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Jones is the manager for ABC Auto Repair. Unknown to his employer, Jones also does freelance auto repair work to earn extra cash. He sometimes uses ABC's facilities and tools for these jobs. Discuss the costs and potential costs that ABC might suffer as aresult of Jones's actions.

Discuss how establishing a strong system of communication between employees and management can help deter and detect inventory larceny..
In the case study "Chipping Away at High-Tech Theft," do you believe the procedures and controls maintained by the manufacturer contributed to the theft? Why, or why not?

If you suspected someone of being involved in a kickback scheme, what would you look for?

An employee can implement a kickback scheme regardless of whether she has approval authority over the purchasing function. How might this be accomplished?

What are some clues that might alert you to possible fraudulent activity at the different stages of a bid-rigging scheme?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9897741

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