Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Plz answers from 8 , 9 and 10 . the 17.2 table is showed above. I need it asap 8. The Patricia Smith fraud scheme
Plz answers from 8 , 9 and 10 . the 17.2 table is showed above. I need it asap
8. The Patricia Smith fraud scheme involved adding back sold vehicles to inventory and reducing the vehicle financing loan account. Those two actions are related to which element of the fraud scheme? a conversion b. concealment c. the act d. opportunity 9. The Patricia Smith fraud scheme refers to an e-mail from the CFO on July 28, 2011 asking for explanations. With reference to the fraud detection methods in Table 17.2 it seems that the most likely way that this fraud was detected was a external audit b. surveillance c. notified by law enforcement d. management review TABLE 17.2 The Discovery of Occupational Fraud Schemes Percent 40 15 Detection of Occupational Frauds Tip Internal audit Management review By accident Other 13 7 6 Account reconciliation 5 Document examination 4 External audit 4 Surveillance, notified by law enforcement, IT controls, and confession 7Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started