By ordering unnecessary products at inflated prices, the purchasing manager of XYZ Companydefrauded his employer of more than $400,000 over a two-year period, a significant amount for thisbusiness.Which of the following data analysis procedures could have been used to detect this fraud?O Sort purchases by vendor and purchase volumeO Search for employees with the same address or telephone numbers as vendorsO All of these procedures could have been used to detect this fraudO Chart price increases and purchase volumes of different products over time

A system is formed by the company in which all the things have to be done under proper procedures so…

Answered: Which of the following data analysis…

Business

Accounting

Which of the following data analysis procedures could have been used to detect this fraud?

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter14: Adjustments For A Merchandising Business

Section: Chapter Questions

Problem 1CP: Block Foods, a retail grocery store, has agreed to purchase all of its merchandise from Square...

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