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  • Solved The Postal Service Site Contains A Great Deal of Information

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    Anbu jaromia
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    The document contains summaries of multiple cases involving potential fraud based on financial records and investigations. A bank manager was extending risky loans for kickbacks that cost the bank millions. An employee of a company was suspected of embezzlement based on his assets exceeding his known income and expenses. An employee in a purchasing department role may have been embezzling funds over 12 years on the job. The document examines financial data and records for signs of potential fraud using methods like net worth analysis.

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    Solved the Postal Service Site Contains a Great Deal of Information

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    The document contains summaries of multiple cases involving potential fraud based on financial records and investigations. A bank manager was extending risky loans for kickbacks that cost the bank millions. An employee of a company was suspected of embezzlement based on his assets exceeding his known income and expenses. An employee in a purchasing department role may have been embezzling funds over 12 years on the job. The document examines financial data and records for signs of potential fraud using methods like net worth analysis.

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    © All Rights Reserved
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    37 views1 page

    Solved The Postal Service Site Contains A Great Deal of Information

    Uploaded by

    Anbu jaromia
    The document contains summaries of multiple cases involving potential fraud based on financial records and investigations. A bank manager was extending risky loans for kickbacks that cost the bank millions. An employee of a company was suspected of embezzlement based on his assets exceeding his known income and expenses. An employee in a purchasing department role may have been embezzling funds over 12 years on the job. The document examines financial data and records for signs of potential fraud using methods like net worth analysis.

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    © All Rights Reserved
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    (SOLVED) The Postal Service site contains a great deal of

    information
    The Postal Service site contains a great deal of information on the detection of mail fraud and
    the investigation efforts of the Postal Service.a. Access the U.S. Postal Service Web site at
    www. usps.gov. Enter into the search box the words “postal inspectors.” Review and become
    familiar with the fraud […]

    A bank manager’s responsibility was making loans. Auditors discovered that several loans he
    made over a five-year period had not been repaid. A fraud investigation revealed that the
    manager had been receiving kickbacks from risky clients in exchange for extending those loans.
    His loans had cost the bank millions of […]

    After searching public records and other sources, you accumulate the following financial
    information for John Dough: Given the financial information, determine whether there is a
    likelihood of fraudulent income. If so, determine theamount.

    Tom works for ZYX Company and is suspected of embezzling funds from the company. By
    searching databases on the Internet, talking with his ex-wife, and searching through his trash,
    you gather the following information: Assets …… $120,000Liabilities ……. 70,000Living expenses …
    50,000Known income ….. 60,000Prior year’s net worth .. 10,000 […]

    GET ANSWER- https://accanswer.com/downloads/page/1250/

    Mr. I. M. Bezzle works in the purchasing department for Big Time Inc. During the 12 years that
    he has worked there, he has been a trusted employee and has sole responsibility for the
    company’s purchasing function. He started working for the company in 1990 for $30,000 a year
    and […]

    The financial data for this case was collected during a fraud investigation:1. Without calculating
    the amount of unknown income, indicate possible red flags or trends you notice in the numbers
    above.2. Now calculate the amount of income and unknown income using the numbers given.
    Does it appear that a possible […]

    Using the net worth method, analyze the financial data at the bottom of this page for potential
    signs of fraud or embezzlement:1. Do your results indicate that this person could be committing
    some type of fraud? If so, why do you think so?2. What other factors might you consider to […]

    SEE SOLUTION>> https://accanswer.com/downloads/page/1250/

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