This chapter mentioned alleged fraudulent revenue reporting at Coca Cola and McAfee. Using a search engine, search the phrase “SEC channel stuffing”. Give one more example of a company that was investigated, or is being investigated by the SEC. What are the facts and status of the case?
Answer to relevant QuestionsProcess maps and internal control considerations for Cluxton’s sales, billing, and collection processesWhat are the advantages of BPR? Identify some inefficiencies inherent in a manual expenditures processing system. Describe how a ERS system could improve the efficiency of expenditure processes? Using a search engine, search the internet for information about Evaluated Receipt Settlement, or ERS. You may have more success by searching for the terms ERS and invoices together in one search. Based on what you read ...
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