Discussion 2

 
You work for a small retail firm, where it is clearly too expensive  to have proper segregation of duties. Because of this lack of control,  management knows that opportunities exist to perpetrate fraud within the  company. Management is particularly concerned with possible collusion  between purchasing agents and vendors because of the relatively small  size of the company and the fact that a single purchasing agent is often  solely responsible for a vendor’s account. Management knows now that a  lot of money can be saved by proactively preventing fraud and not just  acting on a reactionary or crisis basis. They have started to establish  an open-door policy where all employees are encouraged to talk about  pressures and opportunities faced while on the job. Management also  wants to establish a hotline where employees can report suspicious  activity.
Using both the required text and external resources, address the  question provided below. Responses should be unique and incorporate your  personal perspectives that are supported by reading and research.  Initial comments should be 1-2 paragraphs in length for each point.  Follow-up postings should not exceed a paragraph and should add  additional information or perspective to the original author’s comments.