Affinity fraud - Study guides, Class notes & Summaries

debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. - Many affinity scams involve Ponzi or Pyramid sche...

INSY 3330 Final Questions and Answers Graded A+ Which of the following involves e-mailing another seller's bidders and offering the same product for less? bid siphoning Which of the following is a community of members who self-identify with a demographic or geographic category? affinity community Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:12 / 0:15 Full screen Social network participation is one of the most common us...

CTCD STATE PROCUREMENT TEST What does SPD stand for? Statewide Procurement Division What 5 Divisions does SPD Encompass? Contract Development, Contract Management, Procurement & Policy Outreach, HUB, Statewide Fleet, Travel & Mail Initial Value of $5M with 3 optional renewals. Contract Value? $20M SPD DELEGATION BY RULE INCLUDES PURCHASES OF $5K OR LESS - SPOT PO ONE TIME PURCHASES OF GOODS $50K OR LESS PURCHASES OF SERVICES OF $100K OR LESS DIRECT PUBLICATIONS PERISHABLE GOODS DI...

CFE Exam 349 Questions with Verified Answers Falsified Hours & Salary Schemes - CORRECT ANSWER The most common method of misappropriating funds from the payroll is the overpayment of wages. For hourly employees, the size of a paycheck is based on two factors: the number of hours worked and the rate of pay. Therefore, for hourly employees to fraudulently increase the size of their paycheck, they must either falsify the number of hours they have worked or change their wage rate. Common ways ...

CTCD TEST QUESTIONS AND ANSWERS State agencies must post solicitations to ESBD with a value of ____________? $25,000 The majority of SPD contracts are processed through what system? Texas Smartbuy Vendor Performance Tracking System is required at what level? $25,000 Agency procurement plans are due annually on 11/30? True _________ is an explicit act of using one's position to favor a relative. Nepotism Consanguinity & Affinity Relationship is to the First & Second degree? True 1...

CTCD Test Questions With 100% Correct Answers. Statewide Procurement Division (SPD) central authority for state agency procurement guidance, education, and statewide contract development services Major contracts for information technology projects are monitored by the _. Quality Assurance Team (QAT) Major contracts are reviewed by _. Contract Advisory Team (CAT) Procurement refers to all aspects of the sourcing activities, including drafting and issuing the solicitation, evaluation of ...

CTCD Test Questions With 100% Correct Answers. Statewide Procurement Division (SPD) central authority for state agency procurement guidance, education, and statewide contract development services Major contracts for information technology projects are monitored by the _. Quality Assurance Team (QAT) Major contracts are reviewed by _. Contract Advisory Team (CAT) Procurement refers to all aspects of the sourcing activities, including drafting and issuing the solicitation, evaluation of ...

CTCD/CTCD LATEST EXAM 2023 Contract Value is the is the initial value of the contract, plus any amendments, extensions, and renewals for the contract's full existence. SPD Statewide Procurement Division is the entity that delegates purchasing authority to state agencies for non IT goods and services. SPD consists of -Procurement Policy and Outreach -HUB -Statewide fleet, travel, and mail -Contract Management -Contract Development Statewide Contract Development Team -Develop...

CTCM EXAM CORRECTLY ANSWERED & GRADED A+ Procurement Method Determination Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. Procurement Planning Step 1 of defining the business need and establish the procurement objectives. Contract Management 5th step of administer and enforce the terms of the contract. Contract formation and award 4th step ensure that the awarded contract complies with applicable procurement law and contains provisions t...

DECA Finance Exam 2023 with complete solution debtor-creditor relationship A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. affinity fraud - Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly, or professional groups. - The fraudsters who promote affinity scams frequently are - or pretend to be - members of the group. - Man...