A possible type of accounting fraud is payroll fraud.Payroll fraud occurs when someone in the...

90.2K

Verified Solution

Question

Accounting

A possible type of accounting fraud is payroll fraud.Payroll fraud occurs when someone in the payroll department creates a fake/ imaginary employee and then collects the pay checks for that employee.

HOW to avoid it

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students