Question: While Walter is conducting a review at Saule Ltd., he has become aware through inquiry that there may be employees taking advantage of their expense claims by claiming amounts that are not supported. Which one of the following would be the MOST appropriate course of action in a review engagement for suspected fraud? Need Assignment Help?
Question options: a) Compare employee expense claims for the current year to those from the prior year, and inquire of management about any employee who had increased expense claims in the current year. b) Select a sample of expense claims to test in order to verify the authenticity of expenses. c) Inquire with senior management regarding the suspected fraud. d) Withdraw from the engagement.