Upside-1)mm Applications develops commit programs to customer’s specifica-tions. Recently development of a new program stopped while the programmers recksigned Upsick.1)own’s accounting system. Upsidc.Down’s accountants could have performed this task. Norma Rottler has been your trusted employee for 24 years. She performs all cash.handling and accounting duties. Ms. Roulet just purchased a new Lexu.s and a new home in an expensive suburb. As owner of the company. you wonder how she can afford these luxuries because you pay her only 530,000 a year and she has no source of outside income. Ink Hardwoods. a private company. falsified sales and inventory figures in order to get an important loan. The loan went through. but laic later went bankntpt and could not repay the bank. The office supply company where Pet Grooming Goods purchases sales receipts recently notified Pet Grooming Goods that its documents were not pre-numbered. Howard Muuro. the owner. replied that he never uses receipt numbers. Discount stores such as Cusco nuke most of their sales in cash, with the remainder in credit card sales. To reduce expenses. one store manager ceases purchasing fidelity bonds on the cashier. Cornelius Comdogs keeps all cash receipts in an empty box for a week because he likes to go to the bank on Thesdays when Joann is working
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