Question: Alexia Jones is a worker at a local 24-hour pharmacy. Alexia works the night shift and is the only worker. Because management is cost-conscious and

Alexia Jones is a worker at a local 24-hour pharmacy. Alexia works the night shift and is the only worker. Because management is cost-conscious and business is slow at night, Alexia has been given the responsibility to do the accounting from the previous day. Alexia has two children, and her husband does not work. Alexia has strong pressure to provide well for her family.
1. Is the pharmacy at risk for fraud? Why or why not?
2. How does the fraud scale help us to determine if risk for fraud is high or low in this situation?
3. Assuming that you were recently hired by the pharmacy as a business consultant, what information would you provide to the owner of the pharmacy concerning fraud?

Step by Step Solution

3.33 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The pharmacy has a high risk of fraud Alexia has great pressure to provide well fo... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

158-L-B-L-F-M (67).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!