Question: I have an assignment which is called a Inventory and Other Non-cash Assets Fraud Discussion where can you please go through the question and answer

I have an assignment which is called a Inventory and Other Non-cash Assets Fraud Discussion where can you please go through the question and answer them accordingly? There are four questions need to be answered)

Inventory and other noncash assets fraud can be a significant source of financial loss for businesses, with employees or external fraudsters stealing or misusing assets for their benefit.

In your opinion, what are some of the most effective ways that companies can detect and prevent inventory and noncash assets fraud?

How can companies establish robust internal controls over their inventory and asset management processes and ensure that assets are appropriately secured, monitored, and accounted for?

Can companies use technological solutions to monitor inventory and asset transactions and detect unusual patterns or discrepancies?

Lastly, what are some of the ethical considerations that companies should keep in mind when investigating and addressing inventory and noncash assets fraud, and how can they ensure that they balance fraud prevention with the need to maintain positive relationships with employees and other stakeholders?

Please include references in your post if quotes are used but the best posts are written in your own words based on the common body of knowledge (CBOK) we are building from our readings.

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