Question: FRAUD Refer to the Professional Judgment in Context feature How to Account for Virtual Sales at Zynga. Answer the following questions: What are the inherent

FRAUD Refer to the Professional Judgment in Context feature How to Account for Virtual Sales at Zynga. Answer the following questions:

What are the inherent risks associated with the revenue transactions at Zynga?

What are managements incentives to fraudulently misstate revenue transactions?

What controls should Zynga management have in place to mitigate the risks associated with revenue transactions?

How might auditors use planning analytical procedures to identify any potential concerns with Zyngas revenue?

What might be considered sufficient appropriate evidence when auditing Zyngas revenue transactions?

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