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Look at the variances shown below pulled from the City of Dixon financial statements. Do you notice anything odd or red flag for potential fraud?
Look at the variances shown below pulled from the City of Dixon financial statements. Do you notice anything odd or red flag for potential fraud? Please discuss in detail.
ALL THE QUEEN'S HORSES A LOOK AT THE BUDGET Appropriation Original Final Variance Positive (Negative) Actual EXPENDITURES (Continued) PAYMENTS TO PENSIONS Firefighters' Pension Fund Police Pension Fund 400.000 500,000 900,000 400,000 500,000 900,000 298,286 389,459 687,745 101,714 110,541 212,255 Total cash disbursements $ 15,193,300 $ 15,193,300 7,595,767 $ 7597,533 ALL THE QUEEN'S HORSES A LOOK AT THE BUDGET Appropriation Original Final Variance Positive (Negative) Actual EXPENDITURES (Continued) PAYMENTS TO PENSIONS Firefighters' Pension Fund Police Pension Fund 400.000 500,000 900,000 400,000 500,000 900,000 298,286 389,459 687,745 101,714 110,541 212,255 Total cash disbursements $ 15,193,300 $ 15,193,300 7,595,767 $ 7597,533Step by Step Solution
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