C Copart USA Leade A Simulati C Secure am,becket m/assignments 8168/study Apps My A Auto Data Direct In httpsllservicesflh Plates and Fra D Mi D Sign Up N PONTIAC-bandas QueRicavid Colectat bookmarks Assig AccountingMaster anne Londave KA BECKER Sct TIm e Elapsed Simulation 40 49 estlett 2 of 2 Unsplit Split Horiz Split Vertical Spreadsheet Calculator Submit Testlet MINUTI ES ECOND Fraud Authoritative Literature Help The year under audit is Year 4 from provided the type of fraud fraud factor, and appropriate audit procedure to detect misstatement due to fraud. A selection may be used once, more than once, or not at bel double-click on the associated shaded cell and select the list For each independent situation no fraud committed, ect Not A type of ud, fraud dit procedu detect ent du ppropriat Audit procedure to Fraud Incident Type of Fraud aud Facto Detect misstatement e to fraud 1. Berry phones produces two products cell phones and computer tablets. Bemyp phones utilizes expensive quality mat to create the Redberry In a Redberry pays top wages for its Not Applicable Not Applicable Not Applicable e cell phone. As a result, in Year and Year 2, Berryphones dominated the market in cells phone ial profits elated to its Redberry phone, which workforce to assemble and had substa quality and not offered by any The Redberry ph 705% of 2, On Ja Year 3, a new product released by a competitor. Strawbemyphone, made their most popular modal of cell phones, Redbemy ph ones, obsoleta. Mana bout to release their annul results for the ye ended December 31, Year 3, and has decided to ignore any of the competition's effect on their invento ry. Management has not recorded any fictitious sales. 2. The payroll manager of RMF enterprises is upset his est performance review and la of salary increase. The payroll managar faels hi alary is below market. As a result, the payroll isappropriation ncentivel manager coluded vi a payroll ff to add a fictitious employee to n Y ear 2. The pay roll manager created a fictitious paper fi or the employee an add the payroll ff er er the of Asset payrol employ ee infomation o the em. The weekly time cards are approved by the payroll manage he paychec of the itious employee was split 70/30 between the payrol ager and the payroll tall. The ama paid he company at S20,000, but does put the pay ue. When anagement perfor gers si ry at aasonableness chec he am ount goes undetected as the financial statements are rounded to the nearest mi he inventory purchasing manager is solely responsi ble for the p hasing of inventory inits Homestore. When the p at the inventory of towels is lov in its sing manager sees Store, the purchasing ger buy both Y d Y tly paid signifi ntly higher th rket tory rom their vendor Softproducts. Softproducts had an oral agreement with the purchasing manager to pay commission to the purchasing manager of 8% of the sales price. HomeStore is unaware of this agreement and the purchasing manager utilizes the commission from Softproducts for personal use. The commissions amounted to S40,000 and the company has $125,000,000 5 6 7 43 9 2 3 4 P Reminder Directions Prevo Next 19 AM