B107 Chapter Notes - Chapter 8: Financial Statement, Internal Control, Internal Audit

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23 Apr 2015
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Select the best answer for each of the following questions. fraud has occurred. may not be discovered. controls. 2)what fraud schemes were reported to be most common in the acfe"s 2012 report to the nation: corruption, fraudulent billing, misappropriation of assets by employees. i think this is the answer. It"s in the organization"s best interest. a: the company owes me because i"m underpaid. c) d) I want to get back at my boss (revenge). Investigate suspicious activities that they believe may be fraudulent. 5)an organization that manufactures and sells computers is trying to boost sales between now and the end of the year. It decides to offer its sales representatives a bonus based on the number of units they deliver to customers before the end of the year. The price of all computers is determined by the vice president of sales and cannot be changed by sales representatives.

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