Tom works for ZYX Company and is suspected of embezzling funds from the company. By searching databases
Question:
Assets ...... $120,000
Liabilities ....... 70,000
Living expenses ... 50,000
Known income ..... 60,000
Prior year’s net worth .. 10,000
1. Use these data to figure out Tom’s income from unknown sources by performing a net worth calculation.
2. How can this information be used to motivate Tom to confess that he has stolen from ZYX Company?
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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