Didrikson Rubin, the auditor of Red Barn Farm Equipment, was verifying cash payments to vendors for the past several months. She noticed that several checks had been paid to a specific vendor, but she couldn’t find a record of the transactions in the computerized system. Didrikson suspects that an employee is issuing checks to a fictitious “vendor” and then deleting the transactions from the computerized system. How might Didrikson investigate the suspected fraud?
Didrikson Rubin, the auditor of Red Barn Farm Equipment, was verifying cash payments to vendors for the past several months. She noticed that several checks had been paid to a specific vendor, but she couldn’t find a record of the transactions in the computerized system. Didrikson suspects that an employee is issuing checks to a fictitious “vendor” and then deleting the transactions from the computerized system. How might Didrikson investigate the suspected fraud?
Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter3: The Judicial System
Section: Chapter Questions
Problem 1QAP
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Didrikson Rubin, the auditor of Red Barn Farm Equipment, was verifying cash payments to vendors for the past several months. She noticed that several checks had been paid to a specific vendor, but she couldn’t find a record of the transactions in the computerized system. Didrikson suspects that an employee is issuing checks to a fictitious “vendor” and then deleting the transactions from the computerized system. How might Didrikson investigate the suspected fraud?
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