About the control over the cash account

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Reference no: EM131371997

Shear Madness is a case where the internal environment is being affected by possible poor segregation of duties and a family based atmosphere resulting in questions about the control over the cash account. Discuss what “professional skepticism” means and how it relates to this case. Should John’s findings from his preparation of the June bank reconciliation create an environment where he should be more or less skeptical of Daphne? In your opinion, was a crime committed?

Reference no: EM131371997

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