90.2K

Verified Solution

Link Copied!

On behalf of our tax, financial advisory and medical service clients, we thank you again for taking the time to review our accounting processes. Our business continues to grow despite the impact that COVID-19 is having on our economy. In fact, the sound and reliable guidance that you and particularly members of ACC 331 provided to address previous concerns is needed more now than ever before. Requirement 1: Based on your experience and insight, help this business identify six recent scams directly or indirectly related to medicine (COVID-19) or the Economic Impact Payment (e.g., stimulus check payment) process, and state what can be done to avoid becoming a victim. You can also offer advice to help employees avoid identity thief. Specifically, for each scam, identify: (1) a specific target group or person (e.g. the elderly, retirees, students or anyone), (2) specific action steps taken by the scammer(s) or fraudster(s) and (3) what could be done to avoid becoming a victim. Try to limit your answers to parts (1), (2) and (3) to 100 words. Requirement 2: In an formal presentation to the class, discuss / share only two of the six scams from Requirement 1. Slides are required for your presentation. To earn maximum point value, 50% of your grade is based on presenting Requirement \#2 during a 3 to 4 -minute presentation (verbal only) on March 16 or March 21, 2023

Answer & Explanation Solved by verified expert

See Answer