who are the people who usually commit fraud

Question

Two very common ways that employees commit fraud against their employers is the misstatement of reimbursable expense accounts and the misuse of office supplies for personal purposes. Although these schemes are usually not individually significant, their magnitude can be damaging if these practices are widespread. Please comment on these types of fraud (and other examples of employee fraud) and what internal controls they would put in place in an organization to curb this activity.

Answer 1

Question

Chapter 1, Problem 4MCQ

To determine

To determine who are the people who usually commit fraud

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