Question: Homework: Week 5: Homework Save HW Score: 11.67 % , 5.25 of 45 pts Score: 0 of 7 pts 3 of 6 (1 complete) P4-43A

 Homework: Week 5: Homework Save HW Score: 11.67 % , 5.25

Homework: Week 5: Homework Save HW Score: 11.67 % , 5.25 of 45 pts Score: 0 of 7 pts 3 of 6 (1 complete) P4-43A (book/static) EQuestion Help Mark Kershey, a former Smucker employee, was charged with defrauding the J.M. Smucker Company of more than $4.1 million over a 16-year perlod. Charges were filed in October 2014. In 2015, Kershey was sentenced to nearly flve years in prison (Click the icon to view additional information. Read the requirements. Requirement 1. What internal controls could have been used to prevent Kershey from carrving out the false billing scheme? .Kershey should not have .An annual independent audit by might possibly There should have beon The Smucker should audit off-site employees More Info Kershey was the chief airplane mechanic Akron-Canton Alrport in Ohlo from 1990 until the company's hangar at the was discharged by Smucker in Requirements more than 84.1 million hy using a fictiticus entity he created He hilled Smucker for nonexistent parts and/or work that he himself actually performed as part of his $10,000 1. What internal controls could have been used to prevent Kershey from carrying out the false billing scheme? approved the few invoices that were for more than $10,000 based on his trust in Kershey. To carry aut false billing scheme, Kershey set up a post office box in 2. What factors might have contributed to the weak internal control environment that allowed this scheme to exist for 16 years? s Co APS) He (as APS) would then ierice Smucker using ponseguential iroice numbers, so it looked like APS was invoicing olther companies too. Kershey used the prooeeds to purchase and maman oplan e 2012 n Print Done three checks written by Smucker to APS totaling $44,000 were not cashed. When Smucker employee questioned Kershey about the uncashed checks, Kershey indicated that APS had been sold to another Smucker vendor. The false billing scheme began to unravel and Kershey was fired. Print Done Click to select vour answerfs) and then click Check Ansswer. Homework: Week 5: Homework Save HW Score: 11.67 % , 5.25 of 45 pts Score: 0 of 7 pts 3 of 6 (1 complete) P4-43A (book/static) EQuestion Help Mark Kershey, a former Smucker employee, was charged with defrauding the J.M. Smucker Company of more than $4.1 million over a 16-year perlod. Charges were filed in October 2014. In 2015, Kershey was sentenced to nearly flve years in prison (Click the icon to view additional information. Read the requirements. Requirement 1. What internal controls could have been used to prevent Kershey from carrving out the false billing scheme? .Kershey should not have .An annual independent audit by might possibly There should have beon The Smucker should audit off-site employees More Info Kershey was the chief airplane mechanic Akron-Canton Alrport in Ohlo from 1990 until the company's hangar at the was discharged by Smucker in Requirements more than 84.1 million hy using a fictiticus entity he created He hilled Smucker for nonexistent parts and/or work that he himself actually performed as part of his $10,000 1. What internal controls could have been used to prevent Kershey from carrying out the false billing scheme? approved the few invoices that were for more than $10,000 based on his trust in Kershey. To carry aut false billing scheme, Kershey set up a post office box in 2. What factors might have contributed to the weak internal control environment that allowed this scheme to exist for 16 years? s Co APS) He (as APS) would then ierice Smucker using ponseguential iroice numbers, so it looked like APS was invoicing olther companies too. Kershey used the prooeeds to purchase and maman oplan e 2012 n Print Done three checks written by Smucker to APS totaling $44,000 were not cashed. When Smucker employee questioned Kershey about the uncashed checks, Kershey indicated that APS had been sold to another Smucker vendor. The false billing scheme began to unravel and Kershey was fired. Print Done Click to select vour answerfs) and then click Check Ansswer

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