Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 4.00

metropolitan building authority

A procurement agent for a large metropolitan building authority threatens to blacklist a building contractor if he does not make a financial payment to the agent. If the contractor does not cooperate, the contractor will be denied future work. Faced with a threat of economic loss, the contractor makes the payment.

Required

What type of fraud is this and what controls can be implemented to prevent or detect the fraud?

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 09:07 AM My Price 4.00

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