Discuss whether the situation described can happen to a


Coupon accounting abuse. Required:
a. Discuss whether the situation described can happen to a company with a good control environment.
b. Describe any steps a company could take to prevent such abuse.
c. List those parties who might be harmed by this situation.
d. Do you consider this example to be management fraud or employee fraud? Describe how it fits the definition of your choice.

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Accounting Basics: Discuss whether the situation described can happen to a
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