Question
28. The Chief Financial Officer (CFO) of a restaurant chain notices that the travel expenses for the Chief Executive Officer (CEO) are much higher than
28. The Chief Financial Officer (CFO) of a restaurant chain notices that the “travel expenses” for the Chief Executive Officer (CEO) are much higher than anticipated for the year. She suspects that the CEO is committing corporate fraud by embezzling the extra money. She notifies the CEO of her concern, but is told that all of the expenses are legitimate.
| a. How would this suspected fraud be detected? |
| b. What legislation does this fall under? |
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
