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A company maintains account receivable subsidiary ledgers. Whenever collections are received, a summary is prepared. One clerk is designated to issue the official receipts and

A company maintains account receivable subsidiary ledgers. Whenever collections are received, a summary is prepared. One clerk is designated to issue the official receipts and postings to ledgers. Required: Evaluate the case by discussing: A. How can an employee attempt fraud? B. What control(s) should be present to prevent concealment

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