Assingment
Provide a unique and supported response to each of the questions below. You are encouraged to utilize other sources besides the textbook.
In your submission, please write out the question and provide the response directly afterwards.
1. Explain why the overstatement of a reserve for accumulated depreciation of an acquired company at the time of acquisition would cause an overstatement of goodwill.
2. Discuss what types of fraudulent activities could create increases in gross margin as a percentage of sales.
3. How can lifestyle changes help in detecting fraud?
4. Briefly describe how the use of databases could help in detecting kickback fraud schemes.
5. After reading lecture two, choose one of the three employee schemes discussed and suggest three ways it may be mitigated or prevented.
6. Describe the type of person that is most likely to commit a large fraud.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.