Carolina Creations recently discovered that a payroll clerk had issued checks to nonexistent employees for...

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Accounting

Carolina Creations recently discovered that a payroll clerk had issued checks to nonexistent employees for several years and cashed the checks himself. The company does not have any internal control procedures for its payroll operations. What specific controls might have led to the discovery of this fraud more quickly or discouraged the payroll clerk from even attempting the fraud? In order to earn full credit on the assignment, you must post both your own write- up and respond to another student's write-up. Your write-up should be one to three *short* paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer [i.e. "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product.
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Carolina Creations recently discovered that a payroll clerk had issued checks to nonexistent employees for several years and cashed the checks himself. The company does not have any internal control procedures for its payroll operations. What specific controls might have led to the discovery of this fraud more quickly or discouraged the payroll clerk from even attempting the fraud? In order to earn full credit on the assignment, you must post both your own writeup and respond to another student's write-up. Your write-up should be one to three "short" paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer [i.e. "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product

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