Refer to the Focus on Fraud feature Skimming and the Completeness Assertion. Using appropriate resources,...

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Accounting

Refer to the Focus on Fraud feature Skimming and the Completeness Assertion. Using appropriate resources, find an example of a skimming fraud and be prepared to describe the fraud. Your description should include a discussion of who com- mitted the fraud, how they committed the fraud (e.g., controls that were absent), and how much money was stolen (if disclosed or estimated).

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