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describe the ways in which the fraud occurred, and identify

    describe the ways in which the fraud occurred, and identify which accounts wereimpacted in the case you researched. Describe the accounting method used tocommit the fraud, where in the accounting process the fraud occurred, and theimpact to users of financial statements. Provide specific examples in yourresponse.Employee theft is a major problem in the U.S. retail industry. Informationobtained from SecurityInfoWatch reported that 23 major retailers aloneapprehended over 1.1 million shoplifters and dishonest employees, and recoveredmore than $189 million from these thieves in 2012. From the second e-Activity,identify at least four (4) internal controls effective in mitigating employeetheft and / or fraud. Provide at least two (2) examples of internal controlsthat could be implemented to reduce theft in the U.S. retailindustry.Reply Quote

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