Question
The following are symptoms of fraud. You are to label each symptom as one of the following. 1.Accounting anomaly 2.Internal control weakness 3.Analytical anomaly 4.Extravagant
The following are symptoms of fraud. You are to label each symptom as one of the following.
1.Accounting anomaly
2.Internal control weakness
3.Analytical anomaly
4.Extravagant lifestyle
5.Unusual behavior
6.Tip or complaint
_____ Stale items on a bank reconciliation
_____ Inadequate accounting system
_____ Strange financial statement relationships
_____ Defensiveness
_____ Employee hotline
_____ Unexplained inventory shortages or adjustments
_____ Lack of physical safeguards
_____ Journal entries without support
_____ Easiest outward symptom of fraud to detect
_____ Unreasonable expenses or reimbursements
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