Wendy is an accountant for a local service company. Without prior authorization or knowledge by anyone else,

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Wendy is an accountant for a local service company. Without prior authorization or knowledge by anyone else, she set up several dummy companies and began writing checks to them for fictitious purchases. Her scheme was discovered later when her numerous purchases of luxury goods came to light. What controls should have been in place and therefore might have prevented this fraudulent activity from occurring?
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Core Concepts Of Accounting Information Systems

ISBN: 9780470507025

11th Edition

Authors: Nancy A. Bagranoff, Mark G. Simkin, Carolyn Strand Norman

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