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xiaily xiaily
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Which of the following is an accurate statement regarding nonexistent employees?

▸ In order to prevent this type of fraud, the foreman should distribute the paychecks and approve the time cards.

▸ Records for all terminated employees should be destroyed to prevent this type of fraud.

▸ The person committing this type of fraud is generally the CEO or CFO of the company.

▸ This type of fraud often results from the continuance of an employee on the payroll after the employee has been terminated.
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Auditing and Assurance Services


Edition: 17th
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mooltipasmooltipas
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This type of fraud often results from the continuance of an employee on the payroll after the employee has been terminated.

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