You are an accountant or part of a company's management team, What would you do to help

Fantastic news! We've Found the answer you've been seeking!

Question:

You are an accountant or part of a company's management team, What would you do to help prevent fraud as per the Fraud Triangle? What controls procedures or policies would you implement to deal with Opportunity incentives?

Related Book For answer-question

Human Resources Law

ISBN: 978-0132568890

5th edition

Authors: John Remington, Richard T. Heiser, Cyrus Smythe, Kenneth Sov

See More Books

Posted Date: Jan 03, 2021 08:13 AM

See More Questions

You are an accountant at a local CPA firm that is auditing the accounting records of ABC Company. You have been asked to educate the accounting department about the limitations of the internal...
As an employer, what would you do to minimize exposure to ADA claims?
You are an accountant for the ABC Mining Company, and the CFO gives you a copy of a recent lease agreement to record. As you read the agreement you discover the company has leased 12 trucks from the...
Host A has a file of 49.5Kbytes to send to host C and host B has a file of 70.5Kbytes to send to host D, both using TCP. TCP connection 1 from A to C and TCP connection 2 from B to D share one...
Four years from now, Tim and Justine plan to take a years leave of absence from their jobs and travel through Asia, Europe, and Africa. They want to accumulate enough savings during the next four...
A brand-new sleeve bearing has been installed in a machine. The vibration levels on restart of the machine are not within tolerance, and the predominant peaks are at exactly one-half the operating...
The mean wages for a sample of employees in a company was $$16.50$ per day with a standard deviation of $$1.50$ per month. Estimate the percent of wages between $$12.00$ and $$21.00$ per day....
The partnership of Anderson, Berry, Hammond, and Winwood is being liquidated. It currently holds cash of $20,000 but no other assets. Liabilities amount to $30,000. The capital balances are Anderson...
The Cabinet Shoppe is considering the addition of a new line of kitchen cabinets to its current product lines. Expected cost and revenue data for the new cabinets are provided below: Annual sales...
Each morning, Ruma randomly selects and buys one of the four newspapers available at her local shop. Find the probability that she buys: a. The same newspaper on two consecutive mornings b. Three...
Opening Capital =Rs. 5,00,000 Profits during the year =Rs. 1,00,000 Calculate the Average Capital of the year. B D Rs. 55,000 Rs. 5, 50, 000 Rs. 9, 167 Rs. 50,000
Suppose: Your gross salary is currently 45K annually. Your boss offers you to switch to a market-based contract: $30 K if the market is down or $80 K if the market is up, the market is equally likely...
Esquire Products Inc. expects the following monthly sales: January ps 28,000 July $ 22,000 February 19,000 August 26,000 March 12,000 September 29,000 April 14,000 October 34,000 Can 8,000 November...
What challenges arise under each approach in terms of building and leveraging knowledge that can yield competitive advantage, and what can companies do to enhance the effectiveness of their knowledge...
SCI producer of chips Wing chips wants to perform an ABC analysis of its 11 main Suppliers. The information available is the following: What is the result of the ABC analysis? What proposals would...
Your company had sales of $14,600,000 in 2017 and receivables of $1,600,000. Your boss asks you this question: What would happen to the cash if DSO gets worse by 5 days?
State of Software Security OVERVIEWCOMPLETIONFEEDBACK Background Over the years, many vendors have begun producing cybersecurity industry reports for the public that provide a sort of "state of the...
What is your opinion of advertising awards, such as the Cannes Lions, that are based solely on creativity? If you were a marketer looking for an agency, would you take these creative awards into...
What are the responsibilities of the employee and the employer under the FMLA?
A 43-year-old male, Mike, applied for a job promotion at a marketing firm, along with four other employees. He is notified that he did not get the job, but his 32-year-old female co-worker, JoAnn,...
How could refusing to hire a convicted felon be unlawful?
Thor Industries manufactures Airstream and other recreational vehicles (RVs). In In June 2023, an article in the Wall Street Journal stated that the inventories of RVs held by Thor dealers had risen...
An article in the New York Times in early 2009 stated that even though The the U.S. economy was in a recession, and movie ticket sales had increased by 17.5 percent. In contrast, during 2020, ticket...
An article on barrons.com observed that the U.S. dollar has been droppingand thats good news for the stock market and companies that get a large chunk of their sales from overseas. a. What does the...

You are an accountant or part of a company's management team, What would you do to help

Question:

Expert Answer:

You are an accountant or part of a companys management team what would you do to help prevent fraud ... View the full answer

Human Resources Law

Students also viewed these accounting questions