(Answered) Both managers and auditors need to understand the fraud

Accounting

Both managers and auditors need to understand the fraud symptoms, or fraud anomalies, and how they can decrease the risk of fraud in an organization. By being aware of these anomalies, management can work to counter these symptoms, while auditors can more easily assess the fraud risk.

Examine the Harvard Diamond Foods fraud case located in your Syllabus course materials. What are some examples of the 6 anomalies of fraud indicators that you can find in Diamond Foods' operating procedures and company personnel?

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