Why statistics on fraud are so difficult to obtain
Problem: Fellow students in your fraud examination class are having a hard time understanding why statistics on fraud are so difficult to obtain. What would you say to enlighten them?
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From this case, identify: 1. The pressures, opportunities, and rationalizations that led James to commit his fraud. 2. The signs that could signal a possible fraud.
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1. Prepare the entries necessary in 2009 and 2011 to reflect the above information 2. Prepare a schedule showing the intangible asset section of Janes’ December 31, 2011, balance.
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