Question: Compose a case or (make up) a case where all of the elements of the fraud triangle are evident! Question 3 asks to explain what

Compose a case or (make up) a case where all of the elements of the fraud triangle are evident!

Question 3 asks to explain what is wrong with the statement below. What kind of suspicous activity do you see? PLEASE HELP!!

Compose a case or (make up) a case where all of the

Question 2 (20 points) Compose a fact pattern or scenario or case whereby all of the elements of the fraud triangle would be evident Question 3 (20 points) Q1 Q2 Cash $1,000,000 $200,000 Accounts Receivable $ 500,000 $500,000 Inventory $1,000,000 $1,000,000 Property. Plant E $5,000,000 $6,000,000 Long Term Debt $10,000,000 $10,000,000 Line of Credit $0 $1,000,000 Sales Revenue Gross $5,000,000 $8,000,000 Please discuss - What's going on here? What concerns do you have? What examination procedures will you undertake

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