Accounting Dictionary - Letter F

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
False void
is a fraud related to merchandise returns. In the case of false voids, a fraud perpetrator keeps a copy of the customerís receipt at the time of sale and later (after the customer has left) uses it to create a fictitious void (i.e., as if the customer returned the merchandise).
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