What is often required for an employee to successfully commit refund fraud?

Knowledge of transaction processes is crucial for an employee to successfully commit refund fraud. Understanding how transactions are recorded, processed, and reversed provides the individual with the necessary insights to exploit potential weaknesses in the system. This includes being aware of what documentation is needed for refunds, how to manipulate point-of-sale systems, and the likelihood of detection based on the company's policies and procedures.

Being knowledgeable enables the employee to navigate around safeguards and identify the best ways to evade scrutiny, such as timing their actions to minimize the chance of being caught. Without this understanding, an individual would likely be unable to orchestrate refunds effectively, making this aspect a fundamental requirement for committing refund fraud.