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in the capital budgeting model c. development of an economic order quantity model d. estimates of anticipated cost savings . Adam Smith worked in the
in the capital budgeting model c. development of an economic order quantity model d. estimates of anticipated cost savings . Adam Smith worked in the stockyard of a large building supply company. One day he unexpected and without notice left for California never to return. His foreman seized the opportunity continue to submit time cards for Adam to the payroll department. Each week, as part of normal duties, the foreman received the employee paychecks from payroll and distributed the to the workers on his shift. Since Adam Smith was not present to collect his paycheck, the forem forged Adam's name and cashed it. Required: Describe two control techniques to prevent or detect this fraud scheme. Gaboner Co. maintains a large fleet of automobiles, trucks, and vans for use by their servi sales force. Supervisors in the various departments maintain the fixed asset records for vehicles, including routine maintenance, repairs, and mileage information. This informa periodically submitted to the fixed asset department, which uses it to calculate deprecia the vehicle
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