The costs for a supervisor are included in indirect costs. The supervisors travel is included in the

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The costs for a supervisor are included in indirect costs. The supervisor’s travel is included in the indirect costs. Susie is a supervisor for a sewing department at a clothing manufacturing company. As a supervisor, she makes $75,000 per year. Lately, Susie has been traveling to conferences and recruiting employees. She has completed her own travel reports with copies of her receipts, not originals. Terry, Susie’s administrative assistant, noticed that Susie has submitted a travel report for days she was in the office. Terry then reviews all of Susie’s travel reports. Terry’s investigation revealed that Susie had been in the office on at least half of the dates listed on the travel reports. What should Terry do? What effect does this fraud have on the company?

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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