a. John worked in the inventory department of a large building supply company. One day he unexpectedly left for Hong Kong and never return. His supervisor seized the opportunity to continue to submit timecards for John to the payroll department. Each week, as part of his normal duties, the supervisor received the employee paychecks from payroll and distributed them to the workers on his shift. Because John was not present to collect his paycheck, the supervisor forged John's name and cashed it. Describe control techniques to prevent or detect this fraud scheme. (10 marks) b. Although fraud's is familiar term in today's financial press, its meaning is not always clear. For examples, in case of bankruptcies and business failures, alleged fraud is often the result of poor management decisions or adverse business conditions. Under circumstances, it becomes necessary to clearly define and understand the nature and meaning of fraud. According to common law, there are five conditions that must be present for an act to be deemed fraudulent. Name and explain each