1. Indicate whether the fraud involves misappropriation of assets or fraudulent financial reporting. a. The accounts receivable clerk stole checks received in the mail and deposited them in an account that he controlled. He issued credit memos to the customers in the amount of the diverted cash receipts. b. The company contacted a major customer and asked them to accept a major shipment of goods before year-end. The customer was told that they could return the goods without penalty if they were unable to sell the goods. c. A cashier stole cash receipts that had been recorded in the cash register. d. The company recorded "bill-and-hold sales" at year-end. Although the invoices were recorded as sales before year-end, the goods were stored in the warehouse and shipped after year-end. e. The company did not record credit memos for returns received in the last month of the year. The goods received were counted as part of the company's year-end physical inventory procedures. f. The CFO recorded fictitious credit sales at the end of the year without recording the associated cost of sales and reduction in inventory