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Question 1 of 5 View Policies -/1 E Current Attempt in Progress Match each situation with the fraud triangle factor-opportunity, financial pressure, or rationalization-that
Question 1 of 5 View Policies -/1 E Current Attempt in Progress Match each situation with the fraud triangle factor-opportunity, financial pressure, or rationalization-that best describes it. a. An employee's monthly credit card payments are nearly 75% of his or her monthly earnings. b. An employee earns minimum wage at a firm that has reported record earnings for each of the last five years. C. An employee has an expensive gambling habit. d. An employee has check-writing and signing responsibilities for a small company, as well as reconciling the bank account. 1111 Question 2 of 5 < > View Policies Current Attempt in Progress Rosenquist Company has the following internal control procedures over cash receipts. Identify the internal control principle that is applicable to each procedure. a. All over-the-counter receipts are entered in cash registers. b. All cashiers are bonded. C. Daily cash counts are made by cashier department supervisors. d. The duties of receiving cash, recording cash, and custody of cash are assigned to different individuals. e. Only cashiers may operate cash registers.
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