Beyond the Numbers ETHICS BTN 8-1 Harriet Knox, Ralph Patton, and Marcia Diamond work for a family physician, Dr. Gwen Conrad, who is in private practice. Dr. Conrad is knowledgeable about office management practices and CHALLENC has segregated the cash receipt ouvier ise fillows.Knox opens the mail and prepares a triplicate list of c1 money received. She sends one copy of the list to Patton, the cashier, who deposits the receipts daily in the bank. Diamond, the recordkeeper, receives a copy of the list and posts payments to patients' accounts. About once a month the office clerks have an expensive lunch they pay for as follows. First, Patton 67 938 Chapter 8 Cash, Fraud, and Internal Control endorses a patient's check in Dr. Conrad's name and cashes it at the bank. Knox then destroys the remi miscellaneous credit. The three justify their actions by their relatively low pay and knowledge than tance advice accompanying the check. Finally, Diamond posts payment to the customer's accounts Dr. Conrad will likely never miss the money, Required 1. Who is the best person in Dr. Conrad's office to reconcile the bank statement? 2. Would a bank reconciliation uncover this office fraud? 3. What are some procedures to detect this type of fraud? 4. Suggest additional internal controls that Dr. Conrad could implement