Administrative employees used company funds to purchase good

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Reference no: EM132299504

Meijer Inc. discovered a fraud wherein one of its front office administrative employees used company funds to purchase goods, such as computers, digital cameras, DVD players, and other electronic items, for his own use. The fraud was discovered when employees noticed an increase in delivery frequency from vendors and the use of unusual vendors. After some investigation, it was discovered that the employee would alter the description or change the quantity on an invoice in order to explain the cost on the bill.

Comment on control strengths and weaknesses related to this fraud.

Reference no: EM132299504

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