for review questions, I would appreciate if you could assit with answering 9-5 & 9-7 and 9-1 & 9-6 for discussion board respectfully.

REVIEW QUESTIONS biective 9-1) What are the five categories o misappropriate noncash tangible assets 9.2 (Learning objective Fraud Survey, how do with cash misappropriations i misappropriated? (Learning objective 9-1) What are of schemes used to misappropriate All of ABC's lumber and other building materials are stored in identified in this chapter? a central warehouse and are relased upon signed without eaming objective 9-2) According to the 2011 Global from job-site supervisors as needed. Able requests twice the Survey, how do noncash misappropriations compare amount of lumber that is actually needed for a particular job. misappropriations in terms of frequency and cost? He uses the excess materials to build a new deck on his home. How would Able's scheme be categorized? What two types of noncash assets were most commonly 9-6 (Learning objective 9-9) What is shrinkage? 9.7 (Learning objectives 9-8 and 9-10) Baker works in the 0.1 (Learning objective 9-3) What are some examples of sales department of ABC Company, which manufactures com asset misuse? Give at least three. puter chips. Baker creates false documentation indicating that XYZ, Inc. (a nonexistent company has agreed to purchase 9.4 (Learning objective 9-4) What is an unconcealed larceny a large quantity of computer chips. The computer chips are scheme? shipped to XYZ, Inc. "headquarters, which is really Baker's house. How would Baker's scheme be categorized, and what 9.5 (Learning objective 9-6) Able is a job-site supervisor for are some red flags that might occur as a result of the scheme? ABC Construction. Able is responsible for overseeing the con 9-8 (Learning objective 9-7) How do employees use falsified struction of a number of residential homes and for making sure receiving reports as part of schemes to steal inventory? each of his crews has sufficient materials to complete its work. DISCUSSION ISSUES 9.1 (Learning objective 9-3) Jones is the manager of ABC Auto Repair. Unknown to his employer, Jones also does free- lance auto repair work to earn extra cash. He sometimes uses ABC's facilities and tools for these jobs. Discuss the costs and potential costs that ABC might suffer as a result of Jones's actions. 9-2 (Learning objectives 9-4 and 9-5) Discuss how establish- ing a strong system of communication between employees and management can help deter and detect inventory larceny. 9-3 (Learning objectives 9-5 and 9-6) In the case study "Chip- ping Away at High-Tech Theft," do you believe the procedures and controls maintained by the manufacturer contributed to the theft? Why, or why not? 9.4 (Learning objective 9-5) Discuss the controls that an organization should have in place to effectively prevent and detect larceny of inventory changed the order so that twenty-one chased. When they were delivered, he stole the extra como moters were Later, ten more new computers were purchased for the employees in the company's research and development depan ment. Baker also stole one of these computers. How show these two schemes be classified under the fraud tree? 9-6 (Learning objectives 9-8 and 9-12 Baker is an auditor for ABC Company. As part of a proactive fraud audit, Baker runs the following tests: (1) a review of the sales register to dormant customer accounts that posted a sale within the last two months, and (2) a comparison of the sales register and the shipment register for shipping documents that have no associ- ated sales order. Taken together, what type of noncash scheme is Baker most likely to find with these tests? Explain how each one might identify fraud