Question: In this module you learned about financial statement fraud (FSF) and detection by recognizing the symptoms of FSF, developing a framework to detect FSF using

In this module you learned about financial statement fraud (FSF) and detection by recognizing the symptoms of FSF, developing a framework to detect FSF using strategic reasoning and the Fraud Exposure Rectangle.

Answer the following questions:

  • Evaluate the financial statement fraud scheme.
  • Explain how information determined by using the Fraud Exposure Rectangle can help assess the likelihood of financial statement fraud.
  • Explain how information obtained through using strategic reasoning can help assess the likelihood of financial statement fraud.

Please make sure that your post answers each question completely and comprehensively. Be detailed in your discussion response. Be sure to support your statements with logic and argument, citing any sources referenced.

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