(Fraud examination) John Doe, a fraud examiner, has been hired by ABC Corporatio
ID: 442959 • Letter: #
Question
(Fraud examination)
John Doe, a fraud examiner, has been hired by ABC Corporation to investigate a shortage of cash, which management thinks is being caused by fraudulent behavior. John Doe could spend his time and money pusuing witnesses to the crime or collecting documents that would confirm fraudulent activities. As with most fraud examiners, he chooses to collect supporting documents instead of pursuing witnesses.
Explain why John and most other fraud examiners prefer documents over witnesses; then describe elements of good document care.
Explanation / Answer
Fraud examiners normally have two alternatives for data collection including collection of physical documents and statements of witnesses. However, normally they prefer physical documents over the witnesses. Like other fraud examiners, John preferred documents over witnesses because documents are the backbones of concealment examinations. In such cases, normally the physical data including the documents and computer records are manipulated that are easy to identify, analyze, and track. Besides this, documents are more reliable and consistent source of information in comparison to the witnesses who can be bribed or threaten to give false information.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.