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K Saver Beaumont Independent School District (BISD) is a public school district in Beaumont, Texas. It has three high schools, six middle schools, and

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K Saver Beaumont Independent School District (BISD) is a public school district in Beaumont, Texas. It has three high schools, six middle schools, and 16 elementary schools, serving approximately 21,000 students. In February, 2015, Patricia Lambert, former BISD Assistant Superintendent, was indicted for theft connected with her position in the school district (Click the icon to view information about Lambert's situation) (Click the icon to view the schemes.) Read the requirements Requirement 1 and 2. For each of the four schemes allegedly run by Lambert, comment on what internal control principles would likely have been violated. And, describe controls that could ham been put into place to prevent the type of fraud that Lambert is charged with committing. (If an input field is not used in a table leave the field empty; do not make a selection.) Booster Club funds: Internal Control Principle Separation of duties Student activity fees: Controls that could be put into place Have an annual audit by an independent CPA Have another individual approve payments, sign checks, and perform bank reconciliations Internal Control Principle Controls that could be put into place

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