult to defend against?
Concealed check
Authorized maker
Forged endorsement
Altered payee
Question 2
Check tampering includes both fraudulently preparing a company check for one’s own benefit
and intercepting a company check that is intended for a third party and converting it for one’s
own benefit.
True
False
Question 3
Which of the following procedures can help prevent and detect the theft and conversion of
outgoing company checks?
Train employees to look for dual endorsements on canceled checks
Chart the date of mailing for every outgoing check
Track changes made to vendor records
All of the above
Question 4
Check tampering schemes involving checks made payable to “cash” are extremely difficult to
resolve, as there is no way to tell who converted the check
True
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