Imagine that you have been hired to audit the sales and collections of a medium to large merchandising company. Suggest at least two (2) ways that management could manipulate earnings, and make specific recommendations for the internal control procedure to prevent or detect the transaction. Justify your response.

Answer rating: 100% (QA)

1 Usually when a new CEO or management comes into power due to problems within a company they undo the policies set by the old management and undergo ... View the full answer