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How the recording of fictitious secures happens

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Reference no: EM133206041

1. Explain further why and how the recording of fictitious secures happens.

2. What is the possible control that can be done to prevent the recording of fictitious secures from happening?

3. What audit procedure could the auditor do in order to check this fraudulence of fictitious secures from being recorded?

Reference no: EM133206041

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