You have been reviewing your client’s description of its int…
You have been reviewing your client’s description of its internal controls and you notice that the following preventative controls are in place: requiring manager approval for inventory write-offs; and segregation of duties so that employees executing sales do not perform inventory write-offs. As part of a fraud risk assessment, which of the following choices correctly identifies the fraud scheme(s) these internal controls would help prevent? (Check all that apply)