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Answer both of the questions that are on the forms which I have attached there are only 2 questions answer completely . tarted Armae FA

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Answer both of the questions that are on the forms which I have attached there are only 2 questions answer completely .
tarted Armae FA ACG-2021-86713 Financial Accounting Assignments Smuckers Internal Control Extra Credit Discussion Board Submission Details 16 smuders internal control Extra Credit Disaussion Board, Juan Cotto Submit Assignment ments What internal controls might have prevented a former Smucker employee from stealing Sdlmillion over16 years? In October 2014, a former smucker employee, Mark Kershey, was charged with defrauding the J M. Smucker Company of more than $4.1 million over a 16 year period. Kershey was the chief airplane mechanic at the company's toring hangar at the Akron-Canton Airport inOhio from 1990 until he was discharged by Smucker in 2013. From 1997 until he left Smucker,Kershey invoiced smucker for more than S.1 million by using a fictitious entity he created. Hebilled smucker nonexistent parts and/or work that he himself for actually performed as part ofhis duties as a salaried employee. Most of these invoices were for less than S10,000, which Kershey himself was authorized to approve. A supervisor to Kershey approved the few invoices that were for more than $10,000 based on his trust in Kershey. To carry out his false billing scheme, Kershey set up a post office box in Lake Township in Ohio using the fictitious entity name of Aircraft Parts Services Co (APS). He (as APS) would then invoice Smucker using non-sequential invoice numbers, so it looked like APS was invoicing other companies too Kershey used the proceeds to purchase and maintain two planes, several automobiles, and make payments on his house, Kershey was eventually to caught in late 2012 when three checks written by Smucker to APS

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