subject
Business, 13.04.2021 01:50 reagan1514

In a Las Vegas casino, an employee discovered a flaw in the accounting system. The accounts payable clerk dis covered that he was able to change the names of vendors in the computer system to his name. He would create false invoices and create a check for the false invoice. The name on the check would be changed to the name of the employee. After the check was printed, the name in the system could then be changed back to the appropriate vendor. The check register would show only the name of the vendor. The fraudulent em ployee had authorization to sign checks under $1,000. By writing small checks, he was able to defraud the com pany of $10,000. This fraud was caught by accident. An employee of another department was looking through the vendor list on her computer after the fraudulent em ployee had changed the vendor name to his name. A few entries later, the vendor name changed again. She won dered how this could occur and asked her supervisor. Soon after, the fraudulent employee was caught. 1. What kind of fraud is being committed

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:30
Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.
Answers: 1
question
Business, 22.06.2019 11:20
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
question
Business, 22.06.2019 13:40
Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.
Answers: 1
question
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
You know the right answer?
In a Las Vegas casino, an employee discovered a flaw in the accounting system. The accounts payable...
Questions
question
Chemistry, 01.10.2021 20:50
question
Mathematics, 01.10.2021 20:50
question
Mathematics, 01.10.2021 20:50