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Myra Manning, CFE, was hired to investigate some suspicious activity at Arizona Medical Supply after one of the companys largest customers complained several times that
Myra Manning, CFE, was hired to investigate some suspicious activity at Arizona Medical Supply after one of the companys largest customers complained several times that its account statements do not reflect all the payments it has made. While examining the accounts receivable activity, Myra noticed a significant rise in the volume of overdue accounts during the last 6 months. What type of scheme might she have uncovered and why?
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