Explain manner in which Company P test the operating effectiveness of the given controls using the four methods of test controls.

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Chapter H, Problem 41EP

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Explain manner in which Company P test the operating effectiveness of the given controls using the four methods of test controls.

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Summary This exercise gets you ready to think about various business assets that might be exploited fraudulently. Here, you'll think about money. Get ready Find and investigate instances of businesses where an employee engaged in cash theft using the Internet. How to locate instances utilizing Library resources is suggested on the MSAC Library Guide's Fraud and Corruption page. Explain the actions and efforts at concealment involved in currency theft. Give instances from your investigation. Separate the actions and efforts at concealment related to cash fraud from those related to non-monetary asset misappropriation schemes. Give instances of the various actions and covert initiatives. When currency is not the aim of fraud, how and why should antifraud methods be used differently? How and why should antifraud methods be used differently when the fraudster's goal is not money? Cite two references to back up your writing. Select reliable, appropriate, and pertinent sources. Make sure to…