ACC 291T Week 3 Discussion Answer


NURS 3150/3151: Foundations of Nursing Research


ACC 291T Week 3 Discussion Answer


Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words (replies also need to be a minimum of 175 words each):


Respond to the following:

Many companies are unaware of unethical and fraudulent transactions. An Association of Certified Fraud Examiners study showed that “two-thirds of all employee thefts involved a fraudulent disbursement by an employee. The most common form of fraud (24.9% of cases) was fraudulent billing schemes (usually this involves the employee having the company issue a payment to the employee by submitting a bill for something that never happened such as nonexistent goods or services, purchases of personal goods by the employee, or inflated invoices).” The following chart shows different types of fraudulent disbursements and the median loss from each.

Category                                           Median Loss                                    % of cases

Billing                                                $100,000                                            24.9%

Expense reimbursement                   $ 26,000                                           14.5%

Check tampering                               $143,000                                           11.9%

Payroll                                               $ 48,000                                             9.3%

Source: 2012 Report to the Nation on Occupational Fraud and Abuse, Association of Certified Fraud Examiners,, p. 12..


Kimmel, Paul D., Weygandt, Jerry J., Kieso, Donald E. (2013). Financial Accounting: Tools for Business Decision Making, 8th edition, John Wiley & Sons, Inc., Hoboken, NJ

How can companies reduce the likelihood of fraudulent disbursements?


Due Monday

Reply to at least 2 of your classmates (replies also need to be a minimum of 175 words each). Be constructive and professional in your responses. ACC 291T Week 3 Discussion Answer

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