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6 Jones embezzled $10,000 from his company by stealing a check sent in by a...

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Accounting

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6 Jones embezzled $10,000 from his company by stealing a check sent in by a customer with a 1A name similar to his own. He then concealed the theft by using checks received from other customers, at a later date to credit the account of the customer whose check he stole. This is an example of: A) Lapping B) Kiting. C) Off balance sheet financing D) Creating fraudulent special purpose entities. 7. Referring to the previous question which of the following controls would have prevented this from occurring a. Depositing checks daily b. Segregation of duties c. Sequence check d. Customer credit check auditor is performing cutoff tests relating to receipts of goods the client purchased. All goods received are FOB destination. Which of the following disbursements does not represents an unrecorded liability as of December 31, 2017? Date of receipt of Date recorded in books 01/03/18 oods A 12/31/17 B 01/03/18 C 12/31/17 DI 12/31/17 01/04/18 1/05/18 ion requests Of the following

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