Refer to the given system flowchart, and we have discussed the control weakness and the risk associated with these control weaknesses. Based on these control weaknesses and the associated risk, what types of frauds are possible in this business environment.(200 words)

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Q: What is computer fraud, and what types of activities does it include?

A:

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Q: incentives,

A: Fraud risk refers to the risk that is unexpected and related to the financial, material, or loss…

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Q: Define fraud and internal control

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Q: do COSO Internal Controls prevention fraud?

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Q: Explain how to conduct a fraud risk assessment

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A: Answer is A

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Fraud

Fraud in accounting is the planned manipulation of financial documents to make a false appearance of corporate financial health. Moreover, it includes an employee, accountant, or the company itself misleading investors and shareholders.