=+Why would it take so long to discover such a fraud? E5-7 Internal controls Objs 2, 3
Question:
=+Why would it take so long to discover such a fraud?
E5-7 Internal controls Objs 2, 3 Quality Sound Co. discovered a fraud whereby one of its front office administrative employ¬
ees used company funds to purchase goods, such as computers, digital cameras, compact disk players, and other electronic items for her own use. The fraud was discovered when employees noticed an increase in delivery frequency from vendors and the use of unusual vendors. After some investigation, it was discovered that the employee would alter the description or change the quantity on an invoice in order to explain the cost on the bill.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: