A purchasing agent for a large hardware retailer has sole discretion in selecting vendors for the parts and supplies sold by the company. The agent directs a disproportionate number of purchase orders to a supply company owned by the agent’s brother in law, which charges above-market prices for its products. The agent’s relationship with the supplier is unknown to his employer. Required What type of fraud is this, and what controls can be implemented to prevent or detect the fraud?
At superior-papers.com, your custom essay order will be finished much quicker than you can even imagine. From regular orders taking a few days to urgent orders needed in a few short hours, superior-papers.com offers quick, reliable service to meet all your custom essay needs.
4870 Cass Ave
Detroit, MI, United States
+1 (940) 905 5542