Business, 25.01.2020 01:31 anonymous1813
In one of the case studies in the textbook, ernie phillips was a cpa who had fallen on hard times both financially and personally. he eventually got a job as a controller for a friend who had just been named as the receiver for a financial services company. within a short period of time phillips began writing checks to himself that had nothing to do with payroll. how was the fraud discovered?
a. the president received a bank statement containing canceled checks that had been written to phillips.
b. the receiver received a call from the bank asking him to verify a check.
c. a vendor received a check in error reported it to the operations manager.
d. the operations manager found a check made payable to phillips while searching phillips' desk for some accounting records.
Answers: 1
Business, 21.06.2019 22:40
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Business, 23.06.2019 00:30
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Business, 23.06.2019 02:30
For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a
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In one of the case studies in the textbook, ernie phillips was a cpa who had fallen on hard times bo...
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