Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

Question

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Answer 1

Question

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

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Answer 2

Question

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

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Answer 3

Question

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

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Answer 4

Question

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

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Answer 5

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

Answer 6

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

Answer 7

Chapter 1, Problem 26PSB

a.

To determine

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

Answer 8

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

Answer 9

b.

To determine

Recognize and discuss the elements of fraud triangle that motivated the fraud.

Answer 10

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

Answer 11

c.

To determine

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

Answer 12

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

Answer 13

d.

To determine

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

Answer 14

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Answer 15

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Answer 16

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Answer 17

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Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

Explain the reason for failing to prevent fraudulent reporting by internal control practice of separation of duties.

Recognize and discuss the elements of fraud triangle that motivated the fraud.

Explain the manner in which provision of the Sarbanes-Oxley act would serve to prevent this type of fraudulent reporting.

Identify the ethical principles that violated by the CFO (Chief financial officer) and comment on those ethical principles.

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