Question: Management and Internal Control Please respond to the following: e-Activity: Use the Internet to research at least two (2) accounting scandals within the past five

Management and Internal Control Please respond to the following:

e-Activity: Use the Internet to research at least two (2) accounting scandals within the past five (5) years. Be prepared to discuss.

  • Create a scenario where external auditors determined that a company's internal controls were deficient, but such a deficiency might not mean that a material weakness existed. Ascertain the impact on the audit plan if additional deficiencies are discovered on other related internal controls. Support your position.
  • Fromthee-Activity,identifytheaccountsthatthefraudhadaffected,andanalyzetheauditorsresponsibilitytodetectfraud.Suggestkeyinternalcontrolsthatwouldhaveeitherpreventedordetectedthefraudulentbehaviorortransactions.Justifyyourresponse.

Hello can you please answer the following two questions?

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