Dispute Fraudulent Bank Transaction?

Dispute Fraudulent Bank Transaction?
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Get StartedThis letter provides notice to the bank that there is unauthorized activity on your account and that you should not be held responsible for those charges. Generally, you must report possible errors within 60 days after the closing date on the bank statement. There may be other important information in the "fine print" on your statement that explains procedures that you should follow.When you receive a monthly bank statement you should carefully review it for possible errors or fraudulent activity. If there are deductions from your account that were not authorized, then you should dispute them by sending this letter to the bank.
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If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

Description : If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

Last Answer : 30

In which scenarios fraudulent credit card transaction may not be reversed?

Description : In which scenarios fraudulent credit card transaction may not be reversed?

Last Answer : One scenario is when you child makes an online purchase on your credit card.

Request to Close a Fraudulent Bank Account?

Description : Request to Close a Fraudulent Bank Account?

Last Answer : Get StartedIf you discover an account has been opened in your name without your authorization, you should contact the bank to close the account. The letter simply states that the account has been opened ... choose not to call first, this letter can be used as a first contact with the bank.

Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Description : Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Last Answer : You were probably not the only one who was scammed. Often, they just don't pay the company where they charge was made, and sometimes they eat it. I cancelled a hotel reservation and was still charged ... for me I would cancel my credit card. American Express chose to eat it and keep a good customer.

What investigation takes place when you report fraudulent activity on your debit card?

Description : What investigation takes place when you report fraudulent activity on your debit card?

Last Answer : answer:So, it depends to a degree on your bank's policy. You've attested wrongful charges, Netflix will look into it to see if it was indeed wrongful. They may or may not find it so, definitions get a ... later I got a letter saying, in short you're fine, all charges taken care of . So good luck!

How do banks and credit card companies know that fraudulent charges occurred on your card?

Description : How do banks and credit card companies know that fraudulent charges occurred on your card?

Last Answer : answer:It is unusual when your card is used in a city/country different to where it is ordinarily used or when it is being used for large amounts, or any amounts that vary from your usual ... procedures to determine whether your claim is genuine. I think go sooner than later if this keeps happening.

Are fraudulent people abusing handicap parking spaces?

Description : Are fraudulent people abusing handicap parking spaces?

Last Answer : answer:There are some conditions that aren't visible that make a person eligible for a handicap placard, such as various lung conditions and cancers. I would imagine if a cop was concerned that the person is ... information though, so I'm not sure how they would know if it's really theirs or not.

Does anti phishing technology blocks potentially fraudulent website?

Description : Does anti phishing technology blocks potentially fraudulent website?

Last Answer : i would say the only defense is to be aware of what you are doing. - always check the domain name – dont hand out important details to sites or programs you dont trust – dont share passwords with others etc..

Fraudulent advertisement for the sale of a new mobile phone?

Description : When I find an advertisement on a bazaar where someone sells a brand new mobile phone a few thousand cheaper than in a shop, as a condition of having payment in advance, it's a 90% scam, isn't it?

Last Answer : I dare not guess%, but definitely the seller is more likely to do so. If you are interested in a mobile phone, suggest a personal handover and payment - and you will "see" how it will look.

How do I check to see if an ad is fraudulent>

Description : How do I check to see if an ad is fraudulent>

Last Answer : That is not one of our ads. However, it does sound like one of the scam ads: seller is out of the country, and items are boxed for shipping.

How can I report a fraudulent activity on this site?

Description : How can I report a fraudulent activity on this site?

Last Answer : Please contact us directly ( http://answers.answerspal.com/feedback ), and provide details of the fraudulent acitivities.

Where can I find an attorney to fight a fraudulent mortgage company in Toledo?

Description : Where can I find an attorney to fight a fraudulent mortgage company in Toledo?

Last Answer : Visit www.attorneytoledo.net where they have a listing of many attorneys that specialize in fraudulent mortgage claims.

Wearing garb or carrying token used by public servant with fraudulent intend a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be extend 3 years or with fine or both c) Imprisonment for a term which may be extend 3 month or with fine which may be extend to two hundred rupees or with both (cognizable bailable) d) None of these

Description : Wearing garb or carrying token used by public servant with fraudulent intend a) Imprisonment for a term which may be extend 2 years or with fine or both b) Imprisonment for a term which may be ... which may  be extend to two hundred rupees or with both (cognizable bailable) d) None of these

Last Answer : c) Imprisonment for a term which may be extend 3 month or with fine which may  be extend to two hundred rupees or with both (cognizable bailable)

If a CPA recklessly abandons standards of due care and diligence while performing an audit, he or she may be held liable tounknown third parties for:a. Gross negligence.b. Fraudulent misconduct.c. Gross misconduct.d. Contributory negligence.

Description : If a CPA recklessly abandons standards of due care and diligence while performing an audit, he or she may be held liable to unknown third parties for: a. Gross negligence. b. Fraudulent misconduct. c. Gross misconduct. d. Contributory negligence.

Last Answer : Gross negligence

Fraudulent financial reporting is often called: a. Theft of assets b. Employee fraud c. Management fraud d. Defalcation

Description : Fraudulent financial reporting is often called: a. Theft of assets b. Employee fraud c. Management fraud d. Defalcation

Last Answer : Management fraud

Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting? a. Large amounts of liquid assets that are easily convertible into cash. b. Low growth and profitability as compared to other entity's in the same industry. c. Financial management's participation in the initial selection of accounting principles. d. An overly complex organizational structure involving unusual lines of authority.

Description : Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting? a. Large amounts of liquid assets that are easily ... of accounting principles. d. An overly complex organizational structure involving unusual lines of authority.

Last Answer : An overly complex organizational structure involving unusual lines of authority.

Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Low turnover of senior management. b. Extreme degree of competition within the industry. c. Capital structure including various operating subsidiaries. d. Sales goals in excess of any of the preceding three years

Description : Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Low turnover of senior management. b. Extreme degree of competition within the ... various operating subsidiaries. d. Sales goals in excess of any of the preceding three years

Last Answer : Extreme degree of competition within the industry.

A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax. c. To comply with the quality review of a member body or professional body d. To respond to an inquiry or investigation by a member body or regulatory body

Description : A professional accountant has a professional duty or right disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to the Bureau of Internal Revenue any fraudulent scheme committed by the client on payment of income tax

Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Domination of management by top executives.b. Negative cash flows from operations. c. Large amounts of cash processed. d. Small high-dollar inventory items

Description : Which of the following is most likely to be considered a risk factor relating to fraudulent financial reporting? a. Domination of management by top executives. b. Negative cash flows from operations. c. Large amounts of cash processed. d. Small high-dollar inventory items

Last Answer : Negative cash flows from operations.

The risk of fraudulent financial reporting increases in the presence of a. Substantial increases in sales. b. Incentive systems based on operating income. c. Improved control systems. d. Frequent changes in suppliers.

Description : The risk of fraudulent financial reporting increases in the presence of a. Substantial increases in sales. b. Incentive systems based on operating income. c. Improved control systems. d. Frequent changes in suppliers.

Last Answer : Incentive systems based on operating income.

A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment of income tax. b. To comply with technical standards and ethics requirements. c. To comply with the quality review of amember body or professional bodyd. To respond to an inquiry or investigationby a member body or regulatory body

Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To disclose to BIR fraudulent scheme committed by the client on payment ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax

Which of the following methods may be used to commit fraudulent financial reporting? a. Understate liabilities b. Fail to provide adequate disclosurec. Overstate revenuesd. Each of the above can be used tocommit fraudulent financialreporting

Description : Which of the following methods may be used to commit fraudulent financial reporting? a. Understate liabilities b. Fail to provide adequate disclosure c. Overstate revenues d. Each of the above can be used to commit fraudulent financial reporting

Last Answer : Each of the above can be used to commit fraudulent financial reporting

Which of the following is an example of fraudulent financial reporting? a. The treasurer diverts customer payments to his personal due, concealing hisactions by debiting an expense account,thus overstating expenses. b. Company management changesinventory count tags and overstatesending inventory, while understatingcost of goods sold. c. An employee steals inventory and the“shrinkage” is recorded in cost of goodssold. d. An employee steals small tools from thecompany and neglects to return them;the cost is reported as a miscellaneousoperating expense

Description : Which of the following is an example of fraudulent financial reporting? a. The treasurer diverts customer payments to his personal due, concealing hisactions by debiting an expense account, thus ... the company and neglects to return them; the cost is reported as a miscellaneous operating expense

Last Answer : Company management changes inventory count tags and overstates ending inventory, while understating cost of goods sold

Which of the following is true? a. Auditors are responsible for detecting all fraudulent financial reporting. b. Auditors must specifically consider fraud risk from overstating liabilities. c. Auditors must specifically consider fraud risk from management override of controls. d. All of the above are true

Description : Which of the following is true? a. Auditors are responsible for detecting all fraudulent financial reporting. b. Auditors must specifically consider fraud risk from overstating liabilities. c. Auditors must ... consider fraud risk from management override of controls. d. All of the above are true

Last Answer : Auditors must specifically consider fraud risk from management override of controls.

Which of the following statements is correct relating to the auditor’s consideration of fraud? a. The auditor’s interest in fraud consideration relates to fraudulent acts that cause a material misstatement of financial statements. b. A primary factor that distinguishes fraud from error is that fraud is always intentional, while errors are generally, but not always, intentional. c. While an auditor should be aware of the possibility of fraud, management, and not the auditor, is responsible for detecting fraud. d. Fraud always involves a pressure or incentive to commit fraud, and a misappropriation of assets

Description : Which of the following statements is correct relating to the auditor's consideration of fraud? a. The auditor's interest in fraud consideration relates to fraudulent acts that cause a material ... d. Fraud always involves a pressure or incentive to commit fraud, and a misappropriation of assets

Last Answer : The auditor’s interest in fraud consideration relates to fraudulent acts that cause a material misstatement of financial statements.

These refer to events or conditions that may indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. a. Fraud conditions b. Fraud risk factors c. Fraudulent activities d. Fraud events

Description : These refer to events or conditions that may indicate an incentive or pressure to commit fraud or provide an opportunity to commit fraud. a. Fraud conditions b. Fraud risk factors c. Fraudulent activities d. Fraud events

Last Answer : Fraud risk factors

Which of the following is an example of fraudulent financial reporting? a. Misappropriating collections on accounts receivable b. Using inappropriate assumptions in accounting estimate c. Stealing inventory d. Payments to fictitious employees or vendors

Description : Which of the following is an example of fraudulent financial reporting? a. Misappropriating collections on accounts receivable b. Using inappropriate assumptions in accounting estimate c. Stealing inventory d. Payments to fictitious employees or vendors

Last Answer : Using inappropriate assumptions in accounting estimate

Fraudulent financial reporting is often called a. Misappropriation or theft of assets b. Management fraud c. Defalcation d. Employee fraud

Description : Fraudulent financial reporting is often called a. Misappropriation or theft of assets b. Management fraud c. Defalcation d. Employee fraud

Last Answer : Management fraud

By providing high level of assurance on audit reports on financial statements, the auditor a. Guarantees the fair presentation of the financial statements. b. Confirms the accuracy of the financial statements. c. Enhances the credibility of the financial statements. d. Assures the readers that fraudulent activities of employees have been detected.

Description : By providing high level of assurance on audit reports on financial statements, the auditor a. Guarantees the fair presentation of the financial statements. b. Confirms the accuracy of the ... financial statements. d. Assures the readers that fraudulent activities of employees have been detected.

Last Answer : Enhances the credibility of the financial statements.

A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose to BIR fraudulent scheme committed by the client on payment of income tax. c. To comply with the quality review of a member body or professional body d. To respond to an inquiry or investigation by a member body or regulatory body

Description : A professional accountant has a professional duty or right to disclose confidential information in each of the following, except: a. To comply with technical standards and ethics requirements. b. To disclose ... body d. To respond to an inquiry or investigation by a member body or regulatory body

Last Answer : To disclose to BIR fraudulent scheme committed by the client on payment of income tax.

An independent audit aids in the communication of economic data because the audit a. Lends credibility to the financial statements. b. Confirms the accuracy of management's financial representation. c. Guarantees that financial data are fairly presented. d. Assures the readers of financial statements that any fraudulent activity has been corrected

Description : An independent audit aids in the communication of economic data because the audit a. Lends credibility to the financial statements. b. Confirms the accuracy of management's financial representation. ... . d. Assures the readers of financial statements that any fraudulent activity has been corrected

Last Answer : Lends credibility to the financial statements.

Which of the following is not true? a. Misrepresenting and creating fraudulent data is dishonest b. Misrepresenting data is very easy to detect c. Misrepresenting data can be difficult to detect d. Breaking confidentiality is not a problem

Description : Which of the following is not true? a. Misrepresenting and creating fraudulent data is dishonest b. Misrepresenting data is very easy to detect c. Misrepresenting data can be difficult to detect d. Breaking confidentiality is not a problem

Last Answer : b. Misrepresenting data is very easy to detect

Fraudulent usage, inability to attract potentially brand -loyal customers, and use by current customers but not new customers, are believed to be disadvantages of which of the following? A)Sweepstakes B)Money refunds C)Frequent -user incentives D)Coupons E)Premiums

Description : Fraudulent usage, inability to attract potentially brand -loyal customers, and use by current customers but not new customers, are believed to be disadvantages of which of the following? A)Sweepstakes B)Money refunds C)Frequent -user incentives D)Coupons E)Premiums

Last Answer : D)Coupons

Due to fraudulent reporting the share price of a company’s stock may- (a) Boost up (b) fall down (c) remain stagnant (d) none of these

Description : Due to fraudulent reporting the share price of a company’s stock may- (a) Boost up (b) fall down (c) remain stagnant (d) none of these

Last Answer : A. BOOST UP

Why would a transaction marked "credit" with a positive value deduct from my available balance at the bank?

Description : Why would a transaction marked "credit" with a positive value deduct from my available balance at the bank?

Last Answer : If your bank hasn’t verified the funds from the entity giving you the credit yet, they won’t make it available for you to access.

In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Description : In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Last Answer : A. RTGS Explanation: In RTGS, the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary‘s account within 30 minutes of receiving the funds transfer message.

In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers? A. Retail Banking B. Universal Banking C. Virtual Banking D. Unit Banking E. other than those given as options

Description : In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers? A. Retail Banking B. Universal Banking C. Virtual Banking D. Unit Banking E. other than those given as options

Last Answer : A. Retail Banking Explanation: Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other ... include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

________ is a temporary pass through account held by a third party during the process of a transaction between two parties. A. Savings Bank Account B. Current Account C. Deposit Account D. Escrow Account E. None of the Above

Description : ________ is a temporary pass through account held by a third party during the process of a transaction between two parties. A. Savings Bank Account B. Current Account C. Deposit Account D. Escrow Account E. None of the Above

Last Answer : D. Escrow Account Explanation: Escrow Account: Account in which funds are accumulated for specific disbursements. It is a temporary pass through account held by a third party during the process of a transaction between two parties.

What is the fullform of eSBTR? A. Electronic Secured Basic Transaction Receipt B. Electronic Stamp Bank Treasury Receipt C. Electronic Stamp Bank Transaction Receipt D. Electronic Secured Bank Treasury Receipt E. Electronic Secured Basic Treasury Receipt

Description : What is the fullform of eSBTR? A. Electronic Secured Basic Transaction Receipt B. Electronic Stamp Bank Treasury Receipt C. Electronic Stamp Bank Transaction Receipt D. Electronic Secured Bank Treasury Receipt E. Electronic Secured Basic Treasury Receipt

Last Answer : D. Electronic Secured Bank Treasury Receipt Explanation: e-SBTR, is an Electronic – Secured Bank and Treasury Receipt, issued by the Officer of the participating bank, on secured Government stationery, on payment of Stamp- duty in Virtual Treasury.

Bank marketing is same as ...... 1) Transaction marketing 2) Service marketing 3) Indoor marketing 4) All of these

Description : Bank marketing is same as ...... 1) Transaction marketing 2) Service marketing 3) Indoor marketing 4) All of these

Last Answer : 2) Service marketing

What is the name of entry which is used in Bank Column cash book to record the money transaction?

Description : What is the name of entry which is used in Bank Column cash book to record the money transaction?

Last Answer : Contra entry

Which of the following is not necessarily a party to a forfaiting transaction? A. exporter B. importer C. broker D. bank E. forfaiter

Description : Which of the following is not necessarily a party to a forfaiting transaction? A. exporter B. importer C. broker D. bank E. forfaiter

Last Answer : C. broker

If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

Description : If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

Last Answer : E. confirmed

Which of the following is not necessarily a party to a forfaiting transaction? a. Exporter b. Broker c. Bank

Description : Which of the following is not necessarily a party to a forfaiting transaction? a. Exporter b. Broker c. Bank

Last Answer : b. Broker is not necessarily a party to a forfaiting transaction. Forfaiting is a financing technique used in international trade to mitigate the risk of non-payment by the importer. It involves ... be involved in facilitating the transaction, but it is not a necessary party to the transaction.

Is anyone here prepared to dispute a single word of Romney's criticism of Trump?

Description : Is anyone here prepared to dispute a single word of Romney's criticism of Trump?

Last Answer : Does anyone care what Mitt says? Honest question. Who cares what he thinks?

How do you dispute the IRS?

Description : How do you dispute the IRS?

Last Answer : answer:I'm very confused by your question. You say that you received an IRS notice for non-payment of state taxes. The IRS collects federal taxes, period. The IRS has no authority, whatsoever, with respect to ... at the notice, verify who sent it, and sort through its issues, I'll try to help you.

Does anyone dispute the prior existence of Pangea?

Description : Does anyone dispute the prior existence of Pangea?

Last Answer : I can’t think of anyone, but I’m sure they would unfortunately be a conservative and/or mormon.

When people state falsehoods on the internet, are you likely to dispute them or are you likely to let it go?

Description : When people state falsehoods on the internet, are you likely to dispute them or are you likely to let it go?

Last Answer : Oh, I will correct morons all day long.

To settle a dispute, which do you prefer: Monster, or Chicken?

Description : To settle a dispute, which do you prefer: Monster, or Chicken?

Last Answer : Too bad these are my only options. I would choose sabers at 20 feet to settle any disputes.

How should I proceed to claim/dispute a Facebook Page?

Description : How should I proceed to claim/dispute a Facebook Page?

Last Answer : E-mail FaceBook and dispute the page. You may have to go through additional steps to PROVE you are the rightful group.