Describe control procedure-pretended or detected the fraud

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Assume that Corey Jones, account payable clerk for Matthew Davidson Computers, stole $59,456 by paying fictitious invoices for goods that were never received. The clerk set up accounts in the manes of the fictitious companies and cashed the checks at a local bank. Describe a control procedure that would have pretended or detected the fraud.

Reference no: EM13824090

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Describe control procedure-pretended or detected the fraud : Assume that Corey Jones, account payable clerk for Matthew Davidson Computers, stole $59,456 by paying fictitious invoices for goods that were never received. The clerk set up accounts in the manes of the fictitious companies and cashed the checks at..

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