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Accounting systems & accurals


Upon examination of the greatest threats to a computerized accounting system, suggest two (2) preventive measures or remedies that protect the system and/or mitigate any negative impacts to the system. Provide a rationale for your response. Pretend that you are a criminal and want to commit fraud by altering your company’s accruals. Create a brief plan (approximately one [1] paragraph in length) of how you would commit the fraud. Predict the major potential resulting damage(s) to the company’s financial statements from the fraud.


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