Question

A loss prevention associate periodically reviews returns and sales reports to detect out of the ordinary activities by store staff. These computerized print outs that are used to review potential fraud-related issues are called

Answer 1

Transaction Exception Reporting Systems.

Step-by-step explanation:

In this scenario, a loss prevention associate periodically reviews returns and sales reports to detect out of the ordinary activities by store staff. These computerized print outs that are used to review potential fraud-related issues are called Transaction Exception Reporting Systems.

A Transaction Exception Reporting Systems refers to a computer-based system used as a method of data analysis by comparing an input (incoming) data set to an existing data framework and consequently, highlights any data (information) that do not match up.

Basically, a transaction exception reporting system compares transaction activities and can be used to detect or flag any varying information or items.