Accounting Information Systems
Solutions
Accounting Information Systems
What types of frauds are typically found in the purchasing process?
To determine: The type of frauds found in the purchasing process.
Introduction:
Accounting Information System (AIS) is said to be the specialized subsystem of the Information System (IS). AIS can be used in the business events for the purpose of collecting, processing, and reporting the financial information.
The type of frauds found in the purchasing process are as follows:
When an employee places an order or purchase goods for the business process and diverts it for personal use...
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