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Which elements of the fraud triangle are present in this situation? Which type of fraud is in consideration? Who might suffer in the short term
Which elements of the fraud triangle are present in this situation? Which type of fraud is in consideration? Who might suffer in the short term if you go along with your supervisor's request? What might happen in the future if you go along with the request this time? If you do not go along, who might suffer in the short term and what could be the long- term consequences? You want to be loyal to your supervisor but honest to others who rely on your work. As an accounting assistant, which of these concerns should be most important? Why? What alternative courses of action can you take? Which of these is "best" given the circumstances? You are an assistant in the accounting department of Thunderduck Shoes, a small retailer. The company has a loan that requires the company to maintain a minimum cash balance of $75,000, as reported on its year-end balance sheet. The cash balance in the general ledger was $80,000 prior to recording payroll for salaries of $15,000 that were earned in the current month. Your supervisor says the only way Thunderduck Shoes can meet its loan requirement is to delay recording the December payroll
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