Retainer firms are ________
A) firms that require a large group of new recruits within a short period of time
B) search firms who charge employers a fixed fee in advance of placement
C) sites that allow employers to post job vacancies
D) organizations that keep in-house sources
B
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The Director of Information Technology for the city of Bumpkiss, Minnesota, formed a company to sell computer supplies and software. All purchases made on behalf of the City were made from his company. He was later charged with fraud for overcharging the City, but was not convicted. The control issue in this case arose because the Director had both ________ and ________ duties.
A) custody; authorization B) custody; recording C) recording; authorization D) management; custody
An applicant intentionally lying to an insurance company on an application in order to obtain a cheaper premium is an example of
A) rebating B) coercion C) fraud D) twisting